Month: September 2011

Editorial – Telegraph Journal | link to original The rapid rise and profitable sale of Fredericton technology firm Radian6 has been hailed as the greatest Canadian venture capital success story in five years. This home-grown company proved that New Brunswick businesses can be leaders in the hi...

By Geoff Bird – Telegraph Journal | link to original article The New Brunswick Innovation Foundation announced on Thursday it earned a colossal windfall from the sale of its stake in Radian6.The non-profit foundation said it netted $9.25 million through Salesforce.com's (NYSE:CRM) acquisit...

The New Brunswick Innovation Foundation (NBIF) today reported an investment return of $9.25 million from the sale of its stake in Radian6 Technologies. NBIF exited the Fredericton, New Brunswick-based social media monitoring company in May 2011 after its acquisition by Salesforce.com (NYSE:CRM). “...

By Christine Dobby – Financial Post | link to original article or proof that taking a chance on tech startups can pay off, look no further than the New Brunswick Innovation Foundation’s return on its investment in Radian6. The corporation announced Wednesday it made $9.25-million from the sa...

CBC News | link to original article The New Brunswick Innovation Foundation earned $9.25 million after selling its stake of Radian6 Technologies earlier this year, the agency announced on Wednesday. The social media-monitoring company was sold to Salesforce.com for $326 million in March and the NBIF...