VC Funds and FedDev Invest in Ottawa Tech Companies

The Federal Economic Development Agency for Southern Ontario has invested up to $1.85 million in three Ottawa-based technology companies and Capital Angel Network. Investee 360pi Corp., a software developer focused on price and product intelligence, also received $1.7 million from angel investors and MaRS Investment Accelerator Fund (IAF). SWIX Inc., which is focused on social media marketing and analytics, also received $1 million from GrowthWorks. Therapeutic Monitoring Systems, which has developed clinical decision support software, also received $1.7 million from Genesys Capital, MaRS IAF and other investors.

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