Accelerate Fund II invests in digital ad network Visio Media
Accelerate Fund II, an Alberta early-stage angel co-investment fund, has invested an undisclosed amount in Visio Media Inc, an Edmonton digital out-of-home advertising network. Founded in 2011, Visio uses software called Elev8 in the elevators of high-rise commercial and residential properties to help advertisers reach their target audiences. Its network currently broadcasts to 200 elevators in Edmonton and Vancouver high-rises. Visio, which is led by CEO Fouad El-Masri, will use the funds raised to expand into other Canadian urban centres. Accelerate Fund II is managed by Canadian growth equity firm Yaletown Partners.
10 October 2017•3 mins read
