Celtic House Venture Partners

Celtic House Venture Partners is an independent Canadian investment firm. Since 1994, Celtic House has been one of Canada’s most active investors in technology and innovation. Capitalizing on the deep domain expertise of its partners, Celtic House has consistently provided superior financial returns to its investors. Celtic House has collaborated with management teams and repeat entrepreneurs to develop technology companies from the inception phase through to exit, generating 25 initial public offerings and successful acquisitions. From offices in Toronto and Ottawa, Celtic House manages in excess of $425 million across three funds. Celtic House is currently making new investments out of Celtic House Venture Partners Fund IV, which closed in 2012.

David Adderley

Partner

Brian Antonen

Partner

Julie Fallon

CFO

Roger Maggs

Founder

CM

Cory Michalyshyn

CFO

TV

Tom Valis

Partner

Tomas Valis

Partner

95 past transactions

Redmere Technology

Venture Round in 2008
RedMere develops active cable semiconductor solutions. The company offers EyeWire, a low power signal conditioning active chip technology, which is embedded within the cable to create smart HDMI active cables for consumer multimedia, gaming, home theater, mobile phone, digital video cameras or digital video still cameras, and PC markets; and VerifEye, an active cable manufacturing test platform that enables the rapid testing of active cable solutions based on EyeWire chip technology. RedMere was founded in 2004 and is headquartered in Balbriggan, Ireland.

ShopperPlus

Series A in 2021
ShopperPlus is an e-commerce platform selling office supplies, electronics, lifestyle, kitchen utensils, and various other categories. The platform tailors targeted product recommendations based on individual purchase patterns and seasonality, with more than 30 percent of goods produced in Canada. Besides providing 24-hour customer support, the company also ensures that all orders filed before 2 p.m. are shipped on the same day, guaranteeing next-day delivery for at least half of its customers.

Auvik Networks Inc.

Series C in 2018
Auvik’s cloud-based software simplifies and automates network monitoring and management for IT managed service providers. Auvik gives MSPs better visibility, documentation, and monitoring for their client networks, and automates many time-consuming network tasks. With Auvik, MSPs have an efficient and profitable way to manage their client networks. Visit www.auvik.com or follow @AuvikNetworks on Twitter. Auvik is a registered trademark of Auvik Networks Inc.

Proximion

Series B in 2001
Proximion Fiber Optics Fiber Bragg Grating (FBG) technology, Proximion's product architecture embeds functionality into the optical layer to detect and counteract network faults and reduce the costs resulting from network downtime. The company's first product, WISTOM, combines both optical channel monitoring and optical performance monitoring onto one platform. With this high level of functionality, the system analyzes the performance of individual wavelength channels and pinpoints problems to be resolved to ensure Quality of Service (QoS) for network operators.

Merqueo

Series C in 2021
Founded in 2015, Merqueo is an online-based grocery delivery in Colombia. Merqueo is an online supermarket that you always have on hand, you can pay as you like, find your favorite brands and receive your order at your doorstep.

Sirific Wireless

Series A in 2001
Sirific Wireless is a semiconductor company, designs and develops CMOS RF HEDGE transceivers for wireless communications market. The company offers monolithic multi-mode wireless design and digital direct conversion products; Harmony-direct upconversion transmitters; and NEXUS products, NexusRD. Its NEXUS platform combines HSDPA, WCDMA, EDGE, GPRS, and GSM with available on-chip receive diversity to deliver transceivers for multi-mode and multi-band wireless applications. The company has locations in Waterloo, Canada; Richardson, Texas; and Seoul, Korea. Sirific Wireless Limited was founded in 2000 and is headquartered in Richardson, Texas with additional offices in the United States, Canada, and Korea.

VirtenSys

Series B in 2008
VirtenSys was formed in 2005 to address a key problem in the IT industry. The IT industry today is caught between a 'rock and a hard place'. On one side IT budgets are severely constrained with analysts predicting single figure percentage growth for the foreseeable future. IT providers are expected to deliver increased value both in terms of reduced asset cost and 'Total Cost of Ownership'. This TCO factor is becoming dominated by issues like floor space, power consumption, thermal management and system maintenance costs. At the same time the workload on IT systems is increasing much faster than the budgets. More importantly however, the dynamics of the workload are also changing. Successful companies need to be more agile in responding to changing business conditions and need an IT infrastructure which can adapt equally fast. New business models are also emerging with analysts predicting that by 2010, 25% of all IT services will be supplied through utility computing models, requiring even more dynamic workload capabilities. To add to this challenge, the size of the industry, particularly with respect to the investment in software and systems, demands an evolutionary forward migration path. The industry does not tolerate 'fork lift' upgrades.

Tropic Networks

Series C in 2003
Tropic Networks, Inc. designs, develops, and markets regional and metro-area optical networking equipment for telephony, data, and cable applications. The company offers Wavelength Tracker, an optical transport solution that leverages SONET/SDH familiarity to deliver optical layer intelligence; and various services for Tropic Networks platform and its related products, including network design, planning and installation, operation and maintenance consulting, and evaluation and modeling of network architecture, as well as training and planned upgrades. It also provides Networks TRX-24000, a metro optical transport platform that delivers dense wavelength division multiplexing and optical add-drop multiplexing for a host of services in a package. The company offers metro-optimized network solution for carriers to plan, manage, and scale the MAN; and to address the need for bandwidth expansion, optical transport, wavelength identification, and wavelength management in regional and metropolitan-area optical networks. Its metro optical networking solution streamlines the underlying optical layer architecture of DWDM/ODAM networks. Tropic Networks, Inc. was founded in 2000 and is headquartered in Ottawa, Canada.

SiberCore Technologies

Seed Round in 1999
SiberCore Technologies Incorporated is a pure-play, Internet IC company developing high-value-added Application Specific Standard Products (ASSPs) for intelligent hardware-based switching and routing platforms, such as Gigabit / Terabit Routers and Layer 2 / 3 / 4 Ethernet Switches. The company's initial products are a family of high-speed high-capacity packet forwarding engines based on Content Addressable Memories (CAM technology) which overcome the performance bottleneck associated with the network's routing table look-up function. This emerging market has been created by the demands of the explosion in datacom traffic, coupled with the worldwide deployment of fiber optics and DWDM. These broadband deployments have shifted the bottleneck from the Access and Transport section of the network, to the Routers and Switches connecting to these pipes. The company's founding technical team gained industry-wide recognition for its world-class design expertise in this area at Nortel Networks. A veteran Executive team in all the functional divisions of the company supplements this preeminent technical team.

Tropic Networks

Series B in 2001
Tropic Networks, Inc. designs, develops, and markets regional and metro-area optical networking equipment for telephony, data, and cable applications. The company offers Wavelength Tracker, an optical transport solution that leverages SONET/SDH familiarity to deliver optical layer intelligence; and various services for Tropic Networks platform and its related products, including network design, planning and installation, operation and maintenance consulting, and evaluation and modeling of network architecture, as well as training and planned upgrades. It also provides Networks TRX-24000, a metro optical transport platform that delivers dense wavelength division multiplexing and optical add-drop multiplexing for a host of services in a package. The company offers metro-optimized network solution for carriers to plan, manage, and scale the MAN; and to address the need for bandwidth expansion, optical transport, wavelength identification, and wavelength management in regional and metropolitan-area optical networks. Its metro optical networking solution streamlines the underlying optical layer architecture of DWDM/ODAM networks. Tropic Networks, Inc. was founded in 2000 and is headquartered in Ottawa, Canada.

Morega Systems Inc.

Series B in 2010
Morega Systems Inc. is a software and consumer product company with advanced media mobility solutions for the digital home. Utilizing advanced transcoding, transcrypting and QoS aware streaming capabilities, Morega provides a complete solution for premium service operators and hardware vendors with high value applications such as side-loading, place-shifting and targeted ad insertion. Morega is dedicated to creating rich, new, media experiences for consumers through the introduction of innovative consumer products, software and applications that enable seamless content mobility for both premium and personal media content.

Diablo Technologies Inc.

Funding Round in 2012
Diablo is a private fabless semiconductor company formed in March 2002. Diablo is focused on designing large mixed signal ASIC products that require high data rates, low power, and low latency. The company specializes in deep sub-micron CMOS technology, and highly integrated bridging and switching products for the server and storage industries.

Avvasi Inc.

Series B in 2010
Avvasi Incorporated provides Quality of Experience (QoE) driven streaming video analytics, traffic management, and monetization solutions. The company offers Q-VUE, a network-based system that enables service providers to monitor, process, and analyze the video demographic and QoE of mobile video traffic; and Q-SRV, a traffic management solution that puts QoE at the center of the decision making process for the management and monetization of video traffic in mobile networks. It serves customers in Canada and internationally. The company was founded in 2008 and is based in Waterloo, Canada. As of August 19, 2016, Avvasi Incorporated operates as a subsidiary of NetScout Systems, Inc.

Cavendish Kinetics

Series B in 2006
Cavendish Kinetics, Inc. designs, manufactures, and markets tunable components for RF circuits for cellular handsets, laptops, netbooks, tablets, and other consumer wireless devices. It offers antenna tuners for various RF applications. The company offers its products directly to customers worldwide. Cavendish Kinetics, Inc. was founded in 1994 and is headquartered in San Jose, California with an additional office in s-Hertogenbosch, the Netherlands. As of October 4, 2019, Cavendish Kinetics, Inc. operates as a subsidiary of Qorvo, Inc.

MEMSIC, Inc.

Series B in 2001
MEMSIC Semiconductor Co., Ltd. is a Chinese enterprise that is engaged in the manufacture, research and development, and sale of microelectronic mechanical integration technology chips. MEMSIC is the first inertial sensor company in the world to integrate amicro mechanical system and mixed signal processing circuit into one single chip. MEMSIC utilizes standard CMOS craft and technology to embed additional functionality and create new products. It also enables the products to extend to more MEMS application fields in addition to acceleration sensors. With the combination of standard CMOS processes, MEMSIC has successfully produced over 20 types of level acceleration sensors with lower costs and higher performance.

Skystone Systems

Venture Round in 1997
Skystone Systems Corporation manufactures and markets semiconductor and sub-system chips for telecommunications and data communications equipment manufacturers. The company was founded in 1994 is based in Nepean, Canada.

NOVX Systems Inc.

Debt Financing in 2007
NOVX Systems Inc. develops and manufactures point-of-collection drug screening devices for the addiction treatment centers, drug courts, third party administrators, and school administrators. Its products include iMDx Analyzer that tests urine for drugs of abuse and adulterants; ezVu, a Web-based application that automates the chain of custody; PatientVu, a software platform designed to manage electronic healthcare records; PatientVu Pain, a multi-disciplinary Web-based EMR designed to enable the clients to manage their clinics and patients; and ClientVu, a software platform, which is designed to manage the electronic case records. The company was founded in 2001 and is based in Richmond Hill, Canada. As of March 6, 2014, NOVX Systems Inc. operates as a subsidiary of Qvella Corporation.

SiberCore Technologies

Series D in 2002
SiberCore Technologies Incorporated is a pure-play, Internet IC company developing high-value-added Application Specific Standard Products (ASSPs) for intelligent hardware-based switching and routing platforms, such as Gigabit / Terabit Routers and Layer 2 / 3 / 4 Ethernet Switches. The company's initial products are a family of high-speed high-capacity packet forwarding engines based on Content Addressable Memories (CAM technology) which overcome the performance bottleneck associated with the network's routing table look-up function. This emerging market has been created by the demands of the explosion in datacom traffic, coupled with the worldwide deployment of fiber optics and DWDM. These broadband deployments have shifted the bottleneck from the Access and Transport section of the network, to the Routers and Switches connecting to these pipes. The company's founding technical team gained industry-wide recognition for its world-class design expertise in this area at Nortel Networks. A veteran Executive team in all the functional divisions of the company supplements this preeminent technical team.

MEMSIC, Inc.

Series D in 2007
MEMSIC Semiconductor Co., Ltd. is a Chinese enterprise that is engaged in the manufacture, research and development, and sale of microelectronic mechanical integration technology chips. MEMSIC is the first inertial sensor company in the world to integrate amicro mechanical system and mixed signal processing circuit into one single chip. MEMSIC utilizes standard CMOS craft and technology to embed additional functionality and create new products. It also enables the products to extend to more MEMS application fields in addition to acceleration sensors. With the combination of standard CMOS processes, MEMSIC has successfully produced over 20 types of level acceleration sensors with lower costs and higher performance.

DragonWave

Post in 2016
DragonWave Inc. (DragonWave) is a provider of high-capacity Ethernet microwave solutions for Internet protocol (IP) networks. Its carrier-grade point-to-point Ethernet microwave systems transmit broadband voice, video and data, enabling service providers, government agencies, enterprises and other organizations to meet their bandwidth requirements. The principal application of the Company's products is wireless network backhaul. Its additional solutions include leased line replacement, last mile fiber extension and enterprise networks. DragonWave has a network of distributor and reseller partners globally. Its customers include carriers, service providers, utilities, WISP's and enterprises. The Company's products include packet microwave system, pseudowire systems, network configuration and protection, network management, flexible deployment and reach, and technical documents.

Ubiquity Software

Venture Round in 2000
Ubiquity Software is a developer of software applications using Session Initiation Protocol (SIP) technology.

Third Brigade

Series B in 2005
Third Brigade is a privately-held security and compliance software company headquartered in Ottawa, Canada. Trend Micro bought the business to accelerate its dynamic datacenter security strategy, and to provide customers with access to critical security and compliance software and vulnerability response services. These all contribute to protecting physical, virtual and cloud servers, and corporate endpoints, from sophisticated malware and malicious activity.

Diablo Technologies Inc.

Venture Round in 2014
Diablo is a private fabless semiconductor company formed in March 2002. Diablo is focused on designing large mixed signal ASIC products that require high data rates, low power, and low latency. The company specializes in deep sub-micron CMOS technology, and highly integrated bridging and switching products for the server and storage industries.

SiberCore Technologies

Series C in 2001
SiberCore Technologies Incorporated is a pure-play, Internet IC company developing high-value-added Application Specific Standard Products (ASSPs) for intelligent hardware-based switching and routing platforms, such as Gigabit / Terabit Routers and Layer 2 / 3 / 4 Ethernet Switches. The company's initial products are a family of high-speed high-capacity packet forwarding engines based on Content Addressable Memories (CAM technology) which overcome the performance bottleneck associated with the network's routing table look-up function. This emerging market has been created by the demands of the explosion in datacom traffic, coupled with the worldwide deployment of fiber optics and DWDM. These broadband deployments have shifted the bottleneck from the Access and Transport section of the network, to the Routers and Switches connecting to these pipes. The company's founding technical team gained industry-wide recognition for its world-class design expertise in this area at Nortel Networks. A veteran Executive team in all the functional divisions of the company supplements this preeminent technical team.

PixStream

Venture Round in 2010
PixStream is a technology company that engages in the development of video networking solutions. Their systems are designed to adapt TV signals to any type of network. The PixStream system consists of complete video head-ends that allows service providers to offer converged services over their existing networks. PixStream was founded by Marc Morin and Brad Siim in 1996; and is headquartered in Waterloo, Ontario.

Diablo Technologies Inc.

Series C in 2016
Diablo is a private fabless semiconductor company formed in March 2002. Diablo is focused on designing large mixed signal ASIC products that require high data rates, low power, and low latency. The company specializes in deep sub-micron CMOS technology, and highly integrated bridging and switching products for the server and storage industries.

Protus IP Solutions

Venture Round in 1999
Protus IP Solutions, Inc. provides software-as-a-service communication tools for small to medium businesses and enterprise organizations. The company offers Internet fax, virtual PBX, and email marketing services. Additionally, it provides fax and voice broadcast services. The company markets its products under MyFax, my1voice, Campaigner, and CampaignerPro brand names. It caters to finance, insurance, real estate, healthcare, and transportation, and government sectors. Protus IP Solutions, Inc. was founded in 1997 and is based in Ottawa, Canada. As of December 6, 2010, Protus IP Solutions, Inc. operates as a subsidiary of j2 Global Communications, Inc.

Third Brigade

Series A in 2005
Third Brigade is a privately-held security and compliance software company headquartered in Ottawa, Canada. Trend Micro bought the business to accelerate its dynamic datacenter security strategy, and to provide customers with access to critical security and compliance software and vulnerability response services. These all contribute to protecting physical, virtual and cloud servers, and corporate endpoints, from sophisticated malware and malicious activity.

Peraso Technologies

Series C in 2016
Peraso Technologies Inc. operates as a fabless semiconductor company. The company focuses on the development of array antenna solutions, 60 GHz wireless chip sets and solutions compliant with the IEEE 802.11ad specification. Its products include W120, X710, and X610 Chipset. The company serves to mobile segment, which includes smartphones, tablets, and digital cameras. Peraso Technologies Inc. was founded in 2008 and is based in Toronto, Canada.

March Networks

Venture Round in 2000
March Networks As a leading provider of IP video software and systems, They work with certified partners and customers worldwide to transform video into usable business intelligence. They give them the tools they need to enhance security, mitigate risk, and reduce losses from theft and fraud. They then deliver on the true power of video with integrated applications that let them see what’s happening in their organization, and make informed decisions to improve performance and profitability.

Corsa Technology Inc.

Series B in 2015
Corsa Technology Inc., a networking hardware company, delivers programmable data planes for Software Defined Networking (SDN). The company offers OpenFlow data planes that provide programmability, scalability, and agility for OpenFlow SDNs. Its data planes are used for router bypass and router replacement for SDN in WAN; 100gigabit transcontinental links; network appliances and network functions virtualization (NFV); and solving forwarding problems that traverse the network from data center to desktop and from cloud to device. The company was founded in 2011 and is based in Ottawa, Canada.

NOVX Systems Inc.

Series C in 2008
NOVX Systems Inc. develops and manufactures point-of-collection drug screening devices for the addiction treatment centers, drug courts, third party administrators, and school administrators. Its products include iMDx Analyzer that tests urine for drugs of abuse and adulterants; ezVu, a Web-based application that automates the chain of custody; PatientVu, a software platform designed to manage electronic healthcare records; PatientVu Pain, a multi-disciplinary Web-based EMR designed to enable the clients to manage their clinics and patients; and ClientVu, a software platform, which is designed to manage the electronic case records. The company was founded in 2001 and is based in Richmond Hill, Canada. As of March 6, 2014, NOVX Systems Inc. operates as a subsidiary of Qvella Corporation.

Synad Technologies

Series B in 2002
Synad is a fast-growing UK startup that has rapidly revealed itself as one of the most successful WLAN fabless companies and one of the few able to deliver a full dual-band multi-standard solution. Synad has a proven multimode full CMOS production-ready chipset and reference design, and powerful software suites for both wireless-LAN access point and client applications.

Corsa Technology Inc.

Series A in 2013
Corsa Technology Inc., a networking hardware company, delivers programmable data planes for Software Defined Networking (SDN). The company offers OpenFlow data planes that provide programmability, scalability, and agility for OpenFlow SDNs. Its data planes are used for router bypass and router replacement for SDN in WAN; 100gigabit transcontinental links; network appliances and network functions virtualization (NFV); and solving forwarding problems that traverse the network from data center to desktop and from cloud to device. The company was founded in 2011 and is based in Ottawa, Canada.

Fresco Microchip

Series B in 2008
Fresco Microchip is a fabless semiconductor company that has taken a different approach to an old problem - the challenge of converting analog to digital. Focused on the broad consumer electronics market, the company uniquely brings together three core technologies: next-generation RF, mixed-signal and digital signal processing (DSP). Television level video quality has long been the goal of legacy demodulator designers using digital technology. Fresco uses Agile Signal Processing (agileSPâ„¢) technology to create universal legacy demodulation in low cost CMOS. Digital technology provides television quality video without the part to part variation of the traditional analog implementation. Combining digital demodulation technology with patentable iSAWâ„¢ and agileSPâ„¢ provides the complete hybrid solution.

Fresco Microchip

Series A in 2005
Fresco Microchip is a fabless semiconductor company that has taken a different approach to an old problem - the challenge of converting analog to digital. Focused on the broad consumer electronics market, the company uniquely brings together three core technologies: next-generation RF, mixed-signal and digital signal processing (DSP). Television level video quality has long been the goal of legacy demodulator designers using digital technology. Fresco uses Agile Signal Processing (agileSPâ„¢) technology to create universal legacy demodulation in low cost CMOS. Digital technology provides television quality video without the part to part variation of the traditional analog implementation. Combining digital demodulation technology with patentable iSAWâ„¢ and agileSPâ„¢ provides the complete hybrid solution.

Orchestream

Venture Round in 1998
Orchestream Holdings plc provides service activation and performance management software to global telecommunications network operators. Its product, Orchestream Service Activator, enables managers of large scale Internet protocol and broadband networks to automate the configuration tasks associated with network management and service activation to deliver real time, dynamic network services on commonly deployed network hardware using common network standards. Orchestream Resolve, another product, offers network performance and service level agreement management applications. Resolve gives network operators better visibility into network and service performance, identifies capacity bottlenecks, and cuts the costs associated with service level agreement rebates and quality of service disputes.

OctigaBay Systems

Seed Round in 2003
OctigaBay Systems are developing highly advance computing solutions.

Redmere Technology

Series B in 2009
RedMere develops active cable semiconductor solutions. The company offers EyeWire, a low power signal conditioning active chip technology, which is embedded within the cable to create smart HDMI active cables for consumer multimedia, gaming, home theater, mobile phone, digital video cameras or digital video still cameras, and PC markets; and VerifEye, an active cable manufacturing test platform that enables the rapid testing of active cable solutions based on EyeWire chip technology. RedMere was founded in 2004 and is headquartered in Balbriggan, Ireland.

Nuvyyo Inc.

Series B in 2020
Nuvyyo, based in Ottawa, Ontario, Canada, was founded in 2010 with the vision of reinventing the home media experience for consumers in the U.S. and Canada. Building on its first mobile media streaming system, the company launched Tablo in 2014, the first app-enabled DVR for Over-the-Air TV. Today, customers across the United States and Canada use Tablo to discover, watch and record free TV from their antenna on any device, anytime, anywhere in the world.

Auvik Networks Inc.

Series B in 2017
Auvik’s cloud-based software simplifies and automates network monitoring and management for IT managed service providers. Auvik gives MSPs better visibility, documentation, and monitoring for their client networks, and automates many time-consuming network tasks. With Auvik, MSPs have an efficient and profitable way to manage their client networks. Visit www.auvik.com or follow @AuvikNetworks on Twitter. Auvik is a registered trademark of Auvik Networks Inc.

Global Silicon

Series B in 2005
Global Silicon Limited, a fabless semiconductor company, engages in the design, development, and manufacture of proprietary mixed signal chips for the consumer audio market. It offers CD servo controllers and high performance MP3 and windows media audio (WMA) decoders. The company also offers PCB modules, design wins, and xin servo/mp3/wma. Global Silicon Limited was formerly known as Cheap and Cheerful Chip Company Limited. The company was incorporated in 1997 and is based in Marlow, the United Kingdom with additional offices in Fenggang, Swavesey, and Cambridge, as well as in Shenzhen, the People's Republic of China. Global Silicon Limited is in receivership.

Auvik Networks Inc.

Seed Round in 2013
Auvik’s cloud-based software simplifies and automates network monitoring and management for IT managed service providers. Auvik gives MSPs better visibility, documentation, and monitoring for their client networks, and automates many time-consuming network tasks. With Auvik, MSPs have an efficient and profitable way to manage their client networks. Visit www.auvik.com or follow @AuvikNetworks on Twitter. Auvik is a registered trademark of Auvik Networks Inc.

NOVX Systems Inc.

Series B in 2005
NOVX Systems Inc. develops and manufactures point-of-collection drug screening devices for the addiction treatment centers, drug courts, third party administrators, and school administrators. Its products include iMDx Analyzer that tests urine for drugs of abuse and adulterants; ezVu, a Web-based application that automates the chain of custody; PatientVu, a software platform designed to manage electronic healthcare records; PatientVu Pain, a multi-disciplinary Web-based EMR designed to enable the clients to manage their clinics and patients; and ClientVu, a software platform, which is designed to manage the electronic case records. The company was founded in 2001 and is based in Richmond Hill, Canada. As of March 6, 2014, NOVX Systems Inc. operates as a subsidiary of Qvella Corporation.

Sirific Wireless

Series C in 2007
Sirific Wireless is a semiconductor company, designs and develops CMOS RF HEDGE transceivers for wireless communications market. The company offers monolithic multi-mode wireless design and digital direct conversion products; Harmony-direct upconversion transmitters; and NEXUS products, NexusRD. Its NEXUS platform combines HSDPA, WCDMA, EDGE, GPRS, and GSM with available on-chip receive diversity to deliver transceivers for multi-mode and multi-band wireless applications. The company has locations in Waterloo, Canada; Richardson, Texas; and Seoul, Korea. Sirific Wireless Limited was founded in 2000 and is headquartered in Richardson, Texas with additional offices in the United States, Canada, and Korea.

Overlay.tv

Series A in 2008
Overlay TV Inc., an interactive media company, provides a video commerce platform that enables Internet users, content owners, and e-commerce sites to monetize and customize their video assets by overlaying contextual information directly onto online video content and linking to external websites. The company was founded in 2007 and is headquartered in Ottawa, Canada.

KodaCloud Inc

Series A in 2015
KodaCloud Inc. provides Wi-Fi as a cloud-powered subscription service for network monitoring and troubleshooting using artificial intelligence and Big Data infrastructure. It captures real-time KPIs, analyzes trends, and makes adjustments without human intervention. The company offers its services through a web portal and mobile app. It serves enterprise customers in Canada. The company was formerly known as Art2Wave Inc. KodaCloud Inc. was founded in 2014 and is headquartered in Campbell, California with an additional office in Ontario, Canada.

Spectra7 Microsystems Inc.

Venture Round in 2012
Spectra7 Microsystems is a semiconductor company delivering unprecedented bandwidth, speed, and resolution to enable disruptive industrial design for leading consumer electronics manufacturers in virtual reality, augmented reality, data centers, and other connectivity markets. It specializes in the fields of wireless infrastructure and data center active cables.

nCipher

Venture Round in 1999
NCipher develops internet security products for e-commerce and public infrastructure applications

Movidius

Series B in 2010
Movidius is a vision processor company that designs compact, high-performance, ultralow power, computational imaging and vision processing chips, software, development tools and reference designs. Movidius’ architecture delivers a new wave of intelligent and contextually aware experiences for consumers in mobile and wearable devices, and other consumer and industrial camera applications. Movidius is headquartered in San Mateo, California. Movidius is a venture-backed start-up with investors including: AIB Seed Capital Fund, Atlantic Bridge, Capital-E, DFJ Esprit and Robert Bosch Venture Capital.

Corsa Technology Inc.

Series C in 2018
Corsa Technology Inc., a networking hardware company, delivers programmable data planes for Software Defined Networking (SDN). The company offers OpenFlow data planes that provide programmability, scalability, and agility for OpenFlow SDNs. Its data planes are used for router bypass and router replacement for SDN in WAN; 100gigabit transcontinental links; network appliances and network functions virtualization (NFV); and solving forwarding problems that traverse the network from data center to desktop and from cloud to device. The company was founded in 2011 and is based in Ottawa, Canada.

Peraso Technologies

Series B in 2014
Peraso Technologies Inc. operates as a fabless semiconductor company. The company focuses on the development of array antenna solutions, 60 GHz wireless chip sets and solutions compliant with the IEEE 802.11ad specification. Its products include W120, X710, and X610 Chipset. The company serves to mobile segment, which includes smartphones, tablets, and digital cameras. Peraso Technologies Inc. was founded in 2008 and is based in Toronto, Canada.

Redmere Technology

Venture Round in 2007
RedMere develops active cable semiconductor solutions. The company offers EyeWire, a low power signal conditioning active chip technology, which is embedded within the cable to create smart HDMI active cables for consumer multimedia, gaming, home theater, mobile phone, digital video cameras or digital video still cameras, and PC markets; and VerifEye, an active cable manufacturing test platform that enables the rapid testing of active cable solutions based on EyeWire chip technology. RedMere was founded in 2004 and is headquartered in Balbriggan, Ireland.

CanvasPop LLC

Series A in 2018
CanvasPop is a leader in on-demand printing and personalized photo art and photo gifts. Founded in 2009, the company focuses on providing world-class customer support, delivering the highest quality products, and is constantly innovating the way consumers can order personalized products online. CanvasPop has over 450,000 happy customers with printing and distribution facilities in the United States and Canada and ships across the EU.

Nuvyyo Inc.

Series A in 2013
Nuvyyo, based in Ottawa, Ontario, Canada, was founded in 2010 with the vision of reinventing the home media experience for consumers in the U.S. and Canada. Building on its first mobile media streaming system, the company launched Tablo in 2014, the first app-enabled DVR for Over-the-Air TV. Today, customers across the United States and Canada use Tablo to discover, watch and record free TV from their antenna on any device, anytime, anywhere in the world.

Sirific Wireless

Venture Round in 2002
Sirific Wireless is a semiconductor company, designs and develops CMOS RF HEDGE transceivers for wireless communications market. The company offers monolithic multi-mode wireless design and digital direct conversion products; Harmony-direct upconversion transmitters; and NEXUS products, NexusRD. Its NEXUS platform combines HSDPA, WCDMA, EDGE, GPRS, and GSM with available on-chip receive diversity to deliver transceivers for multi-mode and multi-band wireless applications. The company has locations in Waterloo, Canada; Richardson, Texas; and Seoul, Korea. Sirific Wireless Limited was founded in 2000 and is headquartered in Richardson, Texas with additional offices in the United States, Canada, and Korea.

Envenio

Venture Round in 2017
Fast and affordable CFD, on-demand, on a HPC cloud. Envenio was incorporated in response to a significant shift in computer hardware design toward low-cost, powerful computing architectures. These new devices house thousands of processors and enable engineers to significantly expand the scope of scientific computation. It was apparent that the hardware trends were creating an opportunity for a business that would serve industry needs for more rapid, higher accuracy engineering and scientific computer simulations – a company that would aid them in transitioning from hardware architectures of the past.

SiberCore Technologies

Series A in 1999
SiberCore Technologies Incorporated is a pure-play, Internet IC company developing high-value-added Application Specific Standard Products (ASSPs) for intelligent hardware-based switching and routing platforms, such as Gigabit / Terabit Routers and Layer 2 / 3 / 4 Ethernet Switches. The company's initial products are a family of high-speed high-capacity packet forwarding engines based on Content Addressable Memories (CAM technology) which overcome the performance bottleneck associated with the network's routing table look-up function. This emerging market has been created by the demands of the explosion in datacom traffic, coupled with the worldwide deployment of fiber optics and DWDM. These broadband deployments have shifted the bottleneck from the Access and Transport section of the network, to the Routers and Switches connecting to these pipes. The company's founding technical team gained industry-wide recognition for its world-class design expertise in this area at Nortel Networks. A veteran Executive team in all the functional divisions of the company supplements this preeminent technical team.

Peraso Technologies

Series A in 2010
Peraso Technologies Inc. operates as a fabless semiconductor company. The company focuses on the development of array antenna solutions, 60 GHz wireless chip sets and solutions compliant with the IEEE 802.11ad specification. Its products include W120, X710, and X610 Chipset. The company serves to mobile segment, which includes smartphones, tablets, and digital cameras. Peraso Technologies Inc. was founded in 2008 and is based in Toronto, Canada.

Diablo Technologies Inc.

Series B in 2008
Diablo is a private fabless semiconductor company formed in March 2002. Diablo is focused on designing large mixed signal ASIC products that require high data rates, low power, and low latency. The company specializes in deep sub-micron CMOS technology, and highly integrated bridging and switching products for the server and storage industries.

Tropic Networks

Series A in 2000
Tropic Networks, Inc. designs, develops, and markets regional and metro-area optical networking equipment for telephony, data, and cable applications. The company offers Wavelength Tracker, an optical transport solution that leverages SONET/SDH familiarity to deliver optical layer intelligence; and various services for Tropic Networks platform and its related products, including network design, planning and installation, operation and maintenance consulting, and evaluation and modeling of network architecture, as well as training and planned upgrades. It also provides Networks TRX-24000, a metro optical transport platform that delivers dense wavelength division multiplexing and optical add-drop multiplexing for a host of services in a package. The company offers metro-optimized network solution for carriers to plan, manage, and scale the MAN; and to address the need for bandwidth expansion, optical transport, wavelength identification, and wavelength management in regional and metropolitan-area optical networks. Its metro optical networking solution streamlines the underlying optical layer architecture of DWDM/ODAM networks. Tropic Networks, Inc. was founded in 2000 and is headquartered in Ottawa, Canada.

Coherent Path

Venture Round in 2019
Coherent Path’s science-driven personalization empowers retailers to build meaningful relationships with their customers – increasing revenue and differentiating their brand today, while maximizing lifetime value. We go far beyond first-generation recommendation tools by helping retailers identify the best path ahead for each customer. Using this groundbreaking approach, retailers of all sizes can personalize the customer journey through any channel with multi-step offers that increase revenue, drive engagement, and inspire loyalty.

Ontology Systems

Venture Round in 2008
Ontology applies the power, simplicity and speed of semantic search to gain insight into all enterprise application data replacing traditional data integration. In the same way that Google made it possible to find any “String” in The Internet via text search, Ontology makes it possible to find any “Thing”, (a linked business entity) across enterprise data and applications via just-enough semantic modelling and graph-search. This means the ability to search and link core applications, databases, big data sources, files, spread sheets, documents, emails…anywhere, without the cost and risk of integration. Ontology Systems is revolutionising how companies use their applications and data.

Sirific Wireless

Series B in 2004
Sirific Wireless is a semiconductor company, designs and develops CMOS RF HEDGE transceivers for wireless communications market. The company offers monolithic multi-mode wireless design and digital direct conversion products; Harmony-direct upconversion transmitters; and NEXUS products, NexusRD. Its NEXUS platform combines HSDPA, WCDMA, EDGE, GPRS, and GSM with available on-chip receive diversity to deliver transceivers for multi-mode and multi-band wireless applications. The company has locations in Waterloo, Canada; Richardson, Texas; and Seoul, Korea. Sirific Wireless Limited was founded in 2000 and is headquartered in Richardson, Texas with additional offices in the United States, Canada, and Korea.

DNA13

Series A in 2007
dna13 Inc. provides on-demand software solutions for brand and reputation management. It offers dnaEnterprise, a public relations and corporate communications software suite that helps organizations to manage, monitor, and measure their brand and reputation in real-time; and dnaMonitor, a media monitoring software for real-time insight into brand, reputation, competitors, and industry issues. The company also provides consulting, training, and implementation services for its software portals. Its dnaEnterprise software consolidates media content sources, critical brand data, and stakeholder information into a brand data warehouse, as well as provides a suite of integrated applications to help organizations manage and automate the end-to-end public relations processes. The company serves corporate communications, public relations, investor relations, government relations, human resources, and legal staff in corporations. dna13 Inc. has strategic partnerships with CNW Group, PR Newswire, Bulldog Reporter, Dialog, Critical Mention Inc., Moreover Technologies, Nielsen BuzzMetrics, BurrellesLuce, Nielsen Media Research, ComScore, SRDS Media Solutions, NADbank, and BBM. The company was founded in 2001 and is based in Ottawa, Canada.

eBillme

Venture Round in 2008
eBillme™ is the most secure way to pay online and the only online payment solution that extends the convenience of online banking to the merchant’s checkout process. The service enhances security for online shoppers, and enables merchants to increase sales while reducing transaction costs. Consumers can shop online and pay for their purchases at their bank, credit union, or bill pay portal using the security and convenience of online banking or by paying the bill at over 75,000 walk-in locations. eBillme is available at ober 800+ online retailers including Sears, Kmart, TigerDirect, ShoeBuy, and more. For more information, please visit www.eBillme.com.

ITF Optical Technologies

Venture Round in 2000
ITF optical technologies offers fiber bragg gratings for a range of applications, such as pump lockers, GFFs, and fiber laser mirrors; passive multimode components for high power fiber laser and amplifier manufacture; phase demodulators for terrestrial, submerged, and military applications; FBG based sensors, such as unpackaged FBG, strain, and temperature sensors; OEM telecom and industrial amplifier assemblies; and lasers for the photonics industry.

FileFacets Inc.

Series A in 2016
FileFacets' cloud data analytics and content migration platform makes it easy for businesses to manage and migrate data by automating the categorization of data, the attribution of file metadata and the migration of unstructured content from multiple sources into structured ECMs. FileFacets' automatic file sorting algorithms make it simple for organizations to locate essential data. The solution can access and scan files without interruption and detect duplicate files before moving them. Additionally, FileFacets analyzes and leverages file metadata, as opposed to actual content, so an organization's data remains secure. As the only migration tool available as a pure SaaS solution, it is able to easily scale and support a number of users across multiple locations in a safe manner.

Redmere Technology

Series A in 2006
RedMere develops active cable semiconductor solutions. The company offers EyeWire, a low power signal conditioning active chip technology, which is embedded within the cable to create smart HDMI active cables for consumer multimedia, gaming, home theater, mobile phone, digital video cameras or digital video still cameras, and PC markets; and VerifEye, an active cable manufacturing test platform that enables the rapid testing of active cable solutions based on EyeWire chip technology. RedMere was founded in 2004 and is headquartered in Balbriggan, Ireland.

SiberCore Technologies

Series B in 2000
SiberCore Technologies Incorporated is a pure-play, Internet IC company developing high-value-added Application Specific Standard Products (ASSPs) for intelligent hardware-based switching and routing platforms, such as Gigabit / Terabit Routers and Layer 2 / 3 / 4 Ethernet Switches. The company's initial products are a family of high-speed high-capacity packet forwarding engines based on Content Addressable Memories (CAM technology) which overcome the performance bottleneck associated with the network's routing table look-up function. This emerging market has been created by the demands of the explosion in datacom traffic, coupled with the worldwide deployment of fiber optics and DWDM. These broadband deployments have shifted the bottleneck from the Access and Transport section of the network, to the Routers and Switches connecting to these pipes. The company's founding technical team gained industry-wide recognition for its world-class design expertise in this area at Nortel Networks. A veteran Executive team in all the functional divisions of the company supplements this preeminent technical team.

BlueArc

Series C in 2001
BlueArc is a leading provider of high performance unified network storage systems to enterprise markets, as well as data intensive markets, such as electronic discovery, entertainment, federal government, higher education, Internet services, oil and gas and life sciences. Their products support both network attached storage, or NAS, and storage area network, or SAN, services on a converged network storage platform. Aquired by HDS as of September 7th 2011.

Morega Systems Inc.

Series A in 2007
Morega Systems Inc. is a software and consumer product company with advanced media mobility solutions for the digital home. Utilizing advanced transcoding, transcrypting and QoS aware streaming capabilities, Morega provides a complete solution for premium service operators and hardware vendors with high value applications such as side-loading, place-shifting and targeted ad insertion. Morega is dedicated to creating rich, new, media experiences for consumers through the introduction of innovative consumer products, software and applications that enable seamless content mobility for both premium and personal media content.

Fresco Microchip

Venture Round in 2009
Fresco Microchip is a fabless semiconductor company that has taken a different approach to an old problem - the challenge of converting analog to digital. Focused on the broad consumer electronics market, the company uniquely brings together three core technologies: next-generation RF, mixed-signal and digital signal processing (DSP). Television level video quality has long been the goal of legacy demodulator designers using digital technology. Fresco uses Agile Signal Processing (agileSPâ„¢) technology to create universal legacy demodulation in low cost CMOS. Digital technology provides television quality video without the part to part variation of the traditional analog implementation. Combining digital demodulation technology with patentable iSAWâ„¢ and agileSPâ„¢ provides the complete hybrid solution.

Graphite Software Corp.

Series B in 2016
Graphite’s team has extensive experience building strong and easy to use security solutions for consumer devices and has been influential in this market. We see an opportunity in the BYOD market for Android phones and tablets where dual persona solutions are insecure, cumbersome to use and do not benefit the device owner. It easy to create solutions that are either easy to use, or super secure. But enterprises and consumers want both. As veterans in the device security business, we are re-defining mobile device security. Join us and together let’s make a difference when it comes to the next generation of secure computing.

KlashWerks Inc.

Seed Round in 2018
KlashWerks Inc., doing business as Raven, manufactures an always-on camera equipped security system that connects drivers with their cars. It provides Raven, a car technology, which allows users to monitor road conditions, auto security, and the whereabouts of other members with the help of cameras, navigation, diagnostics, data, and mobile app. The company was founded in 2015 and is based in Ottawa, Canada.

Graphite Software Corp.

Series A in 2013
Graphite’s team has extensive experience building strong and easy to use security solutions for consumer devices and has been influential in this market. We see an opportunity in the BYOD market for Android phones and tablets where dual persona solutions are insecure, cumbersome to use and do not benefit the device owner. It easy to create solutions that are either easy to use, or super secure. But enterprises and consumers want both. As veterans in the device security business, we are re-defining mobile device security. Join us and together let’s make a difference when it comes to the next generation of secure computing.

Cogency Semiconductor

Series B in 2000
Cogency Semiconductor is a provider of semiconductors for home networking.

Diablo Technologies Inc.

Series A in 2005
Diablo is a private fabless semiconductor company formed in March 2002. Diablo is focused on designing large mixed signal ASIC products that require high data rates, low power, and low latency. The company specializes in deep sub-micron CMOS technology, and highly integrated bridging and switching products for the server and storage industries.

Camilion Solutions

Series B in 2003
Camilion Solutions is a software company that provides product development and management solutions for its clients. It offers product configuration solutions such as ProductAuthority that automates the population of all ISO electronic content and updates and provides insurers with tools to analyze, update, and maintain ISO deviations. The company also provides policy administration solutions including PolicyAuthority that supports the entire policy administration lifecycle such as application data capture, qualification, rating, pricing, quote management, bind and issuance, and required policy transactions. It was founded in 2000 and is based in Markham, Ontario.

Peraso Technologies

Series A in 2009
Peraso Technologies Inc. operates as a fabless semiconductor company. The company focuses on the development of array antenna solutions, 60 GHz wireless chip sets and solutions compliant with the IEEE 802.11ad specification. Its products include W120, X710, and X610 Chipset. The company serves to mobile segment, which includes smartphones, tablets, and digital cameras. Peraso Technologies Inc. was founded in 2008 and is based in Toronto, Canada.

Diablo Technologies Inc.

Venture Round in 2013
Diablo is a private fabless semiconductor company formed in March 2002. Diablo is focused on designing large mixed signal ASIC products that require high data rates, low power, and low latency. The company specializes in deep sub-micron CMOS technology, and highly integrated bridging and switching products for the server and storage industries.

Movidius

Series A in 2008
Movidius is a vision processor company that designs compact, high-performance, ultralow power, computational imaging and vision processing chips, software, development tools and reference designs. Movidius’ architecture delivers a new wave of intelligent and contextually aware experiences for consumers in mobile and wearable devices, and other consumer and industrial camera applications. Movidius is headquartered in San Mateo, California. Movidius is a venture-backed start-up with investors including: AIB Seed Capital Fund, Atlantic Bridge, Capital-E, DFJ Esprit and Robert Bosch Venture Capital.

eBillme

Venture Round in 2006
eBillme™ is the most secure way to pay online and the only online payment solution that extends the convenience of online banking to the merchant’s checkout process. The service enhances security for online shoppers, and enables merchants to increase sales while reducing transaction costs. Consumers can shop online and pay for their purchases at their bank, credit union, or bill pay portal using the security and convenience of online banking or by paying the bill at over 75,000 walk-in locations. eBillme is available at ober 800+ online retailers including Sears, Kmart, TigerDirect, ShoeBuy, and more. For more information, please visit www.eBillme.com.

VirtenSys

Series A in 2006
VirtenSys was formed in 2005 to address a key problem in the IT industry. The IT industry today is caught between a 'rock and a hard place'. On one side IT budgets are severely constrained with analysts predicting single figure percentage growth for the foreseeable future. IT providers are expected to deliver increased value both in terms of reduced asset cost and 'Total Cost of Ownership'. This TCO factor is becoming dominated by issues like floor space, power consumption, thermal management and system maintenance costs. At the same time the workload on IT systems is increasing much faster than the budgets. More importantly however, the dynamics of the workload are also changing. Successful companies need to be more agile in responding to changing business conditions and need an IT infrastructure which can adapt equally fast. New business models are also emerging with analysts predicting that by 2010, 25% of all IT services will be supplied through utility computing models, requiring even more dynamic workload capabilities. To add to this challenge, the size of the industry, particularly with respect to the investment in software and systems, demands an evolutionary forward migration path. The industry does not tolerate 'fork lift' upgrades.

Auvik Networks Inc.

Series A in 2013
Auvik’s cloud-based software simplifies and automates network monitoring and management for IT managed service providers. Auvik gives MSPs better visibility, documentation, and monitoring for their client networks, and automates many time-consuming network tasks. With Auvik, MSPs have an efficient and profitable way to manage their client networks. Visit www.auvik.com or follow @AuvikNetworks on Twitter. Auvik is a registered trademark of Auvik Networks Inc.

Micron Technology, Inc.

Series C in 2009
Micron Ventures is a venture capital arm of Micron Technology, Inc. specializing in early stage investments. It seeks to invest in startups. The firm seeks to invest in technology companies particularly memory solutions, system-level solutions, semiconductor processing solutions, imaging technologies, embedded applications, computing, wireless, and other disruptive semiconductor technologies. The firm prefers to make investments of $100 million for a period of ten years in the portfolio companies. Micron Ventures was founded in 2006 and is based in Boise, Idaho. Micron Ventures operates as an investment arm of Micron Technology, Inc.

Sandvine Corporation

Venture Round in 2005
Sandvine is focused on protecting and improving the quality of experience on the Internet. Our award-winning network equipment and solutions help cable, DSL, FTTx, fixed wireless and mobile operators better serve their subscribers and understand network trends; offer new services; mitigate malicious traffic; manage network congestion; and deliver QoS-prioritized multimedia services. With customers in more than 70 countries serving over a hundred million broadband and wireless subscribers, Sandvine is enhancing the Internet experience worldwide.

Overlay.tv

Series B in 2008
Overlay TV Inc., an interactive media company, provides a video commerce platform that enables Internet users, content owners, and e-commerce sites to monetize and customize their video assets by overlaying contextual information directly onto online video content and linking to external websites. The company was founded in 2007 and is headquartered in Ottawa, Canada.

Tropic Networks

Series D in 2004
Tropic Networks, Inc. designs, develops, and markets regional and metro-area optical networking equipment for telephony, data, and cable applications. The company offers Wavelength Tracker, an optical transport solution that leverages SONET/SDH familiarity to deliver optical layer intelligence; and various services for Tropic Networks platform and its related products, including network design, planning and installation, operation and maintenance consulting, and evaluation and modeling of network architecture, as well as training and planned upgrades. It also provides Networks TRX-24000, a metro optical transport platform that delivers dense wavelength division multiplexing and optical add-drop multiplexing for a host of services in a package. The company offers metro-optimized network solution for carriers to plan, manage, and scale the MAN; and to address the need for bandwidth expansion, optical transport, wavelength identification, and wavelength management in regional and metropolitan-area optical networks. Its metro optical networking solution streamlines the underlying optical layer architecture of DWDM/ODAM networks. Tropic Networks, Inc. was founded in 2000 and is headquartered in Ottawa, Canada.

GotMarketing

Series C in 2001
GotMarketing is an email marketing software company founded to help businesses.

Movidius

Series C in 2011
Movidius is a vision processor company that designs compact, high-performance, ultralow power, computational imaging and vision processing chips, software, development tools and reference designs. Movidius’ architecture delivers a new wave of intelligent and contextually aware experiences for consumers in mobile and wearable devices, and other consumer and industrial camera applications. Movidius is headquartered in San Mateo, California. Movidius is a venture-backed start-up with investors including: AIB Seed Capital Fund, Atlantic Bridge, Capital-E, DFJ Esprit and Robert Bosch Venture Capital.