Yaletown-backed Indicee acquired by Dun & Bradstreet
Indicee Inc has been bought by Dun & Bradstreet Corp (NYSE: DNB). The acquisition price was not disclosed. Founded in 2006, the Vancouver-based Indicee has developed a cloud-based platform that helps businesses of all types bring disparate data and intelligence together quickly and efficiently. Dun & Bradstreet said Indicee would form part of its Cloud Innovation Center and leverage new ways to deliver the company's proprietary data and analytics. The deal gives exits to Canadian venture capital firm Yaletown Venture Partners and U.S. firm Granite Ventures. Yaletown helped seed the company in 2008 and participated with Granite in Indicee's US$6 million Series A financing round in 2009.
30 April 2014•4 mins read
