Private Equity
LookBookHQ Inc, a Toronto-based content marketing automation platform, has secured about $13.6 million (US$11 million) in a Series B financing. The round, which brings the company's total funding to about $18.8 million (US$15 million), was led by U.S. venture capital firm Edison Partners. Founded in 2012 by CEO Mark Opauszky and President and CPO Nick Edouard, LookBookHQ has created software that helps organizations accelerate sales-ready prospects. It reports realizing 2.5x recurring revenue growth since last year's Series A round, also led by Edison. LookBookHQ will use the latest funds raises to scale sales and marketing and advance product innovation.
3 min read · 05 September 2017
Early-stage venture firm ff Venture Capital has hired Kathryn Hume as a venture partner to advise portfolio companies and teams, drawing on her business background in artificial intelligence and machine learning.
1 min read · 31 August 2017
Montreal-based SPORTLOGiQ, a developer of sports statistics solutions, has raised C$5 million in Series A funding. Rho Canada Ventures L.P. and Anges Quebec Capital S.E.C led the round with participation from other investors that included Mark Cuban and TandemLaunch.
1 min read · 30 August 2017
Montreal-based UNLTD, a virtual and augmented reality content studio, has raised C$1.1 million in seed funding. The investors included Richard D. Adler of Interdomus, David Reckziegel of Rex Media Capital and Senvest Capital. In conjunction with the funding, Adler and Stuart Cobbett of Rex Media Capital will join UNLTD's board.
1 min read · 30 August 2017
Kik Interactive, the Ontario, Canada-based creator of the global chat platform Kik, valued at $1 billion, said on Tuesday it will launch in two weeks the sale of its own crypto currency which is expected to raise $125 million.
2 min read · 30 August 2017
Saskatoon, Canada-based 7shifts, a provider of employee scheduling software for restaurants, has secured $3.5 million in funding. The investors were Tandem Capital and Relay Ventures.
1 min read · 30 August 2017
Ideal, a Toronto-based company providing artificial intelligence solutions for recruiting, announced this week that it has raised $3 million in venture capital funding from a consortium of investors including MaRS Investment Accelerator Fund, with proceeds earmarked for supporting new and existing customers.
3 min read · 29 August 2017
Upverter, a Toronto-based company providing web-based electronic design tools for engineers, announced this week that it has been acquired by, Australia-based Altium. Financial terms were not disclosed, but Upverter had been a portfolio company of Version One Ventures since 2013, securing over $3 million.
4 min read · 29 August 2017
Toronto and Los Angeles-based HERB, a cannabis tech platform, has raised $4.1 million in seed funding. Lerer Hippeau Ventures led the round with participation from Slow Ventures, Michael Lazerow, Bullpen Capital, Shiva Rajarama, Liquid 2 Ventures, Tobi Lutke, Harley Finkelstein and Adam Zeplain.
1 min read · 29 August 2017
3 min read · 28 August 2017
