YellowMedia announced today the sale of small ads site LesPac to Montreal media company Mediagrif, for $72.5m. The sale comes 2 weeks after the company announced a 2.8 billion $ loss, and heavy debts plaguing the company, as it faces problems to transform itself to an online media play. The CFO resigned, and the heavy [...]
Business in Montreal
Context.IO, Recoset, Fabric Engine and other 14 other Canadian startups going to the valley
48 Hours in the valley
FounderFuel unveils first batch of 9 ready-to-invest startups
Montreal’s accelerator program
Oohlala hopes to reach 4 million students
Ooh la la, a team from Toronto, had a fun presentation today at FounderFuel, recalling everyone how college equals to parties, people and pizza. With a team made of 9 co-founders, they’ve done a lot, from groups, to events to many other social features. The application presented though focused on 3 main features though, and [...]
Manyeta gets funding from AngesQuébec and RealVentures
healthcare angel funding
Nexus Mtl opens up new coworking space for web workers
For those looking for a space to work, Nexus Montreal is the new coworking space in Montréal for web developers, freelancers, and for new companies. It has a large shared space where consultants and solo-preneurs can get a desk, similar to Station-C or ECTO, and has also conference rooms should you need to pitch or [...]
Hopper gets $8 million funding from Atlas Ventures
$8M Hopper funding
Co-Founders at Notman house
cofounders networking
GrowLab announces 5 startups in its accelerator program
Given FounderFuel’s new accelerator program, it’s interesting to see what’s done elsewhere. GrowLab is a new accelerator initiative, with startups given between $20,000 and $25,000 in funding. Interestingly, they’re also beginning today, with 4 months to get to the next level. The winnning startups joining the Vancouver-based accelerator’s first edition are cloud-based education platform matygo, [...]
