Gagglescape tracks the flow of venture capital and angel investment in a global economy.

Mobile solutions company Airclic bought for $29.7M - Philadelphia Business Journal

Philadelphia Business Journal

Mobile solutions company Airclic bought for $29.7M
Philadelphia Business Journal
Last week, Canada-based SaaS solutions company Descartes Systems Group announced that it acquired Trevose, Pa-based Airclic, a cloud-based mobile solutions company. Airclic was founded in 1999, and has a history of pivoting its product. It originally ...

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[email this story] Posted by Robert Ouellette on 11/25
Obama Fail Opens Door for Massive Startup Opportunity in Canada – If We Act … - Techvibes (blog)

Techvibes (blog)

Obama Fail Opens Door for Massive Startup Opportunity in Canada – If We Act ...
Techvibes (blog)
In Canada, the government has said it will issue a maximum of 2,750 visas every year during the five-year pilot program, which is limited to entrepreneurs who already have the backing of a venture capital firm in Canada. Eventually the US will figure ...

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[email this story] Posted by Robert Ouellette on 11/25
Nations thrive by uniting professors and entrepreneurs - Financial Times

Nations thrive by uniting professors and entrepreneurs
Financial Times
Since 2001, Britain claims more scientific Nobel laureates than Italy, Holland, Spain, Sweden, Finland, South Korea, Switzerland, Ireland, India, Belgium, Taiwan, Denmark, Canada and Austria combined. But we do not fully exploit this academic prowess ...

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[email this story] Posted by Robert Ouellette on 11/25
Morning Agenda: Misdirected Ire at Treasury Nominee - New York Times

Morning Agenda: Misdirected Ire at Treasury Nominee
New York Times
She said she was furious that the nominee was someone from Wall Street and suggested that Mr. Weiss's work as an adviser on Burger King's merger with Tim Hortons, which will result in a combined company based in Canada, should disqualify the him ...

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[email this story] Posted by Robert Ouellette on 11/25
“500 Million Dollar Man” In Vancouver Tonight To Help Local Internet … - Vancity Buzz

“500 Million Dollar Man” In Vancouver Tonight To Help Local Internet ...
Vancity Buzz
But the Pakistan-born businessman who grew up in Ottawa and now splits his time between Canada, the US, Pakistan, and Dubai isn't interested in talking about his own success. Because for the past couple of years, ... In 2015, Mirza's planning to launch ...

[email this story] Posted by Robert Ouellette on 11/24
Bed-in-a-box retailer goes to the mattresses against new online competition - Edmonton Journal

Edmonton Journal

Bed-in-a-box retailer goes to the mattresses against new online competition
Edmonton Journal
Casper launched in the United States in April and has raised $15 million US in venture capital from institutional and celebrity investors, including Ashton Kutcher and Canadian basketballer Steve Nash. “We had planned on expanding internationally in ...

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[email this story] Posted by Robert Ouellette on 11/24
Bed-in-a-box retailer goes to the mattresses against new online competition - Edmonton Journal

Edmonton Journal

Bed-in-a-box retailer goes to the mattresses against new online competition
Edmonton Journal
Casper launched in the United States in April and has raised $15 million US in venture capital from institutional and celebrity investors, including Ashton Kutcher and Canadian basketballer Steve Nash. “We had planned on expanding internationally in ...

and more »
[email this story] Posted by Robert Ouellette on 11/24
Chronogolf Raises Seed Round to Disrupt Golf Industry with Tech - Techvibes (blog)

Chronogolf Raises Seed Round to Disrupt Golf Industry with Tech
Techvibes (blog)
The Montreal-based startup actually raised the round over the summer, but now we've learned the value of the transaction: $1.2 million. We also learned that Canadian venture capital firm iNovia Capital led the financing. Chronogolf, founded in 2012 ...

[email this story] Posted by Robert Ouellette on 11/24
Montreal Ecosystem Continues to Blossom as Creative Hub Draws Outside … - Techvibes (blog)

Techvibes (blog)

Montreal Ecosystem Continues to Blossom as Creative Hub Draws Outside ...
Techvibes (blog)
The Notman House has been given the distinction of being one of Google's startup network, and the support that comes with it, only the second startup hub in Canada after Communitech to gain access to this prestigious network. A startup directory for ...

[email this story] Posted by Robert Ouellette on 11/24
Merck buys rights to an experimental Ebola vaccine - Fortune

Merck buys rights to an experimental Ebola vaccine
Fortune
... would be able to speed up and significantly boost production of the product. The Public Health Agency of Canada, which originally developed the rVSV-EBOV vaccine, will retain non-commercial rights. A NewLink subsidiary bought the commercial rights ...

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[email this story] Posted by Robert Ouellette on 11/24
Striving for the Canadian dream - Toronto Star

Toronto Star

Striving for the Canadian dream
Toronto Star
Mukund Chopra is a seasoned entrepreneur (he was a city CEO for Groupon in the U.S and is currently principal at Chopra Ventures, his own venture capital group) and an instructor of a continuing education entrepreneurship course at George Brown ...

[email this story] Posted by Robert Ouellette on 11/23
Meet the best poker players in Silicon Valley - VentureBeat

VentureBeat

Meet the best poker players in Silicon Valley
VentureBeat
Every month, some of Silicon Valley's biggest power players meet at the Palo Alto home of Chamath Palihapitiya, an early Facebook executive who now runs his own venture capital firm Social+Capital. The guest list reads like a who's who of Silicon ...

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[email this story] Posted by Robert Ouellette on 11/22
Lavasoft CEO Lists 5 Montreal Startups to Watch - Tech Cocktail

Tech Cocktail

Lavasoft CEO Lists 5 Montreal Startups to Watch
Tech Cocktail
And venture capital funds in Canada are growing quickly to support these booming startups. In 2013, a total of $588 million was invested in Québec's venture capital market, up 46 percent from 2012 and the highest amount since 2007. We chose Montreal as ...

[email this story] Posted by Robert Ouellette on 11/22
In the Williamsburg That Vice Helped Build, Sudden Barbs From Bands and Fans - AdAge.com

In the Williamsburg That Vice Helped Build, Sudden Barbs From Bands and Fans
AdAge.com
Both are closing. Some took the changes as a sign that Vice, which has grown from a Montreal magazine into a Brooklyn-based multimedia company backed by Silicon Valley venture capital and Rupert Murdoch, has changed as well, somehow dislodging itself ...

[email this story] Posted by Robert Ouellette on 11/21
The Morning Risk Report: Golf and Governance – Handicapping CEOs - Wall Street Journal (blog)

The Morning Risk Report: Golf and Governance – Handicapping CEOs
Wall Street Journal (blog)
Pension fund managers from the Netherlands to Canada, searching for new ways to invest, lambasted private-equity executives at a conference in Paris this week for charging excessive fees, the WSJ reports. Ruulke Bagijn, chief investment officer for ...

[email this story] Posted by Robert Ouellette on 11/21
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The Canadian-born, U.S.-headquartered MDC Partners has acquired a majority stake in Capital C and Kenna, two Toronto-area agencies.

GigPark announced on August 24th, that they had been purchased by the Yellow Pages. Hey Noah, congratulations to you and the team there.

The Ontario government is doing something truly unique and laudable says John Albright of JLA Ventures. Last week Ontario's Ministry of Research and Innovation announced a new $205-million fund to help stimulate the province's early-stage ventures.

According to a University of Laval Professor, Canada's Labour Sponsor Funds kill innovation rather than create it. Read the press release here.

MediaScrape lands new venture round of $3.2 million. Chris Dingle has been appointed President and Chief Technology Officer. Mr. Dingle was the founding CTO of 24/7 Real Media which sold recently to WPP for $637 million.

University Technologies International (UTI) - IGNITE - announces the closing of two first-round financings for two IGNITE companies, Profero Energy Inc. and Circle Cardiovascular Imaging Inc.

Kleer Inc. based in California but with a plant in Ottawa landed a $28 million round for its wireless audio product development.

The Ottawa Citizen ran this story a few days ago. We've been saying this for years now. When will the public sector make it easier for investment in the province's tech sector?

Rick Nathan of the Canadian Venture Capital Association has an optimistic view of the current credit crunch.

MSBi Capital announces the addition of two new partners François Gauvin and John Elton.

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