Version One Ventures Closes First Fund at $19M
Canadian venture capital firm Version One Ventures has closed its first micro-fund, raising C$19 million, or about 25% more than the partnership's target. The fund's backers include BDC Venture Capital, former Yahoo President Jeff Mallett and a number of North American entrepreneurs and high-net worth individuals. Founded in 2012, Version One, which invests up to $500,000 in seed and Series A financings of Internet, e-commerce, SaaS and mobile companies, has done close to a dozen deals so far, including recently announced financings of GroupTalent Inc. and Jobber Inc.
24 February 2013•4 mins read
