Ottawa, Canada, Mountain View, USA, Nuremberg, Germany- October 9, 2014:RANOVUS Inc., a leading provider of multi-terabit interconnect solutions for datacenter and communications networks, today announced a new $24 million USD round of financing.
Toronto Life's City Series Events: Entrepreneurship and Technology: The $100-Million Idea. Join Nora Young (@nora3000), host and creator of CBC Radio's Spark with Nora Young, as she hosts a panel and Q&A session with Jim Orlando (@JimROrlando), Managing Director at OMERS Ventures, Marcus Daniels (@marcusdaniels), ED at HIGHLINE, Mark Rudduck (@MarkRuddock), CEO of Wonga Canada and Vicki Saunders (@vickis), founder of SheEO. They'll reveal their secrets to success and discuss how new high-tech ideas can turn the city into a major international player.
Hootsuite, the world's most widely used social relationship platform, today announced it has closed US$60 million in financing led by a large Boston-based asset manager. Existing investors Accel Partners, Insight Venture Partners and OMERS Ventures participated, as did technology lender, Silicon Valley Bank. This latest investment brings Hootsuite's total financing to-date to US$250 million.
Jim Orlando will be a panelist on a "The Case For VC: Why Now Is The Best Time To Put Your Money In VC " at the LP and GP Summit.
Desire2Learn Incorporated (D2L)—the EdTech company that created Brightspace, the world’s first truly integrated learning platform (ILP)—today announced that its parent company, D2L Inc., has closed an $85 million Series B financing round led by a large institutional asset manager with participation from Columbus Nova Technology Partners, Graham Holdings, Four Rivers Group, Aurion Capital and existing investors New Enterprise Associates and OMERS Ventures. Silicon Valley Bank also provided debt financing in this round. The investment brings the company's total funds raised to $165 million.