ADCENTRICITY announces Opening of New York office - Expansion of sales force required to service media demand
New York City, NY, May 15, 2008 – ADCENTRICITY, Inc. ("ADCENTRICITY"), a North American Digital Out Of Home ("OOH") media sales service, announced today that it has opened its New York City office to service the growing demand for Digital Out Of Home media planning services in the United States. The New York Office expands ADCENTRICITY's ability to offer immediate sales and support services to its growing base of customers and prospects for national and regional campaigns.
ADCENTRICITY has raised CDN$3-million of equity financing in a transaction lead by Propulsion Ventures
TORONTO, ON, April 23, 2008 – ADCENTRICITY, Inc. ("ADCENTRICITY"), a North American Digital Out Of Home ("OOH") media sales service, has raised CDN$3-million of equity financing in a transaction lead by Propulsion Ventures, a subsidiary of TeleSystem. The funding will strengthen the company's network of Digital Out of Home partners to create greater value for partners, media agencies and advertisers.
eXludus Awarded Asynchronous Data Replication Patent
MONTREAL, Mar. 18 -- eXludus Technologies, the leading developer of multicore system capacity management, virtualization and provisioning solutions, today announced the U.S. Patent and Trademark Office has issued a patent for the eXludus "Asynchronous and Autonomous Data Replication" technology.
Enterprise Search Firm Coveo Raises $2.5M to Expand Growth
BOSTON, Mass. – March 6, 2008 - Coveo Solutions Inc., a global provider of enterprise search technology, is pleased to announce the completion of an investment round of $2.5M led by Louis Tetu, the former founder, CEO and Chairman of Taleo Corporation [NASDAQ:TLEO], the global leader of on demand, unified talent management solutions. In addition to the investment, Mr. Tetu will join Coveo as executive chairman, where he will serve on the management team helping direct the explosive growth of the company.
Shopit Partners with Netvibes to Add Free Commerce and Shopping to Custom Home Pages
LOS ANGELES CA. – Shopit.com, the fastest growing free commerce network on the web, has partnered with Netvibes, the pioneer of the personalized home page. Netvibes and Shopit are working together to create Commerce enabling tools and a Shopping Module for users. The Shopit widget on Netvibes allows users to sell, trade and auction items, shop for products and manage store activity for user accounts. Shopit and Netvibes are changing the way users sell and shop online, making it fast, easy and free.
RBS Lynk to Offer Merchants and Consumers eBillme's Online Banking Solution at the Checkout
RBS Lynk and MODASolutions offer eCommerce sites the opportunity to boost revenue by bringing 84 million online banking users to the checkout.
WILMINGTON, Del. – October 23, 2007 – RBS Lynk®, a leading, single-source provider of electronic payment processing services, is now offering its merchants a way to reach online banking users who want to pay cash at eCommerce checkouts. MODASolutions, a leader in the alternative payments market, and RBS Lynk have announced a referral agreement whereby RBS Lynk merchants can get access to the eBillme payment option, which provides consumers with the ability to safely and securely pay cash using their online banking bill pay service.
Seasoned Software Industry Expert Joins dna13 as Chairman
Former PeopleSoft EVP of World Wide Operations joins dna13's Board of Directors as Chair.
OTTAWA, ONTARIO, Canada – October 01, 2007 - dna13, a provider of on-demand communications and stakeholder management software, today announced the appointment of software industry leader, Howard Gwin, as Chair of its Board of Directors.
dna13 Raises $5M in Series A Funding - Company set to accelerate sales, marketing and partnerships
NEW YORK, NY and OTTAWA, May 8 /CNW Telbec/ - dna13 Inc., a leading provider of stakeholder relationship and reputation management software for Fortune 1000 and emerging companies, today announced the completion of its Series A financing in the amount of CDN $5 million. Both Celtic House Venture Partners and Propulsion Ventures participated in the round. The financing will support the acceleration of marketing, sales and partnerships needed to bring the dna13 software as a service offering to a broader base of Fortune 1000 and emerging companies. dna13 was advised by Sapient Capital Partners.
Coveo Named a KMWorld 2007 Trend-Setter
Palo Alto, California; Quebec City, Canada - September 12, 2007 - Coveo Solutions Inc., a global provider of secure enterprise search solutions, announced today that its patented Coveo Audio and Video Search (CAVS) technology was selected by editors of KMWorld Magazine as one of the "Trend-Setting Products of 2007". Introduced in February as the sole property of Coveo, CAVS provides businesses with a robust solution for quickly accessing rich media content such as audio and video files as easily as searching text content.
Coveo Solutions Inc., announce that it has secured $6 million through a Series A Preferred venture capital financing agreement
Quebec City, Canada; Palo Alto, California - October 25, 2006 - Coveo Solutions Inc., a leading provider of secure search for the enterprise, today announced that it has secured $6 million through a Series A Preferred venture capital financing agreement. The investment was led by Solidarity Fund QFL and Propulsion Ventures. This funding round also included investments from Fier Succes and existing investors of the company lead by Accès Capital. Coveo announced that Benoit Hogue, Managing Partner, Propulsion Ventures, and Serge Michaud, Senior Investment Advisor, Information Technologies, Solidarity Fund QFL, have been appointed to serve on the company's board of directors.
MODASolutions Secures US $11 Million in Funding
Philadelephia, PA – September 20, 2006 – MODASolutions, a provider of alternative payment soltutions, today announced the closing of a US $11 million round of financing. The funding was led by Celtic House Venture Partners, one of Canada's largest early-stage technology investors. Propulsion Ventures, an early-stage investor focused on software and Internet services companies, and existing investors BDC Venture Capital and the Ottawa Angel alliance also invested in the venture capital round. The proceeds will be used to grow MODASolutions operations in the North American market.
Propulsion Ventures announces the sale of Montreal-based VertigoXmedia
Montréal, June 12th, 2006 – Miranda Technologies Inc., a global developer, manufacturer and marketer of high-performance hardware and software for the television broadcast industry announced on April 22, 2006 that it has acquired VertigoXmedia, inc. a Montréal-based manufacturer of high-end graphics automation software and systems.
Propulsion Ventures announces the sale of Montreal-based Interstar Technologies
Montréal, May 11th 2006 – Sagem Communication (Groupe SAFRAN), a global leader in the fields of mobile and broadband communications, announced on May 10th, 2006, the acquisition of Interstar Technologies Inc. (www.faxserver.com) and the creation of a new Sagem Interstar subsidiary based in Montreal, Quebec. Interstar designs, develops and distributes IP based fax servers for converged communications networks.
SAFRAN is an international high-technology group with four core businesses: aerospace propulsion, aircraft equipment, defense security, and communications. It has 58,000 employees in over 30 countries, and annual revenues exceeding 10 billion euros.
Propulsion Ventures announces the appointment of two new partners: Thomas Birch and David Bernardi
Montreal- April 6th, 2006 - Early stage software investor, Propulsion Ventures Inc. is proud to announce the appointment of two new partners: Thomas Birch and David Bernardi. With the additions of Tom and David, Propulsion Ventures increases its depth of operational and technology skills to work with early stage software companies in accelerating their growth.
Launch of Propulsion Ventures III S.E.C. Fund
Sectoral Venture capital fund dedicated
to the information technology sector,
focusing on software and Internet models
Montreal, February 27, 2006 – Propulsion Ventures Inc. announced today the launch
of Propulsion Ventures III L.P., a $100 million software venture capital fund.
Propulsion Ventures III will make equity investments in emerging Quebec and Ontario
software companies that developed a world-class software product that meets the real
needs of enterprise customers in a fast growing market.
Propulsion Ventures III held its first closing at $60 million on December 19, 2004 with
the support of the following prestigious partners: Telesystem (a Canadian private capital
corporation founded in 1984 by Charles Sirois), the Caisse de dépôt et placement du
Québec, National Bank Financial, and FIER-Partenaires are participating in this new
fund.
2005 CVCA Deal of the Year Award
TORONTO: Canada's Venture Capital & Private Equity Association (CVCA) is pleased to announce that Propulsion Ventures is the recipient of the CVCA's 2005 'Deal of the Year Award' for the venture capital category and Novacap is the recipient of the CVCA's 2005 'Deal of the Year Award' for the private equity category.
Established in 1998, the purpose of CVCA's 'Deal of the Year Award' competition is to promote, highlight and celebrate the achievements of Canadian companies backed by CVCA members. The selection process focuses on firms with the most significant return during the last twelve months ending June 30, 2005. This year the CVCA has created two awards, one for the venture capital category and the private equity category.
Airborne Entertainment M&A announcement
CYBIRD Agrees to Acquire Airborne Entertainment
Top Japanese mobile media company sets stage for continued international growth with the acquisition of leading North American mobile entertainment publisher.
Tokyo, Japan and Montreal, Canada, June 21, 2005 – CYBIRD Co., Ltd. (OTC, JASDAQ, stock code: 4823), one of Japan's preeminent mobile media companies and a pioneer in mobile content services, announced today that it has agreed to acquire Airborne Entertainment Inc., one of North America's leading mobile entertainment companies, in a transaction valued at approximately $90 million.
Click here to see the Press Release.
Taleo IPO
Taleo Corporation Announces Pricing of Initial Public Offering
SAN FRANCISCO – September 29, 2005 – Taleo Corporation announced today the pricing of its initial public offering of 6,700,000 shares of its common stock at $14.00 per share (before underwriting discounts and commissions). Taleo offered 5,360,000 shares of common stock, while the remaining 1,340,000 shares were offered by selling stockholders. The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,005,000 shares of common stock to cover over-allotments, if any.
Click here to see the Press Release.
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