Toronto — November 30, 2018 — Espresso Capital announced today that it has provided CA$7 million of debt financing to ScribbleLive, a Toronto, Ontario-based content marketing platform company. The company will use the capital to support its continued growth.
ScribbleLive provides global brands and enterprises with the data insights and content solutions they need to improve the performance of their sales and marketing initiatives. Companies such as Red Bull, Dell, NBA, Bank of America, Yahoo, and Bayer leverage the ScribbleLive Content Cloud to create on-demand premium content, interactive experiences, and real-time audience engagement solutions. ScribbleLive’s investors include Georgian Partners, The OpenText Enterprise Apps Fund, Export Development Canada, Summerhill Venture Partners and Rogers Venture Partners.
“The demand among brands, marketers, and enterprise organizations for innovative content solutions continues to grow” said Efrem Ainsley, CEO of ScribbleLive. “This new funding will enable us to further accelerate our growth and deliver on our goal of enabling our customers to drive measurable business results with high-performing visual, video, and interactive content solutions.”
“ScribbleLive has a proven track-record of delivering value to its clients with measurable ROI” said Will Hutchins, Managing Director of Espresso Capital. “We are excited to be extending this funding to support ScribbleLive as it builds on its position as a leading provider of content solutions.”
Armentum Partners acted as sole advisor to ScribbleLive in this transaction.
About Espresso Capital
Espresso empowers companies with innovative venture debt solutions. Since 2009, we’ve helped more than 270 technology companies and their investors accelerate growth, extend runway, and increase strategic flexibility with non-dilutive capital. Learn more at www.espressocapital.com.
ScribbleLive is an award-winning content marketing platform company that provides global brands and enterprises with the insights and solutions they need to better attract, convert, and retain their audiences. Companies such as RedBull, Fedex, Dell, Reuters, Yahoo, American Express and the Boston Globe leverage the ScribbleLive Content Cloud to create scalable, premium content, interactive experiences and real-time audience engagement solutions. Our goal is to help you optimize your content performance and drive better business results.
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