Difference Capital invests in Hootsuite

Hootsuite CEO Ryan Holmes: "The OMERS investment took decreased execution risk and allowed us to remain developing product vs focusing on exit, which is what is best for our team, and our users. We’ve been able to continue releasing new features, apps, and partnerships since. "

Difference Capital (TSX:DCF) has placed a bet on Vancouver social media heavyweight Hootsuite. The investment was confirmed today by tweets sent from the account of Difference Capital Managing Partner Tom Liston. The undisclosed amount of money was part of a the company’s recent $60-million financing, which is believed to be led by Boston-based Fidelity, described […]

Five Interesting New Tech Stocks on the TSX Venture Exchange

Slyce, which went public through a reverse merger with Oculus Ventures this past summer, is the second notable firm out of Cameron Chell's Calgary's Calgary-based Business Instincts Group, which also spawned Urthecast.

An IPO isn’t the only way to go public. While we wait, fingers-crossed, for the dam to burst on Canada’s tech IPO scene, unveiling the Hootsuites and Shopifys and Desire2Learns to the world, a number of interesting companies have been trickling into the market, mostly in the form of CPCs and Qualifying Transactions. These aren’t, […]

The Geek’s Reading List; September 19th Edition

Piccioni: "Mark 2014 as the year Apple invented musical malware."

This has been a relatively quiet week for technology as most of the coverage was driven by Apple’s marketing efforts to convince people of unprecedented demand for its latest products. There were a few setbacks in the world of “alternate energy”, however, those are to be expected. Topical trends include autonomous (“self-driving”) vehicles and 3D […]

Difference Capital leads first tranche of $12-million Series D in Carta Worldwide

Carta Worldwide CTO Rui Mendes talks to CBC about the company's move to PEI.

Just in time for the launch of Apple’s entry into the mobile payment space, Apple Pay, Carta Worldwide has closed the first tranche of a $12-million Series D. Led by Toronto-based merchant bank Difference Capital and DC Thomson (UK), the $7-million investment will add to the more than $50-million the company has invested in its […]

EA Feels the Wrath of Fans Over NHL 15 Flub

NHL 15

In 1992, the NHL introduced the “instigator” rule, handing an extra two-minute minor penalty to a player who starts a fight. Here in 2014, many video game fans think the book should be thrown at video game maker Electronic Arts for their efforts on the latest version of their wildly popular NHL franchise. But will […]

Industry Insight: Medical Marijuana

medical marijuana canada

Key Takeaways -Patient enrollment at the current pace may surpass Health Canada projections within 18-24 months -Near- to mid-term demand projected to be satisfied by current licensees supported by production capacity expansion programs -Maintain our thesis that a fewer number of larger capacity producers is desired versus many small producers -Early licensees have significant first […]

Growth Monday looks to accelerate tech’s return to Bay Street

houston's

Two years ago, I was a frustrated fifteen year technology investment banker in Toronto looking at a Canadian investment landscape dominated by the commodities investment thesis to the exclusion of virtually everything else. I realized that the investment banks that purported to serve the needs of small cap non resource growth companies were failing on […]

Cormark analyst Richard Tse wins Brendan Wood Top Gun Award for Canadian Tech

Brendan Wood, Chairman of Brendan Wood International.

Cormark Securities analyst Richard Tse has won the 2014 Brendan Wood International award for top high tech analyst in Canada. The awards, which were handed out in mid-August, celebrate what Brendan Wood says is the “highest accreditation available” because it is based on institutional commission dollars as well as the quality of each analyst’s work. […]