CPPIB invests in data backup specialist Veeam Software
Veeam Software, a Baar, Switzerland-based provider of data management solutions for the public and private cloud, has secured a US$500 million investment. The investment was made by U.S. venture...
View ArticleVistara Capital invests in growth of VC-backed CoolIT Systems
CoolIT Systems, a Calgary-based liquid cooling technology company, has raised undisclosed debt financing from Vistara Capital Partners. Vistara invested through its third technology debt fund, Vistara...
View ArticleBold Commerce closes C$22 mln Series A with Whitecap, Round13
Bold Commerce, a Winnipeg-based developer of e-commerce software solutions, has raised C$22 million in a Series A financing. The investors were Canadian venture capital firms Whitecap Venture Partners...
View ArticleCanadian VC climbs to 18-year high in 2018 as top deals raise C$1.4 bln
Subscription RequiredCanada’s venture capital market broke records in 2018, its ninth straight year of growth. The milestones included the most financings sized C$100 million ($75 million) or more –...
View ArticleBDC Capital lends $2.5 mln to spa tech platform Book4Time
Book4Time, a Markham, Ontario-based cloud business management software platform for the spa and wellness industry, has raised a monthly-recurring-revenue loan of $2.5 million. The source of the loan...
View ArticleK1-owned PerfectServe acquires Telmediq
PerfectServe has acquired Telmediq, a Victoria, British Columbia-based secure communications platform for the healthcare sector. Terms weren’t released. Founded in 2012 by CEO Ben Moore, Telmediq has...
View ArticleCaisse de dépôt adds to investment in Metro SCG
Caisse de dépôt et placement du Québec has provided growth capital to Metro Supply Chain Group (Metro SCG), a Montréal-based provider of customized logistics services and supply chain solutions. No...
View ArticleAltas Partners sells NSC Minerals to PE-backed Kissner Group
The parent company of Kissner Group, a Kitchener, Ontario-based bulk, specialty packaged and evaporated salt producer, has acquired NSC Minerals Ltd, a Saskatoon-based provider of salt and calcium...
View ArticleCryopreservation startup Acorn Biolabs seeded with $3.3 mln
Toronto-based biotechnology startup Acorn Biolabs has raised $3.3 million in a seed-stage financing. The round was backed by Canadian investors Real Ventures, Globalive Technology, Pool Global Partners...
View ArticleYaletown Partners brings on Michael Sfalcin as principal
Canadian private equity firm Yaletown Partners has hired Michael Sfalcin as a principal. Sfalcin will be based in Yaletown’s Toronto office, helping the firm identify and create new investment...
View ArticleCanopy Rivers taps Narbe Alexandrian as president
Canopy Rivers, the venture capital arm of Canopy Growth Corp, has appointed Narbe Alexandrian as president, effective immediately. Alexandrian will lead corporate development initiatives and manage the...
View ArticleBrookfield acquires student housing property Ecla Paris
Harrison Street Real Estate Capital has sold Ecla Paris, a French student accommodation property, to Canadian alternative asset manager Brookfield Asset Management. No financial terms were disclosed....
View ArticleAvrio Capital, ACG invest in launch of Way Better Brands
Avrio Capital, a Canadian food and agriculture technology investor, and Alliance Consumer Growth, a U.S. consumer and retail growth equity firm, have invested in the launch of healthy snack food...
View ArticleCanadian VC climbs to 18-year high in 2018 as top deals raise $1.4 bln
Canada’s venture capital market broke records in 2018, its ninth straight year of growth. The milestones included the most financings sized $100 million or more – ever. Eight such megarounds closed...
View ArticleVenture-backed Hootsuite abandons sales process: report
Hootsuite has abandoned a process that could have led to its sale, according to a report by the Globe and Mail. Hootsuite, a Vancouver-based social media management platform, ended the process after...
View ArticleLabour shortage to impede SME investing in 2019: BDC
Canadian small and mid-sized enterprises (SMEs) expect their investing in 2019 will be curbed by a shortage of qualified labour, according to a survey by the Business Development Bank of Canada (BDC)....
View ArticlePortag3 Ventures hires CNP’s Hélène Falchier as partner
Canadian venture capital firm Portag3 Ventures has hired Hélène Falchier as a partner. Based in Paris, Falchier will focus on sourcing and leading the firm’s investment opportunities in Europe....
View ArticleOnline financial planner Planswell raises additional $4 mln
Planswell, a Toronto-based financial planning platform, has secured an additional $4 million in financing, bringing total funding so far to $17.8 million. The investors were not identified. Planswell...
View ArticleVenture-backed 360insights acquires MTC Performance
360insights has acquired MTC Performance, a Schaumburg, Illinois-based provider of sales incentive management solutions. Terms weren’t disclosed. 360insights said the deal adds capabilities to its...
View ArticleNRStor C&I secures more financing from Fengate-LiUNA
Fengate Asset Management, on behalf of Labourers’ Pension Fund of Central and Eastern Canada (LiUNA), has provided follow-on financing to NRStor C&I, a Toronto-based developer of behind-the-meter...
View Article