Portfolio News

BTI Systems Closes $10 Million in New Funding

February 25, 2013

BOSTON, MA and OTTAWA, ON - February 25, 2013 - On the heels of a 40 percent compound annual growth rate during the past 6 years and unparalleled global demand from content and service providers, BTI Systems today announced $10 million in new growth capital. The Series C funding was led by Bain Capital Ventures and included existing investors BDC, Covington Capital and GrowthWorks. The company has raised more than $33 million since the first quarter of 2011.

Aimetis Achieves 38% Increase in 2012 Unit Sales

January 30, 2013

Waterloo, ON - Aimetis Corp., a global leader in intelligent IP video management software, today announced a unit sale increase of 38% in 2012 compared to 2011. Aimetis has also expanded the number of global reseller partners by 20% -- to more than 700 globally in more than 100 countries. Aimetis strong growth in 2012 was driven by increased penetration into enterprise segment of the network video management market, and the introduction of several new products and services.

Alere Acquires Epocal, Inc.

February 4, 2013

WALTHAM, Mass., February 4, 2013 - Alere Inc. (NYSE: ALR), a global leader in enabling individuals to take charge of their health at home through the merger of rapid diagnostics and health information solutions, announced today that it has acquired Epocal, Inc., a provider of best-in-class technologies that support blood gas and electrolyte testing at the point of care.

Medical device clears regulatory hurdle in the United States

September 17, 2012

What began in the Dentistry lab of Professor Paul Santerre more than a decade ago is now Interface Biologics Inc. (IBI) - a privately-held company poised to transform the market for medical devices in the United States.

Through its licensing partner, AngioDynamics, IBI has just cleared a major regulatory hurdle that will allow a medical device using its polymer-based additives to be used in the United States.

Embotics® increases its European distribution footprint with new partners

November 5, 2012

Embotics Corporation, a pioneer in virtualisation and automated cloud management, today announced that it has signed distribution agreements with Prianto and BGS Netherlands. Through these agreements both companies will now be offering their reseller partners Embotics V-Commander®, a virtualisation and private cloud management product. These resellers will now be able to help their customers realise immediate savings through better management of their virtual estates.

BTI closes $8.5M funding round

January 8, 2013

An Ottawa-based network infrastructure provider has quietly closed an $8.5-million funding round that is part of a technology research and development initiative the company will announce in the coming weeks, according to a company executive.

BTI Systems received the funding from Boston-based Bain Capital Ventures, which has previously invested in the company.

OPKO Health to acquire privately held Cytochroma

January 9, 2013

MARKHAM, ON, Jan. 8, 2013 /CNW/ - Cytochroma today announced that it has entered into a definitive agreement with OPKO Health, Inc. (NYSE:OPK) under which Cytochroma, a privately held pharmaceutical company with operations in Markham, ON and Bannockburn, IL, will be acquired by OPKO.

Greenfield Eyeing Second Generation

September 18, 2012

Second generation ethanol production could be ready for commercial use next year.

Greenfield Ethanol has been working on a modified extruder at its Park Ave. research and development centre in Chatham and officials hope to prove its validity on a consistent basis by the end of the year. That would allow for a small bolt-on operation in 2013.

Tech Profile: Fusebill

October 11, 2012

What is Fusebill, and how did you and your team get started in this field?

CounterPath Reports Record First Quarter Fiscal 2013 Financial Results

November 8, 2012

VANCOUVER, Sept. 13, 2012 /CNW/ - CounterPath Corporation ("CounterPath" or the "Company") (NASDAQ: CPAH) (TSX: CCV), an award-winning provider of desktop and mobile VoIP software products and solutions, today announced the financial and operating results for its first quarter ended July 31, 2012 of fiscal 2013.

First Quarter Financial Highlights

• Record quarterly revenue of $4.4 million, a 59% increase year-over-year.