AppZero, Glitchsoft secure venture capital, federal funding

The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) has invested a total of $1.25 million in two Ottawa technology companies. According to FedDev Ontario, AppZero Software Corp, which develops technology that moves server applications to and across any cloud or data centre, also raised $1.5 million in financing from Covington Capital Corp, Woodford Farm Trust and Seaver Kent Family Investments. It also said Glitchsoft Corp, which designs, builds and publishes games for mobile smartphones and tablet devices, raised $1 million in financing from Wesley Clover International Corp and angel investors.

22 January 2015•5 mins read
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