BDC Capital increases lead commitment to Mistral Venture Partners
BDC Capital has made an additional $3 million commitment to a seed and early-stage information technology fund managed by Mistral Venture Partners, a Canadian venture capital firm. The investment, which brings BDC's total lead commitment to $6 million, will support Mistral's ability to undertake follow-on financings, BDC said. Founded in 2013, Ottawa-based Mistral is led by Code Cubitt, the firm's managing director, and Bernie Zeisig, its managing partner. Mistral's 2015 deals include The Better Software Co, a provider of SaaS solutions to small businesses, and CENX, a provider of orchestration solutions for software-defined and virtualized networks.
26 January 2016•3 mins read
