The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Rob Banks (left) and Jeff Booth, co-founders of online home improvement product retailer BuildDirect.
Rob Banks (left) and Jeff Booth, co-founders of online home improvement product retailer BuildDirect.
(Handout/BuildDirect)

BuildDirect secures another $30-million in funding

BuildDirect, a Canadian company with the goal of becoming the Amazon.com of building products such as flooring and siding, has secured $30-million of venture capital funding to pursue its growth plans.

The Vancouver-based company’s lead investor in the series B round is Mohr Davidow Ventures, a new backer from Silicon Valley. BDC Venture Capital, one of the company’s existing investors, also contributed to the round. Earlier backers of BuildDirect include OMERS Ventures, which invested $16-million in 2012, and Difference Capital Financial, which put in $5-million last year.