Canadian VC’s late-stage pivot shows market coming of age
The big story in Canada’s venture market in 2018 may be late-stage deals. Since January, the market’s top financings have backed a long lineup of tech companies in scaling mode, among them Auvik Networks, Breather, Coveo, Ecobee, Elastic Path, Ritual, Rubikloud, TouchBistro, Wattpad and Wealthsimple. VC funds poured more than $2 billion into these growth and late-stage rounds, the largest sum invested over a six-month period in 18 years, according to Thomson Reuters data.
20 July 2018•4 mins read
