Participated · Seed · Oct 2018

Beauceron Security provides a cybersecurity SaaS platform that helps organizations execute security awareness programs and turn employees into active participants in discovering and resolving phishing-based attacks. The company launched a patent-pending technology last year to give feedback to employees who report suspicious emails. Customers have seen an 85% decrease in phishing simulation clicks and a 99% increase in emails reported within 90 days; the company also says it delivers results 4x faster than market leaders. Beauceron serves over 680 clients worldwide, including large financial institutions, telecoms, government organizations and enterprises. The firm plans to leverage a growth capital facility from CIBC Innovation Banking to build new features and products and support market expansion. To date Beauceron has raised $5 million in equity capital from investors including BankTech Ventures, Independent Community Bankers of America (ICBA), Mariner Partners and the New Brunswick Innovation Foundation. Beauceron Security is a Fredericton-based, cloud platform that helps organizations manage and reduce cyber risk. Born from innovation developed at the University of New Brunswick’s IT department, its solution uses a proprietary algorithm to produce personal, departmental and organizational risk scores. The company serves more than 55 customers across finance, insurance, energy, manufacturing, IT, higher education and government, and counts tens of thousands of users in 27 countries. Beauceron has doubled its client base in the past three quarters and has partnered with national and regional security firms in Canada, the United States and Europe. It was the first Canadian company accepted to the CyLon accelerator. The funding announced will be used to build out the product roadmap, increase sales and marketing, and recruit new partner firms worldwide.

Participated · Seed · Feb 2013

Interview Rocket Ltd. is a Halifax, NS, Canada–based developer of an online Software-as-a-Service job candidate screening tool, founded by Craig Brown. Its product combines video recording technology with an online interface that allows recruiters to screen candidates faster than traditional telephone interviews. The company raised more than $250k in seed funding. Backers included First Angel Network, Cabot Technology Solutions and the Atlantic Canada Opportunities Agency. Interview Rocket intends to use the capital to accelerate development of new features and to implement a comprehensive marketing strategy.

Led · Equity · Oct 2012

TitanFile provides a web-based, enterprise-grade secure information-sharing and collaboration platform that enables professionals to exchange sensitive messages and large files from any device. Its platform emphasizes ease of use comparable to email while adding encryption and compliance controls (ISO 27001 and SOC 2 Type II). The company targets highly regulated industries such as legal, government, and financial services and positions its product to simplify workflows, improve productivity, and meet regulatory requirements. TitanFile plans to use new capital to scale sales and marketing initiatives and to accelerate its pipeline of new technology and products. The company was founded in 2011 and is based in Toronto. This financing represents the company’s first outside institutional capital. TitanFile is an online document-transfer startup based in Dartmouth, Nova Scotia, that offers an app allowing users to group contacts into real-time communication channels and drag-and-drop files into those channels from various file sources. The product works across multiple devices, including personal computers and tablets. Co-founded by CEO Milan Vrekic and CTO Tony Abou-Assaleh, a former Google engineer, the company intends to use new capital to advance its technology and expand into new markets. TitanFile raised $1.1M in funding from Innovacorp and members of the First Angel Network. The company is currently hiring. The funding was reported by FinSMEs on 11/10/2012.