Foko receives $2 million in funding led by BDC Capital and Real Ventures

Enterprise focussed photo sharing and messaging service Foko has received another injection of funding. The Gatineau Quebec-based company recently raised $450,000 in seed funding earlier this year and now they have secured an additional $2 million from BDC Capital and Real Ventures. In addition to BDC and Real Ventures, part of the raise came from Sarah Imbach, Brian O’Higgins, Peter Griffiths, Sebastien Marineau, Paul Tsaparis, Eric Yau and Ricardo Poupada.

Foko’s app is available on iOS, Android, MAC and PC that allows employees to take, edit, and easily share photos from their mobile device. It also provides a private environment to share with employees, customers and partners via its messaging platform.

“We are very pleased with the success Foko has achieved in the current quarter. Foko has users in 10% of the Fortune 100 and more than 500 enterprise customers. Engagement on Foko is nearly three times the industry average for enterprise services. We have also secured approximately $2.5 million in seed funding from social, technology and venture industry veterans,” said Marc Gingras, CEO of Foko, Inc. “We will use the funds to continue to improve our service and increase awareness of Foko.”

Ian Hardy

Ian Hardy

Ian is publisher at MobileSyrup. He's been quietly creating and building things for years and is completely addicted to Tim Hortons.

  • Worked with Marc and Fang at Tungle. Can’t wait to see them crush it again