Private Equity
OMERS Ventures, the Toronto-based venture capital arm of the OMERS pension plan, has brought aboard David Crow as an "evangelist in residence," a role Crow will use to act as an advocate on behalf of OMERS Ventures within the tech community. Crow is a startup advisor and cofounded the venture capital blog StartupNorth.ca, among other things.
2 min read · 11 December 2012
Cognitive Networks Inc., formerly known as TV Interactive Systems Inc., announced that it has raised $2.5 million from Rogers Venture Partners. Based in San Francisco, Cognitive Networks partners with television companies to enable content providers, advertisers and others to provide greater engagement and interactivity to TV programming. Rogers Venture Partners was launched in 2009 by Canadian media giant Rogers Communications Inc.
2 min read · 11 December 2012
Openera, Inc., which provides a cross-cloud content manager that automatically moves e-mail attachments into cloud services such as Google Drive or Dropbox, has secured the first tranche of an expected $750,000 seed financing, reports the Ottawa Business Journal. The initial $250,000 investment in the Ottawa, Ontario-based company comes from BDC Venture Capital, Prolific Ventures and various angel investors.
1 min read · 10 December 2012
Coveo Solutions Inc., a Québec City-based provider of advanced enterprise search technology and information access solutions, announced that it has secured C$18 million. The financing round was led by Canadian late-stage investor Tandem Expansion Fund and included existing investors BDC Venture Capital, Fonds de solidarité des travailleurs du Québec (FTQ) and Propulsion Ventures. Coveo has been venture-backed since the company's founding in 2006.
4 min read · 10 December 2012
A private equity fund of the Caisse de dépôt et placement du Québec and Desjardins Capital de risque made investments totaling C$18.6 million in small businesses in Québec. This activity, which took place from May to September and involved a range of companies, including Fibres Serden, Inc., a Saint-Hyacinthe-based manufacturer of van-style trucks. Investments were made through Capital croissance PME, a fund formed by the Caisse and Desjardins in 2010.
3 min read · 06 December 2012
Innovative Trauma Care, a Canada and San Antonio, Texas-based medical device startup, has closed on $3.64 million in Series A financing. The money will be used to commercialize its first product: the “ITClampTM Hemorrhage Control System,” the company said. Specifics of the round were not released.
2 min read · 05 December 2012
Chrysalix Energy Venture Capital, last week announced a significant expansion of its global cleantech investment network in a push for global reach.
2 min read · 05 December 2012
Clarity Inc., a Moncton, New Brunswick-based company focused on technology to support entrepreneurial mentorship through calls and connections with business experts, has C$1.6 million from a group of Silicon Valley investors, according to a Dec. 4 report in the National Post. Clarity's founder and CEO is serial entrepreneur Dan Martell, a Moncton native. Clarity was founded in May 2012.
1 min read · 04 December 2012
Montreal-based venture capital firm Real Ventures announced that its portfolio company Cinemagram Inc. has raised a Series A financing totaling $8.5 million. The deal was led by Menlo Ventures and joined by Khosla Ventures, Atlas Ventures and Real Ventures. Cinemagram enables users to create and share animated photos over mobile phones.
1 min read · 03 December 2012
London, Ontario-based Red Jacket Private Equity plans to raise C$60 million for a new venture capital partnership to invest in innovative companies in the Waterloo region, according to The Record. The fund, which is named the Waterloo Tech Fund, will focus on companies based or incubated in Waterloo that already have finished products, customer traction, revenue and support from angel investors, The Record reports.
1 min read · 03 December 2012
