Canada

Mitre Media Buys MunicipalBonds.com

Mitre Media, which is backed by iNovia Capital, has acquired MunicipalBonds.com and BondFunds.com. Financial terms were not announced. MunicipalBonds.com provides municipal bond market data and pricing information for individual investors and financial advisors.

InboundWriter Adds $2.5M

InboundWriter, maker of an online content optimization system for writers, has raised $2.5 million in new funding and named Skip Besthoff as its chief executive officer. The company is backed by Castile Ventures, Rho Canada Ventures, Formative Ventures, The Entrepreneurs' Fund III, and Crosslink Capital. Besthoff takes the top post after being a long-time board member and investor in the company through Castile Ventures.

New Angel Fund Gets $10M From Alberta Enterprise

A new angel co-investment fund, Accelerate Fund LP, has received a $10 million commitment from Alberta Enterprise Corp., a government-capitalized LP. The fund, which will invest in startups and other early-stage companies, will be managed by the Calgary-based venture capital firm AVAC.

D-Wave Systems Completes $30m Equity Raise

British Columbia Discovery Fund has invested $2.0 million in Vancouver-based D-Wave Systems, completing a $30 million round of equity funding for the company. Bezos Expeditions and In-Q-Tel also joined the investment round.

Deloitte Announces 2012 Canadian Technology Fast 50, 62% VC-Backed

Deloitte today announced the 50 fastest growing technology firms in Canada in 2012. Thomson Reuters' data show 64% of the Deloitte Fast 50 are currently financed by venture capital, or have been financed by venture capital in the past. These include the top three firms - Avigilon Corp., Ecosynthetix Inc. and Real Matters Inc., which showed revenue growth of 29,917%, 25,327% and 8,961%, respectively.

Canadian Buyout and Venture Deal-Making Steady in Q3

In the first nine months of 2012, the Canadian buyout and private equity market sustained a robust pace of activity, with deal volume showing year-over-year growth, while levels of Canadian venture capital investment came in virtually identical to the prior year. These were among the findings of statistics released today by CVCA - Canada’s Venture Capital & Private Equity Association and research partner Thomson Reuters.

Québec Venture Capital Investment Stronger in Q3

Réseau Capital, the venture capital and private equity association for the province of Québec, today released the Q3 2012 results of the province's investment activity. Investment activity totaled $112 million, led by the US$35 million investment in Thrasos Innovation Inc..

TIM Group Raises US$2.4 Million from Wellington Financial

Wellington Financial Announces a US$2.4 MM investment in Boston-based TIM Group, a software developer for the financial services industry.

Vancouver Wireless Services Firm Aegis Mobility Closes $5M

Aegis Mobility has closed its final tranche of a $5M equity financing. The financing was led by the West Michigan and Chicago Angel Groups, the company said. The Vancouver, British Columbia-based Aegis, which was launched in 2007 with the help of Ventures West Management, makes software for mobile phones to prevent distracted driving.

Ideon Media Acquires Canada's Top Social Network for Young Adults

Toronto's Ideon Media has acquired venture capital-backed Nexopia.com of Edmonton, Alberta, the leading social network for young adults in Canada, with over 200,000 active members. The financial terms of the deal were not disclosed.