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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.… Continue reading

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Salil Munjal joins BC Innovation Council Board

Yaletown’s General Partner, Salil Munjal, has joined the board of the BC Innovation Council (BCIC) to help encourage the development and application of advanced or innovative technologies to meet the needs of industry in BC.… Continue reading

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Yaletown and A100 to manage Alberta’s $10M Accelerate Fund II

Today, Alberta Enterprise announced a second early-stage fund called Accelerate Fund II with a $10 million investment. This Fund will focus on providing startup capital to Alberta-based companies concentrated in the sectors of information and communication technology, clean and energy technology, life sciences, as well as agriculture and biotech. Yaletown Partners will manage Accelerate Fund II with The A100 acting as operators of the industry committee.… Continue reading

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Yaletown Partners Investment in IIoT Pays Off with Bit Stew Acquisition by GE Digital

Vancouver, BC – November 16, 2016: Yaletown Partners, the first and largest investor in Bit Stew Systems, was rewarded for its emerging growth investment into Canada’s Industrial Internet of Things future when Bit Stew Systems announced yesterday that the company has been acquired by GE Digital (NYSE: GE).… Continue reading

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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.… Continue reading

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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.).… Continue reading