VC-backed Avigilon increases bought deal offering to $100 mln
Avigilon Corp (TSX: AVO), a provider of high-definition and megapixel surveillance solutions, has increased its previously announced bought deal offering of common shares to $100 million. An over-allotment option might result in the company raising aggregate gross proceeds of over $115 million. The Vancouver-based Avigilon is a current portfolio investment of British Columbia Discovery Fund (VCC), a retail venture capital fund managed by Discovery Capital Management Corp. The company went public in 2011.
19 March 2014•4 mins read
