AirVM fetches $8 mln Series A

Canadian cloud management platform company AirVM has secured $8 million in Series A funding. RHO Canada Ventures led the round with participation from Build Ventures and return backer Wesley Clover.


Healthcare startup Figure 1 bags $4 mln Series A

Figure 1 said Wednesday that it has secured $4 million in Series A funding. Union Square Ventures led the round with participation from Version One Ventures and Rho Canada Ventures. Based in Toronto, Figure 1 is a medical photo-sharing platform.

Ontario Venture Capital Fund Commits $70 million to Three Funds

Ontario Venture Capital Fund (OVCF) has committed $70 million to three Ontario-focused VC funds: Lumira Capital II, Celtic House Venture Partners IV and Rho Canada Ventures II. PRESS RELEASE: Ontario Venture Capital Fund (OVCF) today announced it has recently made commitments totalling $70 million to three leading Ontario-focused venture capital funds: Lumira Capital II, Celtic House […]

Toronto’s Extreme Startups Becomes Latest New Accelerator

Canadian investors Extreme Venture Partners, OMERS Ventures, Rho Canada Ventures, BlackBerry Partners Fund and BDC have co-invested $7 million in a new accelerator program called Extreme Startups. Companies in the program will receive up to $200,000, including an initial investment of $50,000, with up to $150,000 in a convertible note provided by BDC. PRESS RELEASE […]

Eightfold Logic Launches InboundWriter, Adds $2M

Eightfold Logic launched its cloud-based social writing application, InboundWriter, Monday and announced a $2 million infusion of venture capital. The Series C funding came from existing investors including Rho Canada Ventures, Castile Ventures, Formative Ventures, and The Entrepreneurs’ Fund III. This round brings the total raised to nearly $20 million.

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