Deloitte has announced the winners of its 2015 Technology Fast 50 program, which together achieved an average four-year growth rate of 1,293 percent. As in past editions of the Fast 50, a large share of the Canadian winners were venture-backed. They included the top company: Frank & Oak, a Montréal-based online menswear retailer, which raised a US$15 million Series B round in 2014. Frank & Oak showed a four-year revenue growth rate of 18,480 percent. Others in the top 10 included Budge Studios, iotum, Hootsuite, AcuityAds and Aeryon Labs. A full list of the 2015 Fast 50 can be obtained here.
4 min read · 13 November 2015
Indicee Inc has been bought by Dun & Bradstreet Corp (NYSE: DNB). The acquisition price was not disclosed. Founded in 2006, the Vancouver-based Indicee has developed a cloud-based platform that helps businesses of all types bring disparate data and intelligence together quickly and efficiently. Dun & Bradstreet said Indicee would form part of its Cloud Innovation Center and leverage new ways to deliver the company's proprietary data and analytics. The deal gives exits to Canadian venture capital firm Yaletown Venture Partners and U.S. firm Granite Ventures. Yaletown helped seed the company in 2008 and participated with Granite in Indicee's US$6 million Series A financing round in 2009.
4 min read · 30 April 2014
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