• Sidense

  Participated · Series C · Oct 2011

  Sidense Corp. is an Ottawa, Canada–based developer of silicon-proven embedded non-volatile memory (NVM) intellectual property (IP). Its NVM IP is designed to enable a wide range of electronic products powered by complex system-on-chip (SoC) semiconductors. Clients include tier 1 semiconductor companies. The company is led by President and CEO Xerxes Wania. Sidense recently won a patent battle against competitor Kilopass Technology Inc. Financially, the company received $1.1M in financing led by Espresso Capital Partners with participation from Trellis Capital Corp. Sidense Corp. is an Ottawa, Canada-based developer of Logic Non-Volatile Memory (LNVM) one-time programmable (OTP) memory IP cores. Its LNVM-OTP IP is designed for use in standard-logic CMOS processes. Customers use the company’s OTP for analog trimming, code storage, encryption keys such as HDCP and WHDI, RFID and Chip ID, medical and automotive applications, and configurable processors and logic. The company is led by Andrew Abouchar (Chairman of the Board) and Xerxes Wania (CEO and President). Sidense raised an additional $5.6m in Series C funding and intends to use the proceeds to develop new products. Investors in the round include Ontario Emerging Technologies Fund, Tech Capital Partners, VentureLink, and Vertex Venture Capital. Sidense Corp. is an Ottawa-based provider of memory IP for use in standard-logic CMOS processes. The company offers embedded non-volatile memory (NVM) products for use in complex integrated circuits and systems-on-chips (SoCs). Semiconductor and electronic systems companies incorporate Sidense memory IP into SoCs found in consumer, communications, industrial, automotive and medical products. On November 5, 2010 Sidense raised $5m in a Series B venture capital financing. The round was led by VentureLink Funds of Canada, with participation from existing partners Tech Capital Partners and Trellis Capital of Canada and Vertex Venture Capital of Israel. The proceeds will be used to expand development of embedded NVM products and to enhance the company’s sales and marketing efforts.

• Avvasi Inc.

  Led · Series B · Feb 2010

  Avvasi, Inc. develops solutions that enable mobile network providers to measure, improve and monetize mobile video. The company is based in Waterloo, Ontario, Canada. In a Series B financing the company raised $15m to accelerate its product release schedule to meet customer demand. The financing was co-led by Celtic House Venture Partners and Tech Capital Partners. The Ontario Emerging Technologies Fund joined the syndicate as a new investor and is a $250m fund established by the Province of Ontario to co-invest alongside qualified investors in high-growth private companies.

• ecobee

  Participated · Equity · Jan 2010

  ecobee introduced the world’s first smart thermostat and builds smart‑home devices and integrations (notably the ecobee4 thermostat and the Alexa‑enabled ecobee Switch+). The company says it has captured more than a third of the smart‑thermostat market and has experienced over 100% year‑over‑year growth. ecobee is pursuing a broader home operating system that leverages voice, advanced sensor technology and AI to transform how consumers interact with their homes. The company reports sustained profitable growth and is expanding its product suite and go‑to‑market capabilities while scaling operations. Recent leadership hires (CMRO Jackie Poriadjian‑Asch, COO Scott Cleaver and CFO David Brennan) are intended to support that expansion. Headquarters are in Toronto and the company was founded in 2007. Ecobee designs smart thermostats and other connected-home products, including a thermostat with far-field technology that can function like an Echo and a smart light switch. The company has embraced Amazon Alexa integration, building Alexa functionality directly into its devices. Ecobee says it has captured around a third of the smart thermostat market and has seen strong growth in recent years. The company is focused on installing devices throughout the home and aligning with Amazon’s third-party Alexa strategy. Ecobee is an 11-year-old, Toronto-based company. Its recent fundraising activity and Amazon partnership have drawn attention to potential strategic outcomes for the business. ecobee develops Wi‑Fi thermostats with room sensors and other connected-home technologies. Its thermostat is compatible with Amazon Echo through the Alexa Smart Home Skill API, enabling homeowners to control room temperature by voice. The product is positioned to deliver savings on heating and cooling bills. ecobee was founded in 2007 and is led by President and CEO Stuart Lombard. The company is based in Toronto, Canada. It closed a $35m funding round to continue developing connected home technologies. ecobee develops intelligent energy conservation and green-technology solutions for single-family homes, multi-family dwellings and commercial properties. The company is based in Toronto and operates a US office in Northboro, MA. ecobee commercializes its products through leading distributors and contractors. The business focuses on products that drive energy savings and efficiency for residential and commercial customers. In January 2010 ecobee secured external capital to support its growth plans. The new funding is earmarked to accelerate sales, marketing and product efforts.

No current team members are available.