McRock Capital Announces Initial Closing of New $50M Fund

McRock Capital, the Toronto-based investment firm cofounded by Scott MacDonald and Whitney Rockley, has announced the initial close on a new $50 million fund for Industrial Internet companies. |
Cisco plans $4B investment in Ontario, could create 1,700 jobs

Cisco Systems Inc. is making a major bet on Ontario, with investment plans for up to $4 billion to build research and development facilities that are expected to create up to 1,700 high tech jobs... |
Oculus VR Raises $75M To Help Bring Virtual Reality Goggles To The Masses

The road to immersive virtual reality has been a long and strange one - it was fodder for wide-eyed futurists and engineers for years before it became painfully clear that the sorts of experiences... |
iBeacon Pioneers Estimote Raise $3.1M Seed Round

Jakub Krzych, founder of Estimote, has announced a $3.1 million seed round raise from Innovation Endeavors, Betaworks, Bessemer Venture Partners, Birchmere Ventures, Valiant Capital Partners and... |
E.W. Scripps Acquires Internet-Video News Firm Newsy for $35M

The E.W. Scripps Co., which owns 19 local TV stations and newspapers in 13 markets, has acquired digital-video news provider Newsy for $35M as part of its strategy to build a national brand, the... |
Candy Crushed: IPO delayed by a game that's too successful

Candy Crush Saga is one of the biggest mobile games ever, so ubiquitous among Facebook users and mobile gamers that the company behind it has pumped the brakes on a planned initial public offering... |
OpenRoad Communications Acquires Digital Agency Mod7

OpenRoad Communications announced today that is has acquired creative agency Mod7. 18-year-old OpenRoad is one of Vancouver's largest independently owned web development firms and counts... |
Billionaire investor Icahn steps up pressure on Apple

Billionaire investor Carl Icahn said on Wednesday that he has filed a shareholder proposal with Apple for a much smaller stock buyback plan than he has advocated previously, as he continued to... |
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