"According to the Canadian Venture Capital and Private Equity Association annual funding report, the total venture dollars invested declined in 2014 to around $1.9-billion on 379 deals, compared with 2013’s $2-billion on 452 deals. The average dollar amount per deal, however, rose from $4.4-million in 2013 to $5-million."
"The Globe compiled 21 examples of the largest venture funding announcements in Canadian technology over the last 18 months. The list reveals a growing number of big-dollar deals among medium-sized startups – a change for a sector that has historically focused on mostly seed, or early-stage financing."
"Those 21 companies collected more than $784-million (the massive $100-million funding of Ottawa’s fast growing e-commerce provider Shopify in December, 2013, and the $60-million raised by Vancouver social media dashboard maker Hootsuite in September, 2013, make up a significant chunk of that total)."
Who needs Silicon Valley? Canadian startups scoring bigger deals
A growing number of medium-sized startups are attracting large financings – a change for a sector that has historically focused on mostly seed, or early-stage financing