Tag: startupsPage 2 of 4

RIM, Canrock, OMERS, Rho, BDC, iNovia and CYBF Invest $30M+ in Tech Startup Incubator Program HYPERDRIVE

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Startup incubators are a great way for tech entrepreneurs to take something from idea to product and beyond. The programs generally give funding, mentorship and access to services that help entrepreneurs develop a great company that could potentially be the next big thing. Recently, a new incubator called HYPERDRIVE has launched with $30M+ in funding. It’s also really cool to see RIM as the only technology company funding, hopefully giving them first dibs on acquisitions. Especially since Google has its name on the building and is an anchor tenant at Communitech.
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Pressly Announces Pressly Self Serve Launch in Spring of 2012 – Sign Up Now

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Pressly is a really cool startup out of Toronto, Canada that makes content look beautiful on a tablet. The service takes your content and optimizes it for the iPad and PlayBook using HTML5 standards. It’s also a great way to monetize your content for the tablet as the service has some top tier advertisers that have paid for full screen ads. We wrote about the company recently when they announced a partnership with the Toronto Star to optimize its content for tablets. Now, the company is announcing that you can register to have any blog’s content made tablet-friendly.
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Mobile Development Studio Select Start Acquired by eCommerce Company Shopify

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Select Start Studios is a mobile app development shop based in Ottawa, Canada and it was recently acquired by the up-and-coming eCommerce company Shopify. The acquisition makes a lot of sense as eCommerce is increasingly happening on mobile devices and rather than Shopify outsourcing its mobile efforts, it made more sense for Shopfiy to acquire a group like Select Start and develop the mobile products internally. While Select Start promoted the fact that it does cross-platform development and included BlackBerry, the company is better known for its iOS products such as Getaround.
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Sometimes It’s Great That Startups Ignore BlackBerry

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Sometimes it’s nice to get a break from the startup world. It seems Silicon Valley churns out the next “game changing” startup about once a month and the vast majority of these companies are a waste of everybody’s time. Take Kevin Rose’s Oink for example. It’s not a bad a idea, it’s just a waste of your time. No offence to Rose because Oink would be awesome if everyone in your city used it, but that’s incredibly unlikely. What’s more likely is that this idea will pivot about six times until it’s something very different than what it started, or the idea will simply fade into oblivion. In the meantime, if you’re an iPhone user and your friends are into trying every free app that hits the App Store, you will likely get bombarded with friend requests for each of these startups.
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Extreme Startups Launches in Toronto With Up to $200K Funding For Companies

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There’s a trend in the tech industry these days, especially in mobile, for tech accelerators. The general way these things work is that your company applies, and if accepted, is given a small sum of money up front to begin work on a product. For a period of anywhere between 3 and 6 months, companies in an accelerator work tremendously hard and are given support by mentors to get to a working product stage complete with demo. Ideally, startups leaving an accelerator will have enough traction to raise money to build an actual company. The most recent Canadian accelerator to launch is Extreme Startups, which is part of the same family as Xtreme Labs, whose BlackBerry apps we’ve written about many times.
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Startups: Apply Now for the ExtremeU Accelerator Program

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Xtreme Labs is a development shop which has a venture capital wing called Extreme Venture Partners. BlackBerry users may recognize some of Xtreme Labs’ handy work with app such as Fixmo, Unify4Life, and others. Exteme Venture Partners has announced a new year of ExtremeU, an accelerator-type program that provides seed funding and mentorship to startups.
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