By  on November 26, 2013

Beyond the Rack, the Montreal-based off-price flash site, has closed a sixth round of financing and brought in veteran Mike Bhaskaran as its chief operating officer.

The e-commerce retailer has added $25 million to its coffers through contributions from three new investors, Investissement Québec, Iris Capital and Tandem Expansion Fund. Four other investors from previous rounds — Highland Capital Partners, Panorama Capital, BDC Venture Capital IT Fund and iNovia Capital — also participated.

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