MONTREAL, QC / Sep 7, 2021 – A leading Canadian e-commerce platform, ShopperPlus, successfully raised C$17 million to fuel its growth. Both Celtic House Asia Partners and the Canadian Business Growth Fund ("CBGF") led the financing, with participation from Celtic House Venture Partners and National Bank SME Growth Fund L.P.. In addition, two noteworthy angel investors joined the round: the co-founder of Wish's e-commerce shopping app, Danny Zhang, and the Managing Director of Sequoia China, Kevin Pan.
Read MoreBOGOTA, CO / Jul 29, 2021 - Merqueo, which operates a full-stack, on-demand delivery service in Latin America, has landed $50 million in a Series C round of funding. IDC Ventures, Digital Bridge and IDB Invest co-led the round, which also included participation from MGM Innova Group, Celtic House Venture Partners, Palm Drive Capital and previous shareholders. The financing brings the Bogota, Colombia-based startup’s total raised to $85 million since its 2017 inception. Merqueo CEO and co-founder Miguel McAllister knows a thing or two about the delivery space in Latin America, having also co-founded Domicilios.com, a Latin American food delivery company that was bought by Berlin-based Delivery Hero and later merged with Brazil’s iFood.
Read MoreWATERLOO, ON / Jul 15, 2021 - Auvik, an award-winning provider of cloud-based network management software, today announced that it has secured a US$250 million investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive businesses. The investment is expected to accelerate Auvik’s mission by funding product development, segment expansion, geographic reach, and other strategic growth initiatives. Marc Morin, CEO of Auvik Networks, “By partnering with Great Hill Partners, a growth investor with deep domain experience and expertise, and our continuing investor Celtic House Venture Partners, we are confident that we will be able to accelerate our impact and bring reliable IT solutions to IT professionals everywhere.”
Read MoreOTTAWA, ON / Jul 13, 2021 - Ottawa-based e-commerce startup Canvaspop has been acquired by Colorado’s Circle Graphics for an undisclosed amount. Canvaspop declined to reveal the financial terms of the deal, but told BetaKit the final outcome was “very well received” by the startup’s institutional and angel investors and board of directors, which include Celtic House Venture Partners and Shopify CEO and co-founder Tobi Lütke.
Read MoreLONDON, UK / Oct 21, 2020 – Finastra, via its Canadian mortgage business Filogix, has acquired Doorr, a provider of cloud-based point-of-sale mortgage application software used by brokers to improve the mortgage experience. The deal is part of Finastra’s strategic investment in its Filogix mortgage marketplace, connecting consumers to brokers, lenders and many supporting partners to enable a secure mortgage application process. It will enhance Filogix capabilities in support of delivering next generation solutions to the Canadian mortgage market and deliver benefits to consumers, brokers and lenders.
Read MoreOTTAWA, ON / Jun 30, 2020 - Nuvyyo, makers of the Tablo OTA DVR for cord cutters, today announced the closing of a Series B funding round of $6 million CAD. The round was led by Celtic House Venture Partners with participation from Export Development Canada (EDC) and will be used to ramp up production of Tablo Over-the-Air DVRs as the consumer market for cable TV alternatives continues to surge.
Read MoreTORONTO, ON / May 15, 2020 - Doorr is excited to announce that it has raised over $1.75M CAD in a Seed financing led by Celtic House Venture Partners and MaRS Investment Accelerator Fund, with participation from Techstars and strategic angel investors.
Read MoreOTTAWA, ON / Dec 18, 2019 — Raven Connected announced today that Raven+, its newest product, will be unveiled for the first time at the Consumer Electronics Show (CES) in January 2020. This latest product from the connected video telematics company features major advances in driver and vehicle safety, perfect for individuals or fleets.
Read MoreWATERLOO, ON / Nov 7, 2019 — Auvik Networks has been presented the Deloitte Technology Fast 50™ program award for its rapid revenue growth, entrepreneurial spirit, and bold innovation. The program recognizes technology companies with the highest revenue-growth percentage over the past four years. The company also ranked 12th on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, and energy tech companies in North America. Auvik ranked on both of these lists thanks to its 7,914% revenue growth from 2015 to 2018.
Read MoreGREENSBORO, NC / Oct 7, 2019 — Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it has acquired Cavendish Kinetics, Inc., the world's leading provider of high-performance RF MEMS technology for antenna tuning applications.
Read MoreBOSTON, MA / Oct 2, 2019 — Coherent Path announced today that CTO and cofounder Greg Leibon has obtained a patent for a revolutionary mathematical infrastructure. The patent for invention number US 10,269,928 B1 protects a core component of Coherent Path’s proprietary technology: a “hyperbolic geometry” that can be used to map each customer’s unique journey through a product space, and guide customers toward product discoveries that deliver greater lifetime value for brands and customers alike.
Read MoreWATERLOO, ON / Sep 27, 2019 — Auvik Networks has nabbed the number 4 spot on the inaugural Report on Business ranking of Canada’s Top Growing Companies. Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. Auvik Networks earned its spot with three-year growth of 5,983%.
Read MoreWATERLOO, ON / Sep 12, 2019 — Canadian Business and Maclean's today ranked Auvik Networks No. 25 on the 2019 Startup 50 ranking of Canada's Top New Growth Companies. Auvik Networks made the 2019 Startup 50 list with two-year revenue growth of 638%.
Read MoreWATERLOO, ON / May 20, 2019 — CRN®, a brand of The Channel Company, has named Auvik Networks’ Chief Marketing Officer Jacqui Murphy, Events Manager Caitlyn McCaughran, Director of Channel Sales Sam Lowe, and Partner Programs Manager Ashley Cooper to its 2019 Women of the Channel list. The leaders on this annual list are selected based on their channel advocacy, professional accomplishments, and contributions to channel growth.
Read MoreLAS VEGAS (CES) / Jan 7, 2019 – Nuvyyo, makers of the Tablo OTA DVR for cord cutters, today announced the next generation 4-Tuner DVR, the Tablo QUAD, along with a new feature that automatically skips commercials within recordings. Fully redesigned with a sleek new form factor and support for up to 166 days of HDTV recordings, Tablo QUAD lets consumers discover, record, and stream up to four live antenna TV channels simultaneously.
Read MoreOTTAWA, ON / Dec 19, 2018 — Raven, the world’s first complete connected car device, announced today that it is expanding beyond consumers to automotive fleets with a suite of new features and capabilities, from facial recognition to connected security advancements and more. The new updates will be unveiled next month at CES 2019 in Las Vegas, Nevada from Jan. 8-11, and will integrate a number of technologies (dash cam, in-vehicle monitoring, GPS and more) into one device.
Read MoreOTTAWA, ON / Feb 1, 2018 —Ottawa-based CanvasPop has raised $3.3 million for its online photo printing service. Its funding was led by Celtic House Venture Partners and BDC’s Growth & Transition Capital group within BDC. Shopify CEO Tobi Lütke, Shopify co-founder Cody Fauser, and philanthropist Richard L’Abbé participated as angel investors.
Read MoreNEW YORK, NY / Jan 22, 2018 — CanvasPop, one of North America’s leading digital art printing companies, launched its corporate art program expansion this month to help businesses strengthen office culture and empower staff. The company specializes in working with its customers to create personalized, quality artwork for the home and, now, the workplace at competitive prices.
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