Tech Company Financing Transactions
Vantrix Funding Round
On 3/27/2013, Vantrix raised $4.5 million in financing from NXT Capital.
Transaction Overview
Company Name
Announced On
3/27/2013
Transaction Type
Debt
Amount
$4,500,000
Round
Undisclosed
Investors
NXT Capital (Matthew Eaton)
Proceeds Purpose
Vantrix will use growth capital from the loan to fund strategic growth initiatives.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
910 rue Peel G1
Montreal QC, H3C 2H8
Canada
Montreal QC, H3C 2H8
Canada
Phone
Website
Email Address
Overview
Vantrix was incorporated in April 2004, as a spin-off of its parent company, VoiceAge Corporation, a recognized global leader in the area of low-bit rate audio compression.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jean Mayrand
Chief Financial Officer
Elie Daher
Vice President
Kjell Kolstad
VP - Bus. Development
Mark Hopper
VP - Engineering
Francis Labonté
Browse more venture capital transactions:
Prev: 3/27/2013: Foodily venture capital transaction
Next: 3/27/2013: Choose Energy venture capital transaction
Share this article
News on VC Transactions
We do our best to report on tech company VC transactions. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs