Organization: Ventures West

Rotman School presents inaugural awards

Two leading institutions and a financing pioneer were the first recipients of awards presented by the Creative Destruction Lab (CDL) at the Univ of Toronto‘s Rotman School of Management. The Labour Award was made to the Univ of Waterloo‘s Engineering and Co-op program while the Ideas Award went to the Canadian Institute for Advanced Research.…

BelAir Networks acquired by Ericsson

BelAir Networks Inc is being acquired by Stockholm Sweden-based Ericsson for an estimated price of more than $100 million. The privately held BelAir is a developer and marketer of carrier-grade WiFi network equipment with a staff of more than 120. Since its inception in 2001, it has raised approximately $70 million from several venture capital…

Canadian VC investing in Chantry Networks

Ventures West is leading an $11-million second round private equity financing in Boston-based Chantry Networks, a developer of routed wireless networking technology. The syndicated financing includes Flagship Ventures, Primaxis Technology Ventures and the recently merged Venture Coaches/Skypoint Capital. Chantry has offices in Chicago, Denver, Toronto, New York and San Francisco….

ATMOS nets $10 million for DRAM product development

ATMOS Corp, Kanata ON, has completed a US$10-million round of financing to accelerate development and marketing of its embedded memory solutions for system-on-a-chip (SoC) applications. The firm’s plans for dynamic random access memory (DRAM) products and design automation tools attracted investment of $5 million from Virage Logic Corp, Fremont CA. The remainder was provided by…