Versature funding tops $1 million
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.
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Enablence revenue tumble continues
Ottawa-based optical component supplier Enablence Technologies reported second-quarter results that “may cast significant doubt about the company’s ability to continue as a going concern,” according
Huawei launches “Seeds for the Future” program
Students from Carleton University and the University of Ottawa will be among 20 Canadian third-year engineering students touring Huawei’s operations in China this spring as
Champions turn to Montreal company for concessions, Gabriel for pizza
With its official brewers and bats already in place, Ottawa’s newest professional baseball team announced multi-year deals on Monday for its concessions and its pizza. The Ottawa
Mitel to acquire Mavenir for $560 million
Mitel announced Monday it has acquired software-based networking solutions provider Mavenir in a $560-million cash and stock deal chief financial officer Steve Spooner said will
Great response to L-Spark incubator application: Lax
The application deadline for the L-Spark enterprise software incubator passed Friday at midnight, and after conversations with 160 startups, 79 have are moving forward with
BluMetric reports steady 2015 Q1
Ottawa-based BluMetric’s steady 2015 first-quarter results are beginning to show why the clean-tech company was formed in a reverse takeover three years ago, according to CEO Roger
CENX looking to build on banner 2014
CENX had a very good year in 2014, with the company posting revenue growth of 500 per cent, but president and CEO Ed Ogonek said
Mitel hits cloud milestone, breaks records in 2014 Q4
Mitel hit a major milestone and set new benchmarks for financial results in its fourth quarter, CEO Rich McBee said after the company released its
Telesat reports stable 2014 Q4, year-end results
Telesat president and CEO Dan Goldberg said Thursday he is pleased with the company’s performance after its 2014 fourth-quarter and year-end results showed the satellite
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