Staytuned Raises $34M in Mostly Debt
Staytuned is a global software company that acquires and builds ecommerce applications with a core focus on Shopify.
The Company buys and owns different Shopify apps, and the funding is $9 million in venture capital and $24 million in debt that must be repaid. An aggregator taking on debt to run a software company is something I would worry about.
Staytuned: Staytuned raises $34M in new funding