GrubMarket Snags Canada based Funtech Software as it looks at continued expansion globally

GrubMarket acquires Funtech Software, a Canadian software-as-a-service provider of eCommerce and online grocery software solutions for online grocery companies and brick-and-mortar grocery stores throughout Canada and the U.S., enabling them to grow and manage their consumer-facing online businesses.

This will give GrubMarket a distinct advantage in this space as it expands their reach, here is more from the Press Release:

GrubMarket today announced it has completed the acquisition of Vancouver-based Funtech Software, a provider of comprehensive eCommerce systems and online grocery software solutions to both online grocery companies and brick-and-mortar grocery stores, enabling them to manage their business online and reach more consumers. This marks GrubMarket’s first acquisition in Canada, and the formation of GrubMarket’s first overseas software technology R&D center, leveraging the rich software engineering resources in the Vancouver area.