Sortable, an ad optimization company that moved out of the Velocity Garage in January, is now settled into what was previously Dake Sushi in downtown Kitchener, after converting the restaurant into their temporary office.
When working for a startup oozing with potential, it is generally not a good idea to leave soon after the company has raised growth capital. And it is definitely not wise to head off without a backup plan.
Toronto’s Rover, a location-based mobile marketing startup, has raised $1.1 million in seed financing. The round included contributions from BDC Venture Capital and Silicon Valley’s 500 Startups, as well as angel investors.