Klipfolio captures another $6.2M
Ottawa cloud software company Klipfolio announced Feb. 25 that it’s raised $6.2 million from a series-A round led by OMERS Ventures. The round featured all existing investors from the firm’s $1.7-million seed round a year ago.
Props social hub gets wide release at SXSW
A four-man team from Carleton University has launched an app called Props to act as a central hub for social media, including Facebook, Twitter, Instagram and LinkedIn. The company comes from the Lead to Win program with the expectation that it will generate $1 million in revenues within three years. Props held its North American launch at South by Southwest in Austin, Texas, where Twitter blew up in 2007.
Bumpn follows the party
A new mobile app startup hopes to be the life of the party. Bumpn is a social networking app that lets users automatically share photos they take at an event to a single feed dedicated to the occasion. The bootstrapped company launched its beta version in January and has since been using customer feedback to develop a 2.0 version for a planned April release.
Three uOttawa teams share $10K in prizes
Three teams of young entrepreneurs took home helpful prize money from the University of Ottawa’s Entrepreneurship Concepts PEI student competition on Feb. 6. Enplex earned the $5,000 first prize for its “effortless networking” system that uses bracelet technology to automatically exchange contact information when two people shake hands. Second-place winner eCelery received $3,000 for its food and nutrition social platform. In third place was Insomnia Skis, which won $2,000 for the team’s plan to bring its garage-based custom ski collection to the web.