Private Equity
London-based tag manager and attribution specialist Tagman Ltd has been bought for an undisclosed sum by Ensighten Inc, a Cupertino, California-based company that operates in the same sector. The combined entity provides a platform for digital marketers to leverage the foundation of tag management and unlock the full potential of their data, Ensighten said. The deal also provides an exit to Tagman's investors, which including Canadian venture capital firm iNovia Capital, which along with Greycroft Partners has backed the company since 2010. Ensighten is also venture-backed.
4 min read · 20 March 2014
London-based tag manager and attribution specialist Tagman Ltd has been bought for an undisclosed sum by Ensighten Inc, a Cupertino, California-based company that operates in the same sector. The combined entity provides a platform for digital marketers to leverage the foundation of tag management and unlock the full potential of their data, Ensighten said. The deal also provides an exit to Tagman's investors, which including Canadian venture capital firm iNovia Capital, which along with Greycroft Partners has backed the company since 2010. Ensighten is also venture-backed.
4 min read · 20 March 2014
A new study from the Business Development Bank of Canada (BDC) has found that advisory boards have a major impact on the financial performance of small and medium-sized enterprises (SMEs). For example, from 2001 to 2011, average annual sales of businesses with an advisory board were 24% higher than those of a control group of other businesses, while productivity was 18% higher. However, the study also found that only 6% of Canadian SMEs currently use an advisory board. When forming an advisory board, entrepreneurs were found to typically seek expertise in accounting and finance, sales and marketing, and human resources.
3 min read · 20 March 2014
A new study from the Business Development Bank of Canada (BDC) has found that advisory boards have a major impact on the financial performance of small and medium-sized enterprises (SMEs). For example, from 2001 to 2011, average annual sales of businesses with an advisory board were 24% higher than those of a control group of other businesses, while productivity was 18% higher. However, the study also found that only 6% of Canadian SMEs currently use an advisory board. When forming an advisory board, entrepreneurs were found to typically seek expertise in accounting and finance, sales and marketing, and human resources.
3 min read · 20 March 2014
Aislelabs Inc, a provider of marketing automation technologies to retailers, has secured seed-stage financing from Canadian venture capital fund MaRS Investment Accelerator Fund, Rho Ventures, Salesforce.com and a number of angel investors. While the company did not announce the funding amount, Betakit reports the total as $1.5 million. Aislelabs plans to use investment proceeds to accelerate sales and marketing efforts for its product brands, Aislelabs Flow and Aislelabs Engage, which assist retailers to increase sales through the power of big data analytics. Founded in 2013, the company has its headquarters in Toronto.
3 min read · 20 March 2014
Aislelabs Inc, a provider of marketing automation technologies to retailers, has secured seed-stage financing from Canadian venture capital fund MaRS Investment Accelerator Fund, Rho Ventures, Salesforce.com and a number of angel investors. While the company did not announce the funding amount, Betakit reports the total as $1.5 million. Aislelabs plans to use investment proceeds to accelerate sales and marketing efforts for its product brands, Aislelabs Flow and Aislelabs Engage, which assist retailers to increase sales through the power of big data analytics. Founded in 2013, the company has its headquarters in Toronto.
3 min read · 20 March 2014
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.
4 min read · 19 March 2014
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.
4 min read · 19 March 2014
U.S. venture capital funds distributed US$6.3 billion to limited partners in the third quarter, marking a sharp gain from the prior quarter, according to a new report. However, capital calls continued to lag, with venture funds bringing in less than US$1 for every US$2 they gave back to limited partners. Those were findings of a new report from Cambridge Associates on venture and private equity fund performance. Overall, the report found, venture distributions rose 25%, boosted by a healthy exit environment and strong aftermarket performance for newly public companies.
2 min read · 18 March 2014
U.S. venture capital funds distributed US$6.3 billion to limited partners in the third quarter, marking a sharp gain from the prior quarter, according to a new report. However, capital calls continued to lag, with venture funds bringing in less than US$1 for every US$2 they gave back to limited partners. Those were findings of a new report from Cambridge Associates on venture and private equity fund performance. Overall, the report found, venture distributions rose 25%, boosted by a healthy exit environment and strong aftermarket performance for newly public companies.
2 min read · 18 March 2014
