Private Equity
Graphite Software has raised $8 million in a Series B financing. The oversubscribed round was led by investors from Beijing-based Zhongguancun Private Equity & Venture Capital Association. They were joined by Green Century Investment and Celtic House Venture Partners, which led the company's $4.4 million Series A round in June 2013. Ottawa-based Graphite is the creator of Secure Spaces, an Android virtualization solution that enables user experiences while protecting privacy and security. The company, which recently opened an office in China, will use the funds raised to expand its team and accelerate growth in the mobile device market.
5 min read · 16 June 2016
Graphite Software has raised $8 million in a Series B financing. The oversubscribed round was led by investors from Beijing-based Zhongguancun Private Equity & Venture Capital Association. They were joined by Green Century Investment and Celtic House Venture Partners, which led the company's $4.4 million Series A round in June 2013. Ottawa-based Graphite is the creator of Secure Spaces, an Android virtualization solution that enables user experiences while protecting privacy and security. The company, which recently opened an office in China, will use the funds raised to expand its team and accelerate growth in the mobile device market.
5 min read · 16 June 2016
Human resources software provider Qimple has secured $1.1 million in seed-stage financing. New Brunswick Innovation Foundation led the round, with participation from Green Century Investment, a Canadian private equity and venture capital firm. Based in Moncton, New Brunswick, Qimple provides an online hiring platform to improve the way employers and job-seekers interact. It plans to use the proceeds of the seed round to hire more team members and pursue growth. Founded in 2014 by CEO Yves Boudreau and CTO Benoit Bourque, Qimple was previously funded by 500 Startups and BDC Capital.
5 min read · 16 June 2016
Overbond Ltd, a Toronto-based bond issuance platform, has raised $7.5 million in seed-stage financing. The investment was made by Morrison Financial Services Ltd. Founded last year by CEO Vuk Magdelinic and Head of Product Han Ryoo, Overbond has developed technology to help digitalize bond issuance, connect market participants, and make transactions more transparent and secure. Earlier in 2016, the company unveiled Overbond BPS, a cloud-based solution for streamlining dealer-issuer communication and providing advanced market analytics.
2 min read · 16 June 2016
Overbond Ltd, a Toronto-based bond issuance platform, has raised $7.5 million in seed-stage financing. The investment was made by Morrison Financial Services Ltd. Founded last year by CEO Vuk Magdelinic and Head of Product Han Ryoo, Overbond has developed technology to help digitalize bond issuance, connect market participants, and make transactions more transparent and secure. Earlier in 2016, the company unveiled Overbond BPS, a cloud-based solution for streamlining dealer-issuer communication and providing advanced market analytics.
2 min read · 16 June 2016
Zaius, a business-to-consumer marketing startup, has closed a US$8 million investment. It was led by _Underscore.VC and joined by Leaders Fund, a Canadian venture capital firm that launched an enterprise software fund in January. Existing investor Matrix Partners also participated. Based in Boston, Zaius aims to empower direct-to-consumer marketers to maximize customer lifetime value by unifying all interaction data in a single platform. It plans to use the funds raised to grow sales and marketing, enhance its technology, and expand partnerships.
3 min read · 15 June 2016
Zaius, a business-to-consumer marketing startup, has closed a US$8 million investment. It was led by _Underscore.VC and joined by Leaders Fund, a Canadian venture capital firm that launched an enterprise software fund in January. Existing investor Matrix Partners also participated. Based in Boston, Zaius aims to empower direct-to-consumer marketers to maximize customer lifetime value by unifying all interaction data in a single platform. It plans to use the funds raised to grow sales and marketing, enhance its technology, and expand partnerships.
3 min read · 15 June 2016
The Next 36, a Canadian non-profit organization focused on supporting young entrepreneurs, has launched the Young Founders Fund. The fund, which will provide up to $50,000 in seed funding to businesses built within The Next 36 program, is led by BDC Capital. Other participants include Globalive Capital and Lee Lau of Alignvest Management Corp. The Young Founders Fund succeeds 36 Investments, which is now fully invested. Companies backed by the prior fund include Bridgit, a construction project management platform, Kira Talent, an online talent assessment specialist, and SeamlessMD, a patient engagement technology provider.
4 min read · 15 June 2016
The Next 36, a Canadian non-profit organization focused on supporting young entrepreneurs, has launched the Young Founders Fund. The fund, which will provide up to $50,000 in seed funding to businesses built within The Next 36 program, is led by BDC Capital. Other participants include Globalive Capital and Lee Lau of Alignvest Management Corp. The Young Founders Fund succeeds 36 Investments, which is now fully invested. Companies backed by the prior fund include Bridgit, a construction project management platform, Kira Talent, an online talent assessment specialist, and SeamlessMD, a patient engagement technology provider.
4 min read · 15 June 2016
Canadian cinematic virtual reality (VR) producer Félix & Paul Studios has secured about $8.7 million (US$6.8 million) in a Series A financing. Comcast Ventures, an affiliate of U.S. media business Comcast Corp, led the round. It was joined by Caisse de dépôt et placement du Québec, LDV Partners and Phi Group. With the deal, Comcast Ventures' Michael Yang will join the company's board. Founded in 2013, Montréal-based Félix & Paul has developed a platform for live-action VR filming and post-production. It will use the funds raised to grow its team and production capacity, enhance its VR cameras and software suite, and expand its presence in global markets.
5 min read · 15 June 2016
