The people
What they build
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Working at Cymax Group
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On the TechVancouver stage
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About
Started in 2004 as an online audio-video furniture retailer, the company nearly collapsed when Google's 2010 Panda update wiped out its search traffic, then rebuilt as a diversified technology and logistics business. It now operates the Channel Gate platform, the Freight Club shipping network and the Home Square retail brand. Majority owner Markus Frind's Frind Holdings later took control, with Frind named permanent CEO.
Backers
Frind Holdings, BDC Capital, Salman Partners (Series A)
Quick answers
What is Cymax Group?
A Vancouver-area e-commerce company founded by Arash Fasihi in 2004, now running the Channel Gate multichannel platform, the Freight Club shipping network and the Home Square retail brand.
What happened after Google's Panda update?
The 2010 update wiped out the company's search traffic almost overnight. It rebuilt by diversifying across Amazon, Walmart, eBay and its own sites, investing in branding and automation, and repositioning as a supply-chain platform.
