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2003.02.04 - UPDATE: Tropic expects profit by 2004

Tropic Networks, one of the city's best funded startups, closed a third round of financing worth $30.3 million on Monday that should carry it through to profitability next year. The com... >>

2002.10.09 - SOLIDUM BECOMES IDT CANADA AS TAKEOVER WRAPS UP

OTTAWA -- The chief executive of California's Integrated Device Technology Inc. was in town Wednesday to wrap up the acquisition of Solidum Systems and mum is still the word on the value of the deal. ... >>

2002.02.25 - INNOVANCE LANDS HUGE FINANCING DEAL

OTTAWA -- Innovance Networks Inc. is set to announce today that it has landed a huge financing deal that will make it Canada's best-funded technology startup to date. Innovance, an Ottawa-based ... >>

2002.02.18 - DRAGONWAVE REELS IN $3.6 MILLION

DragonWave Inc. has ventured into the capital raising markets again, securing $3.6 million in debt financing from MM Venture Partners. The company, which is chaired and largely funded by Terry Mat... >>

2001.12.27 - DRAGONWAVE SECURES US$2.25 MILLION OF ADDITIONAL GROWTH CAPITAL

Toronto, Canada -- DragonWave, a leading supplier of high-performance, next-generation, intelligent millimetre wave radios, secured US$2.25 million in venture debt financing from the GATX/MM Ventu... >>

2001.09.10 - INNOVANCE TAPS FINANCIERS AGAIN

Highly touted telecom startup Innovance Networks has raised $26.5 million in debt financing, the Ottawa Business Journal has learned. Toronto-based MM Venture Partners (MMVP), which recently debt ... >>

2001.09.05 - TROPIC NETWORKS GARNERS $10 MILLION

Tropic Networks Inc., based in Ottawa, Ontario, and Andover, Mass., said it has secured $10 million in financing , following a $60 million second venture-capital round earlier this year. Silicon Vall... >>

2001.09.05 - VENTURE CAPITAL CONTINUES TO POUR INTO OPTICAL NETWORKS

Tropic Networks Inc.,a developer of optical packet networking systems, said on Wednesday it secured $10 million from a venture capital consortium, another sign that metro-area optical communicatio... >>

2001.08.16 - GATX/MM VENTURE FINANCE PARTNERSHIP PROVIDES EQUIPMENT FINANCING TO INNOVANCE NETWORKS

OTTAWA, Canada -- Innovance Networks, a privately-held company focusing on developing a next-generation, photonic backbone optical system, has just closed its latest round of financing by securing... >>

2001.07.14 - TROPIC NETWORKS RECEIVES US$10 MILLION VENTURE LOAN

OTTAWA, Canada -- Tropic Networks, an innovative company developing optical packet networking systems for carriers in metropolitan area networks, and the GATX/MM Venture Finance Partnership, a lea... >>

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