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Skura to advance mobile sales technology with $3 mln investment from BEST Funds

Oakville, Ontario-based Skura Corp, a sales technology solutions company, has secured a $3 million investment from venture capital and private equity firm BEST Funds. Investment proceeds will allow the company to expand internationally, increase sales and marketing, and improve customer service. The Toronto-based BEST Funds has been highly active in 2013, so far doing 14 deals involving such enterprises as AccuityAds, Intelligent Mechatronic Systems and TeamBuy.

PRESS RELEASE

BEST Funds Finalizes Investment With Skura Corporation

Canadian Venture Capital Firm Finalizes Investment into Oakville, Ontario Technology Solutions Company

TORONTO, ONTARIO–(Marketwired – Sept. 30, 2013) – Toronto-based venture capital/private equity firm BEST Funds has just announced that it will be investing $3 million in leading sales technology solutions company, Skura Corporation. This investment will allow the company to expand its global footprint, increase sales and marketing efforts and consistently work toward improving customer service across its diverse client base.

BEST Funds is confident that with this investment, Skura Corporation will continue to pioneer innovative applications and grow as a leader in the mobile sales technology space. Of the new debt-deal, CEO of BEST Funds John Richardson, said, “We are excited about this new investment and are happy to support an organization that is helping sales teams around the globe to be more effective and interconnected with colleagues, partners, prospects and clients.”

In response to the deal, CEO and Founder of Skura Corporation, Chris Skura, said, “With the astounding adoption of mobile technologies in recent years, there is a significant opportunity to help field sales teams to better leverage this technology in the sales process. At Skura, we are proud to be at the forefront of these changes and this investment will help us continue to drive true innovation in the industry.”

About BEST Funds

BEST Funds is a leading Venture Capital/Private Equity firm that focuses on funding rapidly growing Canadian companies by providing them with the capital needed to execute their growth strategies and fully develop their Intellectual Property. Primarily focused on companies with recurring revenue streams in the technology, healthcare and financial services industry, BEST Funds is actively deploying capital to some of Canada’s fastest growing companies. BEST Funds was established in 1996 in Toronto and works with companies across Canada. For more information, please visit: www.bestfunds.ca.

About Skura Corporation

Founded in 1996, SKURA has grown into an international company with satisfied customers around the globe. At SKURA our mission is to improve the EFFECTIVENESS of sales teams by ENABLING their digital collateral to reach customers across all channels of ENGAGEMENT. Our next generation technology helps sales professionals do more, work smarter and better their productivity through the enablement of their digital devices. The SKURA SFX platform is the preferred Mobile Sales Enablement solution for over 36,000 sales professionals supporting over 120 top brands in 34 countries around the world. For more information, please visit http://www.skura.com.

Contact Information

BEST Funds
Alan Chettiar
416-203-7331 ext. 235
www.bestfunds.ca

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