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SOLIDUM LURES TESTED CEO AWAY FROM HIATUS - RICK WHITE NO STRANGER TO OTTAWA HIGH TECH
Rick White admits that one of the reasons for accepting his new job is that he is a bit selfish. "From a personal experience view, I wanted to run a company again," says White, who this week begins hi...
ZUCOTTO NOTCHES UP NEW DEALS WITH WIRELESS CHIP - US$15M FINANCING:
Zucotto Systems Inc., an Ottawa-based startup, is set to announce a deal with PacketVideo Corp. of San Diego to bring content to wireless phones and other handheld devices. Zucotto, which is causing a...
$29M TERRAGEN DEAL GIVES COMPANY ACCESS TO ANTIBIOTIC TECHNOLOGY
Cubist Pharmaceuticals Inc. yesterday said it will acquire TerraGen Discovery Inc. for $29 million in a stock swap that will give Cubist proprietary technology for developing antibiotics using untappe...
MORE CASH FOR TROPIC
The Ottawa Business Journal has learned optical networking firm Tropic Networks has closed a round of debt financing worth $15 million. While Tropic declined to comment, MM Venture Partners' manag...
ZUCOTTO ANNOUNCES $3.5 MILLION FINANCING WITH MM VENTURE PARTNERS
TORONTO -- MM Venture Partners today announced the completion of a $3.5 million venture financing with Zucotto Systems Inc., the global leader in Java™ semiconductor solutions for the Wireless Interne...
NEWBRIDGE FOUNDER TAKES OVER AT TELEXIS
Terence Matthews has taken the helm of one of his former affiliates, ending the mystery of what the Newbridge Networks Corp. founder would do after selling his company earlier this year to French gian...
BITFLASH ANNOUNCES $10.5 MILLION IN SECOND ROUND FINANCING
OTTAWA, Ontario/SAN JOSE, California -- BitFlash Inc., an emerging leader in Internet software development which is bringing 'smart graphics' to wireless devices and the Internet, today announced th...
MM VENTURE PARTNERS MAKES $3 MILLION INVESTMENT IN ADVANCED SEMICONDUCTOR COMPANY
TORONTO -- MM Venture Partners is pleased to announce the completion of a $3.0 million venture financing with Ottawa based SOLIDUM Systems Corporation as part of a $10.0MM overall round. SOLIDUM i...
MM VENTURE PARTNERS MAKES $2.5 MILLION INVESTMENT IN TELEXIS CORP.
TORONTO -- MM Venture Partners is pleased to announce the completion of a $2.5 million venture financing with Ottawa based Telexis Corporation. Telexis is a leader in providing networked video solutio...
MM Venture Launches $100M High-Tech Fund
Toronto-based MM Venture Partners has raised $100-million from its U.S. partner to form GATX/MM Venture Finance Partnership II. This is the firm's second investment vehicle geared to the technolog...
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