Cooledge’s $18.4 mln funding may signal tipping point for LED market

Vancouver, B.C. — Cooledge Lighting, a developer of LED technology, has raised US$18.4 million in a Series B financing, peHUB Canada has learned. The round was led by a new investor, a Canadian alternative assets firm with more than $2 billion under management, said Kirk Washington, a general partner at… Read More

Mover Integrates with Dropbox to Onboard Business Customers

Edmonton, AB –- Mover, the leading cloud migration and backup platform, today announced an integration with Dropbox for Business that enables customers to address their data migration needs seamlessly between the two services. Dropbox for Business provides teams with the power, security, and performance of Dropbox, along with robust admin… Read More

Highline receives federal funds to boost accelerator platform

Vancouver, BC — For four years, the BC Technology Industry Association’s (BCTIA) Centre4Growth has been without a physical location. Instead, the incubator program providing entrepreneurs with mentorship, financial and legal services and introductions to investors has been mostly virtual. That’s about to change with a $10.4 million grant from Ottawa… Read More

Vancouver Island Based Redlen Technologies Closes $2 Million Financing

Saanichton, BC — BC Advantage funds (VCC) Ltd. announced today that it completed an additional  $1.5 million preferred share investment in Redlen Technologies Inc. Redlen is a BC-based company that manufactures and markets high resolution Cadmium Zinc Telluride (“CZT”) semiconductor materials, radiation detectors and modules for the medical and security… Read More

Yaletown Newsletter – Q3 2014 active with multiple financings

  Yaletown led or participated in three financings since our last update in August. Cooledge Lighting, Elastic Path and Columbia Green technologies all closed rounds. There was also a key CFO hire at Tasktop and many new strategic partnerships announced across our portfolio. Read the web version of… Read More

Mixpo Named to Deloitte’s Technology Fast 500 List for Second Year in a Row

PR Web Seattle, WA — Mixpo, the leading video advertising technology company, today announced that Deloitte ranked the company No. 87 on its annual ranking of the fastest growing North American technology companies. It is Mixpo’s second time on the Deloitte Technology Fast 500 annual list, highlighting revenue growth of… Read More

Yaletown Frequently Asked Questions

We hear great questions daily from investors, entrepreneurs, our limited partners and the media. To help get the word out we offer these answers to comment inquiries. Give them a read and by all means share your own questions. Where does Yaletown’s capital come from? Yaletown’s capital comes from pension… Read More

Solegear Bioplastics Secures Venture Debt Facility From Comerica Bank

VANCOUVER, BC —   Solegear Bioplastics Inc., a leading developer of high-performance plant-based plastics for packaging and durable product applications, recently closed a venture debt facility with Comerica Bank, the largest tech-focused bank in the United States. Read more on Solegear Author: Solegear Bioplastics Inc. Read More

Rewards-Based Ad Provider Pretio Interactive Goes Big with Acquisition of Tap for Tap Mobile App Network

PR WEB – VICTORIA, BC.  — Pretio Interactive, an advertising technology startup that allows brands such as Target and Live Nation to place rewards inside apps and games, has acquired Tap for Tap, a mobile ad network of 18,000 apps founded by veteran entrepreneur and investor, Todd Dunlop. Read… Read More

Tasktop Taps Simon Bodymore as Chief Financial Officer

PR WEB – VANCOUVER, BC.  — Tasktop Technologies, the leader in DevOps Integration and the creators of the Eclipse Mylyn open source tool, today announced that Simon Bodymore has joined Tasktop as Chief Financial Officer (CFO). In his role as CFO, Bodymore will be responsible for financial strategy as well… Read More