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by asormani

Canopy Labs Raises $1.5m

Posted on: December 13, 2012 by asormaniNo Comments »

Canopy Labs has closed a $1.5 million investment led by the BDC Venture Capital IT Fund with participation by Peter Thiel’s Valar Ventures and a number of angel investors. A recent graduate of the Y Combinator program, the company will use the funds to scale operations and launch new analytics products. Based in Toronto, Canopy Labs provides tools and customer models to mid-sized customer-facing businesses wanting to understand their customer feedback.

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by cnolan

Peter Thiel Backs New Zealand-based Xero

Posted on: October 27, 2010 by cnolanNo Comments »

Venture investor and PayPal co-founder Peter Thiel has invested NZ$4 million ($2.98 million) in New Zealand-based Xero Limited. Xero, which provides online accounting software, will use the financing to expand into the U.S. market. The investment will be the first made through Valar Ventures, Thiel’s New Zealand investment firm.

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