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Analytics Archives - First Ascent Ventures

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ThinkData closes investment from OTEAF to fuel global expansion

TORONTO, ON - ThinkData Works, Inc. (ThinkData) has announced an investment from the OpenText Enterprise Apps Fund (OTEAF). The funds will be used to support ThinkData’s global expansion. The transaction will also see Tony van Marken, General Partner at OTEAF, join ThinkData’s Board of Directors. ThinkData’s platform allows organizations to access data from hundreds of public sources and helps enterprises transform…
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Rubikloud Expands AI Presence in Toronto With 60 New Jobs

One of the biggest AI companies in Canada is expanding their reach and bringing more talent in. Rubikloud has unveiled that they will be adding 60 new jobs in Toronto following their $37 million Series B round of funding in early January. The new roles will span several fields and industries such as data science, engineering, sales, operations, finance and…
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Rubikloud scores $37 million investment to bring intelligence to retail industry

TORONTO, Jan. 3, 2018 -- The retail industry is one that’s rife for disruption by technology. Under intense pressure from giants like Amazon and Walmart, retailers are often stuck using legacy systems and are ill-equipped to compete using the latest tools. Rubikloud announced a $37 million investment today to help retailers attack the modernization problem with cloud tools built with…
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Royal Bank of Scotland partners with Sensibill to give business banking customers greater control of their finances

TORONTO, Oct. 17, 2017 (GLOBE NEWSWIRE) -- Royal Bank of Scotland (RBS) and Sensibill have partnered to alleviate a major pain point for small business banking customers: receipt management. Sensibill’s digital receipt solution will bring convenience to small business owners, allowing them to manage their cash flow, and streamline their administrative efficiencies directly from their mobile banking app. The service—which…
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ScribbleLive acquires ion interactive

TORONTO, Sept. 21, 2017 /PRNewswire/ - ScribbleLive, the leading content experience platform, announced today that it has acquired interactive content platform provider, ion interactive. With this acquisition, ScribbleLive further strengthens its ability to help companies manage the full lifecycle of their content by bringing new interactive capabilities to its platform. ion interactive is an enterprise SaaS platform that empowers modern…
21 September 2017
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Sensibill closes $17.3 million Series A to scale digital receipt data service for banks

TORONTO, ON - March 02, 2017 - Sensibill has raised a sizeable $17.3 million Series A led by Information Venture Partners and OpenText Enterprise Apps Fund (OTEAF). Sensibill offers a suite of value-added services for mobile banking apps centered around the everyday receipt and enabled by machine learning. Last year, the FinTech company, which is headquartered in Toronto, launched its…
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Q4 Closes $22M Series B Financing to Fuel Product and Sales Expansion

TORONTO, ON - May 17, 2016 - Q4 Inc., a global leader in SaaS investor relations and capital market solutions, announced today the closing of a $22 million Series B financing, bringing the Company's total amount raised to $30 million. This round was led by OpenText Enterprise Apps Fund (OTEAF), Information Venture Partners, and HarbourVest Partners along with Emerillon Capital,…
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Assent Compliance Attracts $20 Million Investment To Drive Global Growth

OTTAWA, ON - May6, 2016 - The investment is led by Boston-based Volition Capital with participation from OpenText Enterprise Application Fund (OTEAF), Business Development Bank of Canada (BDC), National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP), Royal Bank of Canada (RBC) and private investors. Assent Compliance provides a comprehensive all-in-one compliance automation platform for organizations required to comply…
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ScribbleLive raises $35m

Digital Content Marketing Leader to Accelerate Growth and Dominate Data Science Technology Landscape TORONTO, ON – Sept. 23, 2015 – ScribbleLive, a global leader in digital content marketing, is excited to announce the closing of its expansion round of funding. The OpenText Enterprise Apps Fund (OTEAF) led the $35 million investment along with contributions from Emerillon Capital, Blue Cloud Ventures,…
23 September 2015