Versature

An Ottawa-based organization that aims to help grow Canada’s next generation of entrepreneurs has tapped a well-known local tech executive to be its new leader.
After years spent searching for the best path to scale up and take on Canada’s cloud communications market, Ottawa-based Versature has decided being acquired by a larger firm is best way to grow.
For VoIP phone services provider Versature, returning to OBJ’s list of Ottawa’s fastest-growing companies – with an even faster growth rate this time around – came down to marketing.
Paul Emond has a goal: Grow from $3.75 million in revenues to a $20-million company by 2020.
Ottawa-based Versature announced Tuesday it has secured $1.15 million in funding without giving up any equity.
Paul Emond knows his stuff when it comes to sales.
Ottawa-based Versature announced Tuesday it had raised another $675,000 in debt and bank financing, bringing the total of the last three rounds to $1 million.