Fredericton’s PLATO Testing, an Indigenous information technology services and training company, has raised $2 million from Vancouver-based Raven Indigenous Capital Partners and plans to roughly double its staff over the next year.
The deal is a step towards making good on a promise CEO Keith McIntosh made when he founded PLATO to eventually transfer majority ownership to Indigenous hands, since McIntosh himself is not First Nations.
The raise will also finance a hiring push that McIntosh said will make it easier to bag government contracts. He said government procurement processes are