360incentives, the world's first integrated cloud-based incentives software platform, today announced $10 million in new financing. Leaders Fund, the newly launched enterprise software-focused venture fund, and Economic Development Canada (EDC) led the round with participation from existing investors OMERS Ventures and Klass Capital. The capital will be allocated toward further development of 360's unrivaled single-platform channel incentives software.
Vidyard, the video platform that helps businesses turn viewers into customers, today announced it has closed a $35 million (USD) Series C financing led by Battery Ventures with participation from existing investors Bessemer Venture Partners, Salesforce Ventures, OMERS Ventures, iNovia Capital and SoftTech VC. The company will use the funds to develop new products to help businesses expand their use of video for customer engagement and tap into the digital body language of online audiences.
Hot on the heels of my 2015 "Grade B" Prediction Scorecard, I'm now looking ahead to 2016; offering a sneak peek into some of the trends and events that may occur for tech and financing in the new year, and what opportunities and investment activities OMERS Ventures will be focusing on:
Hard to believe an entire year has passed since I penned 10 Canadian Technology Finance Predictions for 2015. After 12 months of incredible innovations from many talented startups and entrepreneurs across the country, a sizzling hot funding environment, and an epic Blue Jays baseball season (had to throw that in there!), it is time to look back on these forecasts, compare them to reality, and check my scorecard.
It brings us great excitement to share more on our latest investment, Jobber – a back office business management platform for field service professionals.