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Google To Launch Venture Fund (TechCrunch)
The WSJ is reporting that Google is set to launch a venture fund to give it the option of investing in startups instead of just flat out buying them. The fund will be led by Google?s SVP Corporate Development David Drummond and Bill Maris, a long time business friend of Anne Wojcicki, Sergey Brin?s wife. [...]
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Posted by R. Ouellette on 07/30
Nokia Plunks Another $150 Million Into Venture Fund (TechCrunch)
Nokia doesn?t want to miss the next wave of mobile technologies so it is doubling down on its venture investment activities. The cell phone giant is putting another $150 million to work in Nokia Growth Partners, a fund in which it is the only limited partner. This brings the total capital in [...]
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Posted by R. Ouellette on 07/30
Business is embracing web 2.0: McKinsey - SmartCompany.com.au
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Posted by R. Ouellette on 07/30
Cyrium Technologies Raises $15 Million Investment Round Led by the … - MarketWatch
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Posted by R. Ouellette on 07/30
The Hartford Introduces New Cyber Liability Insurance to Protect … - Earthtimes (press release)
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Posted by R. Ouellette on 07/30
ERA Carbon Offsets Ltd. (formerly Interim Capital Corp.) Completes … - FOXBusiness
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Posted by R. Ouellette on 07/30
myYearbook, Leading Teen Destination Website, Raises $13 Million … - MarketWatch
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Posted by R. Ouellette on 07/29
Survey: Venture Capital Returns Declined 7.6% in First Quarter - Digital Media Wire
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Posted by R. Ouellette on 07/29
H2scan Secures $4 Million in Series D Funding - MarketWatch
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Posted by R. Ouellette on 07/29
10 Canadian firms making Web 2.0 waves - The Industry Standard
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Posted by R. Ouellette on 07/29
BT buys telephony specialist Ribbit for £50m (Computing.co.uk)
Martin Courtney, Computing , Tuesday 29 July 2008 at 15:14:00 Software development start-up will help embed telephony features in Web 2.0 applications BT has acquired telephony software company Ribbit in a $105m (£53m) cash deal, pitting the telecoms giant against Apple's iPhone and Google's Android software development kits....
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Posted by R. Ouellette on 07/29
EM2 Conferencing Inc Launches Redmeeting.com Beta Site For Its … - MarketWatch
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Posted by R. Ouellette on 07/29
Government must step up to spark innovation - TheChronicleHerald.ca
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Posted by R. Ouellette on 07/29
Another hyped Web 2.0 startup bites the dust (e-Consultancy)
In February, online video startup Revver, which had raised just under $13m in venture capital funding, was sold for an amount reportedly in the "low single digit millions" . It had previously been shopping itself for a rumored $300,000 to $500,000.
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Posted by R. Ouellette on 07/28
Slowing economy worries state's venture investors - Seattle Times
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Posted by R. Ouellette on 07/28
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Local News
The Information Revolution: How blogging is making the newsroom a more open community.
The Town of Markham enthusiastically welcomes the new and unique National Research Council "National Institute of Convergent Technologies (NICT)" in the new Markham Centre. Find out how the tech geeks of Ottawa have fought back to attract venture capital and get off the unemployment rolls. Enterprise Toronto and Cyberbahn Inc. have teamed up to provide essential services to local start-ups. eBay watch out, the Toronto Star is on your tail. Torstar Corp. makes strategic investment in LiveDeal. Will angels get their wings? Go to the 19th Angel Forum in Vancouver Feb 27 to find out. Toronto's TUCOWS buys Critical Path's Data Centres in Denver and London. A legend in Canadian market research gets $3 million from Telus Ventures. How does a tech company raise capital in Ontario? It becomes an oil and gas company. Brightspark Capital's Mark Skapinker had some tough words for Ontario start-ups looking for investment.
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