Cloud Rewind 15m series

Cloud Rewind 15m series

OTTAWA CLOUD BACKUP STARTUP REWIND RAISES $19 MILLION CAD

Rewind, which offers cloud backup solutions for Shopify merchants, has raised $19 million CAD in a Series B round of funding. The round was led by Canaccord Genuity and included participation from existing investors Georgian Partners, Relay Ventures, and BDC Capital. As part of the deal, Canaccord Genuity’s David Kwan will join Rewind’s board. Rewind will use the new funding to further its international expansion, with plans to launch in the US, Europe, and Asia. The company will also expand its product offerings. “We’ve been able to help thousands of entrepreneurs grow their businesses by protecting them against data loss and downtime,” said CEO Mike Potter. “This funding will help us expand our product and reach, and continue to build a company that helps entrepreneurs thrive.”

ONLINE LEARNING PLATFORM LEARNIQUE RAISES $1.9 MILLION CAD

Learnique, an online learning platform that provides online courses for students and professionals, has raised $1.9 million CAD in seed funding. The round was led by Real Ventures and included participation from Acceleprise Ventures, FJ Labs, and angels such as Jonathan Bixby and Adam Chowaniec. Learnique will use the new funding to accelerate its product development and expand its operations. “The Learnique team has built a powerful platform that has demonstrated incredible success in helping students and professionals learn and grow,” said Real Ventures partner John Stokes. “We’re excited to partner with them to help them accelerate their growth.” Cloud Rewind 15m series

TORONTO-BASED B2B MARKETPLACE TECHNOLOGY COMPANY INNOSCRIBE RAISES $1.5 MILLION CAD

InnoScribe, which operates a B2B marketplace connecting businesses with technology service providers, has raised $1.5 million CAD in seed funding. The round was led by Real Ventures and included participation from Golden Ventures, Frontline Ventures, and angels including Peter Misek, Mike Edwards, and Derek Smyth. InnoScribe will use the new funding to accelerate its product development and expand its sales and marketing efforts. “InnoScribe is a company that we’ve had our eye on for a while,” said Real Ventures partner John Stokes. “The team has built a powerful platform that is helping companies find the right technology services to meet their needs. We’re excited to partner with them to help them accelerate their growth.”

TORONTO-BASED SMART HOME COMPANY NEST LABS RAISES $1.5 MILLION CAD

Nest Labs, which operates a smart home platform that helps people manage their homes, has raised $1.5 million CAD in seed funding. The round was led by Real Ventures and included participation from Relay Ventures, Golden Ventures, and angels including Peter Misek, Mike Edwards, and Derek Smyth. Nest Labs will use the new funding to accelerate its product development and expand its sales and marketing efforts. “Nest Labs has built a powerful platform that is helping people manage their homes,” said Real Ventures partner John Stokes. “We’re excited to partner with them to help them accelerate their growth.” Cloud Rewind 15m series

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