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Hope is Not a Strategy

BRUSSELS – December 8, 2014 Last week Relay Ventures’ Managing Partner Kevin Talbot spoke at TEDxBrussels on strategy and entrepreneurship. TEDxBrussels is the largest TED event, with over 2,000 attendees. His talk, “Hope is not a strategy” fell into the Silicon Valley category of the 2014 theme “The Territory and... more.

Payfone Named Best in Show in Third Annual Fierce Innovation Awards: Telecom Edition

Payfone Honored as Best Revenue Creator and Enhancer for Mobile Network Operators, Payfone Signature Wins Conditional Access, Digital Rights Management and Authentication Award NEW YORK – Nov. 12, 2014 – Payfone, the creator of identity certainty and secure mobile authentication, today achieved recognition in the 2014 Fierce Innovation: Telecom Edition... more.

Mandalay Digital to Acquire Appia

LOS ANGELES and DURHAM, N.C., Nov. 13, 2014 /PRNewswire/ — Mandalay Digital Group, Inc. (NASDAQ: MNDL), the company empowering operators and Original Equipment Manufacturers (OEMs) around the globe with end-to-end mobile solutions, today announced it has entered into a definitive merger agreement to acquire Appia, the leading independent mobile user acquisition network. Under the terms... more.

Fuse Powered Acquires 2D Game Engine Maker Corona Labs

TORONTO–November 4, 2014 Fuse Powered is announcing today that it has acquired Corona Labs, a maker of a popular game engine that is used to create two-dimensional mobile games and apps. The move will help Toronto-based Fuse Powered, a mobile-monetization firm, sell a bigger set of services and tools to help make... more.

Delighted Launches Out of Private Beta

By: Anthony Ha Delighted, a startup that aims to help businesses collect and analyze customer feedback, is ready to move its product out of private beta testing and make it available to any customer. In addition, the company is announcing that it has raised funding (it won’t say how much)... more.

OCAD University’s Imagination Catalyst Creative Entrepreneurship Incubator Receives $950,000 in Funding

(Toronto – September 23, 2014) Speaking at OCAD University today, The Honourable Reza Moridi, Ontario’s Minister of Research and Innovation, announced a $950,000 grant to OCAD University as part of the Government of Ontario’s Campus-Linked Accelerator (CLA) program. The investment will support the Imagination Catalyst, OCAD University’s hub for creative... more.

Bionym Raises $14M Series A For Its Heartbeat Authentication Wristband

TORONTO, ON (Sept. 24, 2014) Toronto-based startup Bionym has raised a $14 million Series A round of funding, including investment from Ignition Partners, Relay Ventures, MasterCard and Salesforce Ventures. The round includes a lot of strategic investment from participants like Export Development Canada, who see value in the product as a security... more.

Millennial Media to Acquire Nexage, a Leading Mobile SSP and Advertising Exchange

Baltimore, MD (September 23, 2014) – To accelerate its leading position in mobile advertising, Millennial Media (NYSE: MM) today announced it has signed a definitive agreement to acquire Nexage for approximately $107.5 million in cash and stock, subject to certain adjustments. Based in Boston, privately held Nexage is a leading provider... more.