Home Archive for category "Technology"

DealNet Capital Corp acquires Wellington Fund III portfolio company Impact Mobile

Congrats to Gary Schwartz and John Leon and the entire team at Impact Mobile as their sale to Dealnet was officially announced today. Here is a copy of the press release: TORONTO, ONTARIO–(Marketwired – June 6, 2014) – DealNet Capital Corp. (the “Company” or “DealNet”) (CSE:DLS)(PINKSHEETS:GAIMF) is pleased to announce that it has entered into

 
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Salsa Labs raises $5,000,000 to support growth plans

One of our Fund IV portfolio companies, Salsa Labs, had some great news today. Here is a copy of the Edison Ventures press release on their additional investment into Salsa. LAWRENCEVILLE, NJ, May 29, 2014 – Edison Ventures announced it led a $5 million follow-on investment in Salsa Labs, Inc. (Salsa), alongside Maryland Venture Fund

 
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Good Technology to acquire Toronto’s FixMo

The details are few at this point, but Good Technologies has just provided a hint via their S-1 filing that they’ve entered into an agreement to acquire Toronto-based FixMo. You may recall that FixMo was one of the rare Canadian start-ups to attract serious capital from Kleiner Perkins (see prior post “Fixmo lands US$23.4M from

 
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New $40M equity round for Real Matters sets stage for big things

There aren’t many Canadian entrepreneurs who are trying to build a billion dollar company. Fewer still, I’d argue, who will state that goal publicly. Jason Smith, the CEO of Real Matters, is one of those people. With this morning’s announcement of a new $40 million equity raise, he’s one step closer to reaching his goal.

 
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Congrats to our Deloitte Fast 50 / Fast 500 winners

One of our team’s key business pleasures is the ringside seat we have as entrepreneurs realize on their dreams. Although there are plenty of ways to define success as a funder of innovation companies, I always get a charge out of the annual Deloitte Fast 50 and Fast 500 rankings. This year’s lists are out,

 
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