Venture Capital

By Polly Leger – Telegraph Journal | link to original article A $50-million regional venture capital fund could quench Atlantic Canada's capital “drought.” Over the weekend, New Brunswick pledged $15 million to a regional venture capital investment fund floated by Nova Scotia i...

By Progress Magazine | link to original article A Fredericton company’s exclusive technology and its use in civil infrastructure management has caught the eye of the Canadian government. The significant potential of Inversa Systems Limited’s Backscatter Computed Tomography (BCT) technology to he...

With much anticipation, Radian6 successfully closed its sale to Salesforce.com (NYSE:CRM) on May 2, 2011. For NBIF, a founding shareholder in the company, the proceeds of the sale will allow the Foundation to continue to help start up even more growth companies in New Brunswick. Read the article in ...

By Quentin Casey – Telegraph Jounal | link to original article Radian6, the darling of New Brunswick’s emerging technology sector, has officially been sold to a San Francisco-based cloud computing company. Late Monday, Salesforce.com (NYSE:CRM) announced its acquisition of Fredericton-ba...

By Quentin Casey – Telegraph Journal | link to original article Life is about to change profoundly for a good number of Radian6's 350 employees. The company's multi-million-dollar buyout by a San Francisco tech company will likely be finalized early next week. When the deal closes, mil...