Tech Company Financing Transactions

Vantrix Funding Round

On 5/11/2010, Vantrix secured $14 million in Series C investment from Tudor Ventures, BDC Venture Capital and Entrepia.

Transaction Overview

Company Name
Vantrix
Announced On
5/11/2010
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series C
Investors

Tudor Ventures (Lead Investor) (Daniel MacKeigan)

BDC Venture Capital

Entrepia

Innovacom

JK&B Capital (Ali Shadman )

Summerhill Venture Partners (Joseph Catalfamo)

Proceeds Purpose
The new working capital will serve to help Vantrix expand its operations following on the growth the company has experienced and further anticipates in video delivery and bandwidth optimization.

Company Information

Company Status
Private & Independent
Industry
Mobile
Mailing Address
910 rue Peel G1
Montreal QC, H3C 2H8
Canada
Phone
(514) 866-1717
Website
www.vantrix.com
Email Address
[email protected]
Overview
Vantrix was incorporated in April 2004, as a spin-off of its parent company, VoiceAge Corporation, a recognized global leader in the area of low-bit rate audio compression.
Profile
Vantrix LinkedIn Company Profile
Social Media
Vantrix Company Twitter Account
Company News
Vantrix News
Facebook
Vantrix on Facebook
YouTube
Vantrix on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jean Mayrand
  Jean Mayrand LinkedIn Profile  Jean Mayrand Twitter Account  Jean Mayrand News  Jean Mayrand on Facebook
Chief Financial Officer
Elie Daher
  Elie Daher LinkedIn Profile  Elie Daher Twitter Account  Elie Daher News  Elie Daher on Facebook
Vice President
Kjell Kolstad
  Kjell Kolstad LinkedIn Profile  Kjell Kolstad Twitter Account  Kjell Kolstad News  Kjell Kolstad on Facebook
VP - Bus. Development
Mark Hopper
  Mark Hopper LinkedIn Profile  Mark Hopper Twitter Account  Mark Hopper News  Mark Hopper on Facebook
VP - Engineering
Francis Labonté
  Francis Labonté LinkedIn Profile  Francis Labonté Twitter Account  Francis Labonté News  Francis Labonté on Facebook

 

 

Browse more venture capital transactions:

Prev: 5/11/2010: Swipely venture capital transaction
Next: 5/11/2010: Astute Medical venture capital transaction

 

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