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Praized gets $1m funding from Garage Canada (10)

September 12th, 2007 · by Heri · startups, web2.0

La presse broke the news about Praized getting $1m from Garage. In the article, the founders, Harry Wakefield, Sylvain Carle, and Sebastien Provencher, said they searched for funding in the US and in other Canadian cities, but finally received it from a local VC. It’s noteworthy that Garage Canada also funded standoutjobs and sponsors barcamps and democamps in Montreal. With this funding and their upcoming seed fund, they are positionning themselves as an indispensable player in the Montreal startup scene.

Praized will allow its users to list their favorite local places, and will begin by offering widgets to bloggers. They hope to launch it in Q4 2007.

Note: I don’t know if it’s just me, but it seems that La Presse and the Gazette are now reporting local startups and tech entrepreneurs, which is very good news. Coverage from the general press will get more media attention, thus more buzz, thus more users for new startups. We might even get more people involved at democamps and barcamps too, which is great.

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