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Calm Radio Gets More Financing
May 21, 2019 at 6:34 AM (PT)
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Streaming "wellness and relaxation" music streaming service CALM RADIO has secured $1.25 million in financing from BDC and TD COMMERCIAL BANKING.
"We are thrilled to be partnering with two major forces in the Canadian finance community to help us grow our business," said CALM RADIO CEO ERIC HARRY. "These funds will help us further accelerate our growth after another amazing year at CALM RADIO."
"BDC, CANADA's bank for entrepreneurs, is proud to support CALM RADIO in the fulfillment of its growth strategy that will deliver jobs and innovation in CANADA," said BDC VP/National Lead, Technology JEAN-PHILIPPE PÉPIN. "CALM RADIO presented to us a solid business plan to achieve its vision in the fast-growing music streaming marketplace. Their tenacity in achieving tremendous growth to date clearly demonstrates the entrepreneurial spirit we support."

