Saskatchewan's Vendasta: Historic $119.5 million round

On May 27, 2021, Vendasta announced $119.5 million in financing, led by Lugard Road Capital and supported by the Canadian Business Growth Fund (CBGF), and some existing investors. This is the largest venture capital round ever for a Canadian Prairie information and communications tech firm, besting the $40 million record previously set by Vendasta in 20…