Versature secures $1.15 million in financing from BDC Capital, RBC
Ottawa-based Versature announced Tuesday it has secured $1.15 million in funding without giving up any equity. BDC Capital is providing $750,000 to the cloud-based business
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IDC shareholders approve Novra acquisition
International Datacasting Corporation shareholders voted Monday in favour of a deal that will see the Ottawa company merge with Winnipeg’s Novra Technologies. The acquisition, which was
Edgewater gets $2.7 million federal boost to update military aircraft computing systems
Edgewater Computer Systems announced Monday it is receiving $2.7 million through the federal Strategic Aerospace and Defence Initiative. The repayable contribution will go to develop technology
Ottawa native targeting industry heavyweights with Seattle-based hydration beverage
As CEO of Seattle-based hydration beverage maker nuun, Kevin Rutherford encourages people to achieve their personal bests. But as the 45-year-old Ottawa native battled
Colliers names Wilkinson new managing director of Ottawa office
Colliers International has turned to a veteran broker to fill the post of managing director at its Ottawa office. Warren Wilkinson, who has worked for
‘Opportunity of a generation’ to spur R&D through federal procurement policies, lobby group says
The head of Canada’s most prominent defence industry lobby group is urging the federal government to revamp its defence procurement strategy as part of its
Scaleup woes stunting Canadian tech sector’s growth, leading academic says
Canada is falling behind in the global innovation race because its tech sector too often fails to scale startups into sustainable companies, the head of
More jobs coming to Thales in Ottawa after Seaspan deal
A new $35-million agreement between Thales in Canada and Seaspan’s Vancouver Shipyards will mean more jobs at the Thales Ottawa maritime lab, a company vice-president said
American defence firm to open engineering facility in Ottawa
American defence firm L-3 Communications Holdings announced Wednesday it will open a design, engineering and support facility in Ottawa that will be home to a
Divisional court green lights Zibi project
The Ontario Divisional Court has given Windmill Development Group and Dream Unlimited Corp. the go-ahead for its Zibi development with its ruling to uphold the
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