Gartner Positions Elastic Path as a Visionary in the Magic Quadrant for Digital Commerce

Elastic Path Software Inc., a leading enterprise commerce company funded by Yaletown Partners, was positioned by Gartner as a Visionary in the Magic Quadrant for Digital Commerce for the second year in a row. Elastic Path was singled out along side Shopify, Salesforce and NetSuite among other industry leaders in the 2017… Read More

Ready to Rocket winners: 6 Yaletown portfolio companies

Since 2003, British Columbia’s Ready to Rocket list has aimed to predict which technology companies will be revenue growth leaders and the most likely to attract future investment. In March, 2017 Ready to Rocket recognition was handed out to six Yaletown Partners’ portfolio companies that showcased standout performance and growth. Read More

Pretio Interactive Announces 2016 Results, Platform Launch & Acquisition

Pretio Interactive, a technology-driven performance marketing company, is pleased to announce its 2016 results alongside two key achievements in the first month of 2017. The company organically grew key financial metrics by double and triple digits; launched the first version of its Apollo™ programmatic marketing platform; and completed the acquisition… Read More

Cooledge Named a Deloitte Technology Fast 50 Company

VANCOUVER, Canada – Cooledge Lighting Inc. wins Deloitte Technology Fast 50™ award recognizing the company as the second fastest growing technology organization in Canada. This award acknowledges entities that have demonstrated bold innovation, dedicated leadership and strong growth in their respective industries. Cooledge’s 2nd place finish was achieved with revenue growth… Read More

GE Digital acquires Burnaby’s Bit Stew in $207-million deal

Excerpt from Vancouver Sun – The architects of B.C. Hydro’s Grid Director smart meter analytics platform already have 100 employees, a figure that is expected to grow as Bit Stew gains access to GE Digital’s global industrial customer base. The deal is worth $207.5 million, according… Read More

General Electric buys Vancouver startup Bit Stew for $153-million US

Excerpt from Globe and Mail – One of Canada’s most promising startups in the emerging industrial-Internet-of-things (IIoT) space, Vancouver-based Bit Stew Systems Inc., has been purchased by General Electric Co. in a deal to be announced Tuesday that is valued at $153-million (U.S.). It’s one of the… Read More

VC-backed Bit Stew Systems bought by strategic investor GE

Excerpt from PE Hub – Bit Stew Systems Inc, a Vancouver data integration platform for the industrial internet, has been acquired by GE Digital. GE was previously a strategic investor in Bit Stew, leading its US$17.2 million Series B financing in May 2015. The company’s data intelligence capabilities will be combined with Predix,… Read More

Yaletown Partners Congratulates Bit Stew on Acquisition by GE Digital

Yaletown Partners, the first and largest investor in Bit Stew Systems, wishes to congratulate Kevin Collins CEO and Founder and Alex Clark, Chief Software Architect and Founder and the entire Bit Stew team on their acquisition by GE Digital. “The Bit Stew team has worked tenaciously to establish itself… Read More

Acalvio Technologies Secures Investment from GV (formerly Google Ventures)

Acalvio is the acquirer of Shadow Networks, and now part of the Yaletown Partners portfolio. Santa Clara, Calif. – Acalvio™ Technologies, an innovator in Advanced Threat Defense, today announced that it has received an investment from GV (formerly Google Ventures). This latest investment brings the total investment… Read More

Tasktop Announces Record Breaking 2016 Fiscal Year

VANCOUVER, BC – Tasktop, the leader in Software Lifecycle Integration (SLI), today announced that it increased revenues in its 2016 fiscal year by more than 75 percent compared with the previously record-breaking 2015 fiscal year. According to Neelan Choksi, Tasktop president and COO, “It’s a testament to our partners, customers… Read More