TechnoCap

TechnoCap is a Canadian venture capital fund based in Montreal, established in 1993. The firm specializes in investing in small and medium-sized technology companies across Canada. By focusing on this sector, TechnoCap aims to support the growth and development of innovative businesses, contributing to the broader technology landscape in the country.

Marc Balevi

President

Richard Prytula

Founder and Chairman

14 past transactions

YottaYotta

Venture Round in 2004
YottaYotta enables intelligent globally distributed SAN storage solutions. The YottaYotta NetStorager GSX 2400 provides a geographically aware storage utility. It offers a platform for both partners and customers to merge high availability, scalable performance, and multi-site data collaboration into one coherent offering. YottaYotta's NetStorager System has demonstrated near-local performance to remote locations while greatly reducing WAN traffic. At distances of 15,000 km, YottaYotta provides a 40-fold increase in I/O performance relative to traditional data sharing models. YottaYotta also delivers a new paradigm for high availability and business continuity, ensuring 24x7 operations are achieved. Founded in January 2000, YottaYotta is privately funded with offices in Edmonton AB and Alexandria VA.

FreeBalance

Series B in 2002
The foundation of democracy is good governance, and this can only be accomplished with sound fiscal management. They build the only public financial management solution powered by and built exclusively for government with these principles in mind: - Accountability - Transparency - Good governance Customers are at the core of everything they do. So much so that they include them in their product development process. They don’t repurpose enterprise solutions, they build with government, for government. They are more than a software company. They are a team of passionate, inspired people who build solutions to empower governments to do great things. They make a difference with their work. Global citizenship isn’t just a corporate buzzword, they live it every day. Their activities in countries at various levels of development all over the world bring them face-to-face with real world opportunities to make the world a better place. Working with governments is a special privilege that also carries with it a responsibility to uploading the highest standard of ethics. FreeBalance adheres to the most stringent code conduct that informs everything they do. Although they’re proudly Canadian, they’re citizens of the world. They don’t just sell to countries around the globe, they hire locally, develop strong regional ties and become part of their new communities.

Bibliomondo

Venture Round in 2002
Bibliomondo is a company that specialized in software development.

Hyperchip

Series D in 2002
Hyperchip (www.Hyperchip.com) is the Petabit Routing Company. Founded in 1997, Hyperchip is a privately held company funded by Siemens, Argo Global Capital (backed by the worlds leading telcos) and TechnoCap, Montreal's leading net-focused venture fund. The company is headquartered in Montreal. All financial figures included in this press release are cited in Canadian dollars. Hyperchip and the Petabit Routing Company are trademarks of Hyperchip Inc. Other trademarks identified in this release are the property of their respective companies.

Yottabyte NetStorage

Venture Round in 2001
The Yottabyte NetStorage Company.

Rakuten

Seed Round in 2001
Rakuten, Inc. is a prominent e-commerce and fintech service provider headquartered in Tokyo, Japan. Founded in 1997, the company operates a diverse ecosystem encompassing three main segments: Internet Services, FinTech, and Mobile. The Internet Services segment includes a variety of e-commerce platforms, such as Rakuten Ichiba, an online shopping mall, and Rakuten Travel, an online travel booking site. Additionally, it offers membership-based rewards programs and services for online grocery delivery and fashion. The FinTech segment provides a range of financial services, including banking, securities, credit cards, and insurance. The Mobile segment, which became significant in 2020, offers mobile network services and communication solutions. Rakuten also engages in agriculture with its organic produce delivery service. The company's loyalty program, Rakuten Super Points, enhances customer engagement by encouraging the use of its various services. Approximately 80% of Rakuten's revenue is generated from its operations in Japan, while it also serves markets in the Americas, Europe, and Asia.

BigBandwidth

Series A in 2001
BigBangwidth is an emerging leader in the nanomachining of all-optical grids for fiber-optic telecommunication networks. BigBangwidth Nanomachining Technology eliminates bottlenecks that exist within fiber optic networks, and generates an increase in bandwidth capacity. The company's flagship product, the BigBangwidth Grid, is used for wide area networks (WAN) and metro area networks (MAN) for telecommunications carriers.

Hyperchip

Series C in 2000
Hyperchip (www.Hyperchip.com) is the Petabit Routing Company. Founded in 1997, Hyperchip is a privately held company funded by Siemens, Argo Global Capital (backed by the worlds leading telcos) and TechnoCap, Montreal's leading net-focused venture fund. The company is headquartered in Montreal. All financial figures included in this press release are cited in Canadian dollars. Hyperchip and the Petabit Routing Company are trademarks of Hyperchip Inc. Other trademarks identified in this release are the property of their respective companies.

YottaYotta

Series B in 2000
YottaYotta enables intelligent globally distributed SAN storage solutions. The YottaYotta NetStorager GSX 2400 provides a geographically aware storage utility. It offers a platform for both partners and customers to merge high availability, scalable performance, and multi-site data collaboration into one coherent offering. YottaYotta's NetStorager System has demonstrated near-local performance to remote locations while greatly reducing WAN traffic. At distances of 15,000 km, YottaYotta provides a 40-fold increase in I/O performance relative to traditional data sharing models. YottaYotta also delivers a new paradigm for high availability and business continuity, ensuring 24x7 operations are achieved. Founded in January 2000, YottaYotta is privately funded with offices in Edmonton AB and Alexandria VA.

Kinaxis

Venture Round in 2000
Kinaxis Inc. is a provider of cloud-based subscription software designed to enhance supply chain operations across various industries, including aerospace, automotive, consumer products, high technology, life sciences, and pharmaceuticals. Its flagship product, RapidResponse, offers comprehensive supply chain planning and analytics capabilities, enabling users to manage processes such as demand and supply planning, inventory management, and order fulfillment. By integrating these functionalities into a single platform, Kinaxis allows customers to gain visibility and respond rapidly to changing conditions, resulting in improved operational efficiency. In addition to software solutions, Kinaxis also delivers professional services, including implementation, training, and technical support. Founded in 1984 and headquartered in Ottawa, Canada, the company operates in multiple regions, with a significant portion of its revenue generated from the United States.

VIPswitch

Series B in 2000
VIPswitch Inc. is the only developer of award winning Terabit Optical MAN switches and routers that guarantee QoS. VIPswitch products enable CLEC’s / ISP’s, IEC’s, and Multi-tenants customers to integrate multimedia and conventional data on the same network wire with guaranteed end-to-end QoS for all IP Video, Voice and Data communications. All this for a fraction of the cost of other vendors’ best efforts QoS solutions. VIPswitch uses independent parallel processing agents, built into programmable silicon, to yield a non-blocking architecture with multi-gigabit, guaranteed throughput. These agents operate at wire-speed to inspect each Video & Voice packet at Layer 5. These high priority packets are given absolute priority to deliver flawless video and audio quality without jitter or delay. Data packets are then interleaved in the open slots between the video and voice packets. VIPswitch products are fully compatible with existing networks by Cisco, 3Com, Lucent, Nortel and others.

YottaYotta

Series A in 2000
YottaYotta enables intelligent globally distributed SAN storage solutions. The YottaYotta NetStorager GSX 2400 provides a geographically aware storage utility. It offers a platform for both partners and customers to merge high availability, scalable performance, and multi-site data collaboration into one coherent offering. YottaYotta's NetStorager System has demonstrated near-local performance to remote locations while greatly reducing WAN traffic. At distances of 15,000 km, YottaYotta provides a 40-fold increase in I/O performance relative to traditional data sharing models. YottaYotta also delivers a new paradigm for high availability and business continuity, ensuring 24x7 operations are achieved. Founded in January 2000, YottaYotta is privately funded with offices in Edmonton AB and Alexandria VA.

Hyperchip

Series B in 1999
Hyperchip (www.Hyperchip.com) is the Petabit Routing Company. Founded in 1997, Hyperchip is a privately held company funded by Siemens, Argo Global Capital (backed by the worlds leading telcos) and TechnoCap, Montreal's leading net-focused venture fund. The company is headquartered in Montreal. All financial figures included in this press release are cited in Canadian dollars. Hyperchip and the Petabit Routing Company are trademarks of Hyperchip Inc. Other trademarks identified in this release are the property of their respective companies.

Hyperchip

Series A in 1997
Hyperchip (www.Hyperchip.com) is the Petabit Routing Company. Founded in 1997, Hyperchip is a privately held company funded by Siemens, Argo Global Capital (backed by the worlds leading telcos) and TechnoCap, Montreal's leading net-focused venture fund. The company is headquartered in Montreal. All financial figures included in this press release are cited in Canadian dollars. Hyperchip and the Petabit Routing Company are trademarks of Hyperchip Inc. Other trademarks identified in this release are the property of their respective companies.