Vancouver-based e-learning solutions provider Lambda Solutions Inc has secured $2.2 million in non-dilutive funding. The source of the capital was Quantius, a Canadian lender to innovative businesses. The deal’s proceeds will be used to grow the company’s international reach and accelerate product growth and innovation. Established in 2002 and led by CEO Shevy Levy, Lambda provides online learning management systems technology, training and services to enterprises in education, healthcare and other sectors. It has also received funding from TIMIA Capital Corp.
Lambda Solutions Obtains $2.2 Million Capital Investment from Quantius
Financing to enable Lambda Solutions to invest in the official launch of Zoola Analytics
Lambda Solutions Obtains $2.2 Million in Capital Investment from Quantius
Vancouver, BC (PRWEB) September 12, 2017
Lambda Solutions, a leading provider of Learning Management Systems (LMS) technology and services, announced today that a $2.2 million non-dilutive capital investment from Quantius has been finalized. The additional financing will enable Lambda’s management to expand its international reach, and accelerate product growth and innovation. It is a significant step towards achieving Lambda’s strategic objectives and will help with the official launch of Zoola Analytics, Lambda Solutions’ reporting and analytics product.
Zoola Analytics provides secure access to all of an organization’s LMS data and allows users to quickly and easily create actionable reports and customizable dashboards. As more organizations invest in eLearning technology to train and develop their talent, Zoola uniquely provides LMS reporting and analytics capabilities for Moodle, Totara and xAPI learning data. Zoola was recognized by Quantius as a high-growth opportunity and sees the product as a potential technological disruptor in the LMS space.
“We are extremely pleased to be partnering with Quantius,”said Lambda CEO and Co-founder, Shevy Levy. “The leaders at Quantius possess a deep understanding and expertise of our SAAS consulting business, which efficiently facilitated a smooth due diligence process. It is very exciting for me and the entire Lambda team that Quantius supports our growth story.”
Lambda began in a corner of a basement in North Vancouver, Canada and in 15 years, has grown to be one of the most established and respected LMS Solutions organizations with clients spanning the globe.
Quantius is a commercial lender that attributes value to both tangible and intangible assets of innovative companies. The Quantius team combines technology and operations expertise with credit management and originations depth, and levers a proprietary best-in-class IP analytics platform to identify companies whose commercial outperformance is driven by superior IP. For more information on Quantius please visit http://www.quantius.ca.
About Lambda Solutions:
Lambda Solutions is an e-learning solutions company, providing learning management systems (LMS) technology, training and services for education, healthcare, and global enterprise organizations. Hosted in the cloud on world-class, secure infrastructure, Lambda Learning Solution is a scalable, customizable online learning and training platform for employees, students, partners, and customers, and includes Zoola Analytics, a powerful reporting solution. Founded in 2002, Lambda Solutions is headquartered in Vancouver, Canada, with offices in Serbia, and the United States. For more information, please visit: Lambdasolutions.net
Photo courtesy of Lambda Solutions Inc