Foko Retail Raises $3M in Funding

– Foko Retail is a Gatineu, Quebec, Canada-based leader in the retail communication and task management software space.
– The company raised $3m in funding.
– The round was led by BDC Capital, as well as Canada Economic Development for Quebec Regions (CED), local economic development agency ID Gatineau, and current shareholders.
– The new capital will be used to expand the company’s penetration in international retail markets and further develop its current suite of products by enabling research and development.