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-0.000418535127055266 -0.000597907324364689 0.0028400597907324 0.00167414050822123 -0.00269058295964119 5.9790732436418E-05 0.00248131539611355 0.00116591928251117
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Toronto’s Vena secures $115-million in financing from U.S. private equity firms [Toronto Globe and Mail (Ontario, Canada)]

Workday, Inc. - Class A (WDAY) 
Last workday, inc. - class a earnings: 2/27 04:01 pm Check Earnings Report
Toronto’s Vena secures $115-million in financing from U.S. private equity firms With interest in its sector heating up, Toronto financial planning-and-analysis subscription software firm Vena Solutions Inc. has drawn $115-million in new investment from two American private equity firms. It’s at least the seventh $1-million-plus investment in a Canadian scale-up tech company in the past 12 months as the country’s booming tech sector continues to draw attention from global investors. Vena is announcing Wednesday that JMI Equity and existing backer Centana Growth Partners have led the financing, which is believed to value the firm in excess of $3-million, or more than 1 times its revenue from the past 12 months, a healthy valuation for a cloud-based software firm. Vena did not disclose how much of the proceeds would go to buying-out existing investors and how much would go to the company. Story continues below advertisement But CEO and co-founder Don Mal said the 25-employee company will Show less Read more
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