Category Archives: Venture Capital

Snapshot of a VC Deal: Influitive Raises $7.3-Million

Who: Influitive, whose AdvocateHub helps companies embrace and activate brand advocates. How much: $7.3-million from Hummer Winblad Venture Partners and Relay Ventures, along with investors from a $3.75-million financing that Influitive did earlier this year. The Quote: “This new investment will … Continue reading

Snapshot of a VC Deal: Canopy Labs Raises $1.5M

Who: Canopy Labs, which offers a platform that lets businesses easily analyze customer data to gain more insight into their customers’ product interests, spending habits and more. Canopy’s customers include the Toronto Argos, WagJag and the Canadian Opera Company. How much: … Continue reading

Snapshot of VC Deal: Clarity

Who: Clarity, which offering a service that lets entrepreneurs arrange calls with startup experts and VCs. People who offer advice can charge a fee, do so for free, or donate their fees to charity. How much: $1.6-million in seed capital … Continue reading

Snapshot of a VC Deal: LeadSift

Who: Halifax-based LeadSift, which analyzes social media data in real-time to create qualified and targeted sales leads. The service will launch soon. How much: $500,000 from OMERS Ventures for product development, sales, marketing and hiring. The quote: “There’s a vast amount … Continue reading

Snapshot of a VC Deal: Vena Solutions

Who: Toronto-based Vena Solutions, which offers enterprises a “spreadsheet process management” solution. How much: $3-million from an investment group that includes Klass Capital. The Quote: “We’re pleased that we were able to attract such high quality institutional funding at this stage … Continue reading

Mark McQueen on Beyond the Rack & Canadian Startups

If there’s reason to be encouraged about the Canadian startup landscape, it is the growing number of large venture deals that have happened in recent months by companies such as HootSuite, Top Hat Monocle, BuildDirect and WattPad. The latest company … Continue reading