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

The venture capital marriage - SmartCompany.com.au

The venture capital marriage
SmartCompany.com.au, Australia - 12 hours ago
Venture capital is early stage funding for potentially high growth businesses, which is typically unsecured in favour of an equity position in the business. ...
[email this story] Posted by the editor on 05/28
Citigroup Plans To Shutter Citi Venture Capital Unit - CNNMoney.com

Citigroup Plans To Shutter Citi Venture Capital Unit
CNNMoney.com - 13 hours ago
Citigroup has parted ways with all but one of the eight investment professionals of Citi Venture Capital, with only the team's original head, ...
[email this story] Posted by the editor on 05/28
VC pipeline still flowing to local tech firms - Crain’s New York Business

VC pipeline still flowing to local tech firms
Crain's New York Business, NY - 17 hours ago
Online advertising firm [x+1] raised $16 million in venture capital funding, while DataArt, which develops custom software, said it raised $4 million in ...
[email this story] Posted by the editor on 05/28
Searching for the Killer iPhone App (E-Commerce Times)
Apple won't crank up the hype machine about all the new things an iPhone can do until its Worldwide Developers Conference on June 9, but here's a small taste of what's in store: finding things to do in the neighborhood when you're at a loss. That's the idea behind Pelago, the first company funded by Kleiner Perkins Caufield & Byers as part of the $100 million iFund.
[email this story] Posted by the editor on 05/28
Number one for venture capital advice - Get Bracknell

Number one for venture capital advice
Get Bracknell, UK - May 28, 2008
Greg Leyshon, who works for law firm Osborne Clarke, has been named number one in the UK for advising clients in the competitive venture capital sector. ...
[email this story] Posted by the editor on 05/28
Canada embarks on major Web 2.0 initiative - ITBusiness.ca

ITBusiness.ca

Canada embarks on major Web 2.0 initiative
ITBusiness.ca, Canada - 3 hours ago
"This definitely signals a long term commitment on the part of the government to move forward on Web 2.0," according to Michelle Warren, ...
Canadian Federal Government Renews Contract With Open Text to ... FOXBusiness
Open Text strikes Web 2.0 deal with Ottawa ReportonBusiness.com
Open Text retains contract with Ottawa Waterloo Record
Brandon Sun - RTT News
all 18 news articles
[email this story] Posted by the editor on 05/28
Ottawa kicks off spectrum auction - Globe and Mail
[email this story] Posted by the editor on 05/27
$10 million in VC funds for Ontela - Seattle Post Intelligencer

$10 million in VC funds for Ontela
Seattle Post Intelligencer - 5 hours ago
The $10 million round was led by Steamboat Ventures, the venture capital arm of The Walt Disney Co. Existing investors, including Oak Investment Partners ...
Ontela Completes Successful Series B Investment Round Business Wire (press release)
all 10 news articles
[email this story] Posted by the editor on 05/27
Tribute Resources Inc. Announces Filing of 1st Quarter Information - FOXBusiness

Tribute Resources Inc. Announces Filing of 1st Quarter Information
FOXBusiness - 7 hours ago
London, Ontario CANADA, May 27, 2008 (Filing Services Canada via COMTEX) ---- Tribute Resources Inc. (TRB - TSX Venture), ("Tribute") today filed its ...
[email this story] Posted by the editor on 05/27
Venture capital seeks the right pitch 2:14pm 28.05.08 - Dynamic Business

Venture capital seeks the right pitch 2:14pm 28.05.08
Dynamic Business, Australia - 8 hours ago
Entrepreneurs from NSW are encouraged to apply for NSW Pitch ?08, a joint initiative by the Australian Small Scale Offerings Board Limited (ASSOB) and the ...
[email this story] Posted by the editor on 05/27
Canadian government renews seven-year maintenance contract with … - Brandon Sun

Canadian government renews seven-year maintenance contract with ...
Brandon Sun,  Canada - 27 May 2008
WATERLOO, Ont. - Canada's federal government has renewed its software maintenance contract with Open Text Corp. of Waterloo, Ont., (TSX:OTC), ...
[email this story] Posted by the editor on 05/27
Impath Networks Canada Corporation Announces Venture Financing - TechFinance

Impath Networks Canada Corporation Announces Venture Financing
TechFinance, Canada - 27 May 2008
"NSBI Venture Capital is all about helping businesses in Nova Scotia reach their next level of growth, and we help leverage additional investment," said ...
Local tech firm heads east Canoe.ca
all 2 news articles
[email this story] Posted by the editor on 05/27
Approva CEO Selected to Present at MAVA?s Capital Connection 2008 - PR Web (press release)

Approva CEO Selected to Present at MAVA?s Capital Connection 2008
PR Web (press release), WA - 18 hours ago
Membership includes more than 500 venture capital professionals representing nearly 125 firms with collectively more than $90 billion in capital under ...
[email this story] Posted by the editor on 05/27
Web 2.0 companies aren’t making money, say investors (Tech Digest via Yahoo! UK & Ireland News)
A large number of Web 2.0 companies aren't making any money, or at least no revenue, despite being popular, according to entrepreneurs and financiers in the know.
[email this story] Posted by the editor on 05/27
Canadian Federal Government Renews Contract With Open Text to … - FOXBusiness
[email this story] Posted by the editor on 05/27
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Local News
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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