Crowdbase Secures Seed Funding

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.

Cloud Service Marketplace AppDirect Raises $8.5M

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 […]

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

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 […]

iNovia Capital Adds David Nault as EIR

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 […]

TiqIQ Announced Series A Round

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 […]

Beyond the Rack Racks up $36M Equity Round

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.

TagMan Seals $5M from Greycroft, iNovia

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.

Empire Avenue Raises $1.2M

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.

Fixo Secures $6.5 Mln Investment Led by Panorama

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.

Fixmo Closes $6.5M Series B

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.

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

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.

Chango Closes on $4.25M Series B

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.

TagMan Gets Funding from Greycroft, iNovia

TagMan, the tag management system for enterprise e-commerce, has secured $2.25 million in a Series A round of fundraising that included Greycroft Partners and iNovia Capital, as well as additional angel investors. The company’s initial angel round reeled in $2.1 million from investors including Cambridge Angels and the London Business School E100. Seth Brody, from Greycroft, Shaun Gregory, of 02, and John Taysom, of Cambridge Angels, will be represented on the company’s board; Gregory will also become chairman.

From the Filings…

Guilford, Conn.-based online advertising start-up uKnow has raised roughly half of a planned $1 million funding round, according to a filing with the SEC. Angel investor Geoff Judge, who is also a partner with iNovia Capital, is listed among the company’s directors. Pittsburgh-based Neograft has raised $3 million according to an SEC filing. Neograft develops […]

iNovia Capital Adds Two to Ranks of Venture Team

The Montreal-based early-stage venture firm iNovia Capital has brought aboard two new team members: longtime media exec Geoff Judge, formerly a venture partner with the firm, has been named partner. Meanwhile, a principal, Kevin Swan, has also joined. PRESS RELEASE: Montreal, October 25, 2010 – iNovia Capital, an early stage venture capital fund manager focused […]

Woozworld Raises $3 Million

Woozworld, operator of a virtual world for tweens, has raised $3 million in Series A funding. iNovia Capital and ID Capital co-led the round, which spins Woozworld out of former parent company Tribal Nova.

Fixmo Raises New VC Funding

Fixmo Inc., a Toronto-based mobile software utility startup, has raised an undisclosed amount of new VC funding from iNovia Capital. It previously announced C$2 million from Rho Ventures Canada and Extreme Venture Partners.

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