aDolus Technology Inc., a Victoria-based company, raised US$2.5 million in its latest funding round. The oversubscribed funding round follows a year marked by high profile software supply chain attacks and increasing cybersecurity initiatives from the U.S. government. The company will use the funds to pursue an aggressive go-to-market strategy, timed to meet the sharply growing demand for supply chain security solutions, particularly in critical industries.
Fasken acted for aDolus Technology Inc. with a team with a team led by Geoff Pedlow and included Brock Euper (Corporate Finance).
Jurisdiction
- British Columbia