Posts Tagged ‘iNovia’

First Published for Private Capital magazine 2013-05-20 Crowdfunding will likely be one of the top trending search words on Google this year – as well as within the Venture Capital Community. It’s somewhat easy to understand the buzz around crowdfunding when reading about crazy-successful campaigns such as the $10M raise by Canadian-founded Pebble Technology, the $8.5M […]

The last few weeks have certainly proven to be extremely promising for Canadian Tech Entrepreneurs. Almost $80M of equity financing has recently been secured from some of the top investors in the world to help build our next generation of massive tech companies. It’s even more exciting when you realize that these funds are going […]

The past year seems to have gone by ridiculously fast – actually, the past decade seems all but a flash! For all of us at iNovia, the last few years have been very rewarding. We have achieved many critical milestones, and yet seem to have set ourselves up with even more for the coming year. I […]

Oggifinogi, the leading provider of advanced rich media solutions, today announced that it has closed a Series A funding round of $2 million. The round was lead by Greycroft Partners, with participation from iNovia Capital, Contour Venture Partners, and several prominent individual investors. The company will use the funds to grow its national footprint of Real Time Rich Media (RTRM) products, designed for marketers who buy audience-based media through advertising exchanges, demand side platforms, agency trading desks, ad networks and branded publishers.

StatusNet Inc., the company behind the open source microblogging server, StatusNet™ has taken on additional investment led by New York-based FirstMark Capital joined by BOLDstart Ventures, iNovia Capital and Montreal Start Up. The round brings StatusNet’s total investment to date to $2.3 million. Founder of open source ad platform, OpenX, angel investor and FirstMark Capital venture partner Scott Switzer will join the StatusNet board.

As the Canadian Venture capital industry matures, we will witness higher returns, recurring entrepreneurs and an increase in local success stories. More high growth companies will not be obliged to be acquired by a foreign entity in order to provide exit opportunities to its stakeholders and with the recognition that this class of investment (venture capital), although considered high Risk, will prove to generate High Rewards. That should be enough to attract more Canadian pension funds, banks, insurance companies and private institutions, with allocations of a fraction of their capital towards Canadian venture capital funds.

We (iNovia Capital)  just now announced our most recent investment in a Calgary based Liquid Cooling technology company – CoolIT Systems.  This is yet another great example about what a great management can do when brought together under the right circumstances. I my mind, Management is the utmost critical success factor for any early stage […]