Ottawa-based BTI Systems, Inc. raised US$8.5 million from existing investor Bain Capital Ventures, according to a report by Ottawa Business Journal. BTI Systems, which delivers solutions that empower service and content providers to capitalize on the increasing demand for bandwidth driven by game-changing and long-term trends in mobility, internet video and cloud services, has been backed by Canadian and US venture capital funds since 2000. Its last round of financing, totaling US$23 million, was completed in January, 2012.
Further information about BTI Systems can be found on its website.
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