OMERS Ventures closes Fund III, nets $300 mln in commitments
Canadian venture capital firm OMERS Ventures has closed its third fund, raising $300 million. OMERS Ventures Fund III secured commitments from the Ontario Municipal Employees Retirement System as well as third-party investors, including BMO Financial Group, CIBC, National Bank, Sun Life Financial, TD Securities and the Wafra Group. The close brings the firm's total capital managed to $800 million. Launched in 2011, OMERS Ventures has invested in 35 North American companies, which have raised an additional $1.2 billion in funding. Earlier this year, the firm led the $12 million Series B round of Ottawa dashboard software provider Klipfolio.
9 May 2017•2 mins read
