WorkFusion snags $15 mln Series B funds

By Iris Dorbian — 2 years ago

WorkFusion, formerly known as CrowdComputing Systems, said Tuesday that it has received $15 million in Series B funding. Mohr Davidow Ventures led the round with participation from previous backers Greycroft Partners, iNovia Capital and RTP Ventures. In conjunction with the funding, Katherine Barr, a general partner at Mohr Davidow Ventures, will join the company’s board of directors. Headquartered in New York City, WorkFusion is a crowd computing platform.

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AppDirect snags $35 mln Series C funds

By Iris Dorbian — 2 years ago

AppDirect said Thursday that it has closed $35 million in Series C funding. New backer Mithril Capital Management led the round with participation from previous investors that include iNovia Capital and Foundry Group. In addition to the funding, Ajay Royan of Mithril has been added to AppDirect’s board of directors. Based in San Francisco, AppDirect is a cloud service marketplace.

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Intel completes VC-backed Basis Science acquisition

By Iris Dorbian — 2 years ago

Intel has closed its buy of Basis Science. No financial terms were disclosed. Headquartered in San Francisco, Basis is a wearable device tech company that focuses on health and wellness. Its backers included Norwest Venture Partners, Doll Capital Management, iNovia Capital, Peninsula Ventures and Mayfield Fund.

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BASIS Science secures further Series B funds

By Angela Sormani — 2 years ago

BASIS Science has raised a further $11.75 million in Series B funding. The round included investments from Intel Capital, iNovia Capital, Dolby Family Trust, Stanford University and Peninsula-KCG. Existing investors Mayfield Fund, DCM and Norwest Venture Partners, also participated. This new investment represents the close of the Basis Series B financing, which now totals over $23 million.

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Crowdbase Secures Seed Funding

By Angela Sormani — 3 years ago

Canadian start-up Crowdbase has secured $650,000 in seed financing from Real Ventures, iNovia Capital, and Martin-Luc Archambault (Bolidea) to accelerate product development and expand its team. Crowdbase allows teams to share questions, answers, notes, and Web links in a private social network.

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Cloud Service Marketplace AppDirect Raises $8.5M

By Alastair Goldfisher — 4 years ago

San Francisco-based AppDirect, which helps users manage their cloud-based software and services, has raised $8.5 million in Series A funding from existing investors iNovia Capital and Stingray Digital. The firms invested $3.25 million in seed stage funding in May 2011, bringing the company’s total capital raised to $11.75 million. AppDirect says it will use the latest […]

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Education Startup Top Hat Monocle Scores $8M in Series A Funding

By Alastair Goldfisher — 4 years ago

Top Hat Monocle has raised $8 million in Series A funding in a round led by Emergence Capital Partners and iNovia Capital, along with SoftTech VC, Version One Ventures (the new fund of Boris Wertz) and Golden Venture Partners. The Toronto-based education company, which has an office in San Francisco, raised $1.5 million in seed stage […]

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iNovia Capital Adds David Nault as EIR

By Staff Report — 4 years ago

Early stage venture investor iNovia Capital has added David Lault as an entrepreneur in residence. Nault will be in charge of evaluating Quebec originated investment opportunities and help support iNovia’s existing portfolio of companies. Prior to joining iNovia, David served in various posts at VIPswitch, Callio Technologies and Pivotal Payment. PRESS RELEASE iNovia Capital, an […]

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TiqIQ Announced Series A Round

By Staff Report — 4 years ago

Ticket aggregation company TiqIQ announced that it had closed an undisclosed amount of Series A financing led by Contour Venture Partners, with participation from iNovia Capital and numerous angels. According to regulatory filings, the Series A came in at roughly $1.7 million. PRESS RELEASE TiqIQ, the leading ticket aggregator, today announced that it has closed […]

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Beyond the Rack Racks up $36M Equity Round

By Jonathan Marino — 4 years ago

Canadian e-tailer Beyond the Rack reeled in $36 million in VC bucks from investors Panorama Capital, the California VC that read the round, and other investors Export Development Canada, Tandem Expansion Fund, Rho Canada, Inovia Capital, Highland Capital Partners and BDC Capital. Shahan Soghikian, a MD with Panorama Capital, will join Beyond the Rack’s board.

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TagMan Seals $5M from Greycroft, iNovia

4 years ago

TagMan, maker of a tag management system, has sealed $5 million in a second round of venture capital, bringing the total raised to $10 million. Greycroft Partners and iNovia Capital led the Series B round. The company closed a $2.3 million Series A round in January.

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Empire Avenue Raises $1.2M

By PEHub Administrator — 4 years ago

Empire Avenue, the Canadian stock market simulation social network, has raised $1.2 million from investors including Crosslink Capital and iNovia Capital. Kevin Swan, Principal at iNovia Capital, and Eric Chin, Partner at Crosslink, worked on the transaction. Specifics were not publicized.

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Fixo Secures $6.5 Mln Investment Led by Panorama

By Luisa Beltran — 5 years ago

Panorama Capital has led a $6.5 million Series B investment in Fixo, a Toronto provider of infrastructure management services for mobile devices. Existing investors Rho Ventures Canada, iNovia Capital, Extreme Venture Partners and management also participated in the round. Panorama, of Menlo Park, Calif, is a VC firm.

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Fixmo Closes $6.5M Series B

5 years ago

Fixmo Inc., a provider of secure, end-to-end infrastructure management technology for mobile devices, has raised $6.5 million in Series B financing. Panorama Capital, a new investor in the company, led the round. Existing investors Rho Ventures Canada, iNovia Capital, Extreme Venture Partners also participated. Fixmo is based in Toronto.

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Investors Launch Vancouver-based “Start-up Boot Camp”

5 years ago

Venture investors iNovia Capital, the Business Development Bank of Canada and BlackBerry Partners Fund have teamed up to launch a Vancouver-based accelerator program called GrowLab, the firms announced Thursday. Dubbed a “start-up boot camp” for entrepreneurs, participating companies can seal up to $25,000 in seed financing, four months of mentorship, free office space and the opportunity to pitch investors at the end of the program for follow-on funding.

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Chango Closes on $4.25M Series B

5 years ago

Toronto-based search marketing startup Chango has raised $4.25 million in Series B financing. Rho Canada, a division of NY-based Rho Capital Partners, led the round, which included participation from iNovia Capital, Metamorphic Ventures, Extreme Venture Partners and 24/7 Media co-founder Geoff Judge. As a result of the funding, Rho Canada’s Roger Chabra will join the Chango board.

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