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Snapshot of a VC Deal: LemonStand

LemonStandWho: Vancouver-based LemonStand, which provides an e-commerce platform to mid-size companies looking to build custom and affordable online stores.

How much: An undisclosed seed round from BDC and a group of angel investors that includes Michael Klinger, Paul Rochester, Kalle Radage and Michael Weider.

The quote: “With consumers becoming increasingly comfortable purchasing online, more and more merchants are scrambling for an eCommerce platform that meets their needs of flexibility, quality support, community and at a price point they need to be successful. We’ve built a strong, loyal community of happy developers around our platform, and we’re very excited to further strengthen the LemonStand ecosystem by investing more into development and partnerships.” - Danny Halarewich, LemonStand’s co-founder and CEO.

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