OCGC Announces First Angel Co-Investment

By Bryan Watson

The Ontario Capital Growth Corporation (OCGC) is pleased to announce that it has closed its first angel co-investment under the Ontario Emerging Technologies Fund.

OCGC has co-invested in TeloIP Inc., a Toronto-based technology firm that creates and sells network convergence solutions. Their breakthrough technology enables voice, data, and video to work simultaneously over the same infrastructure, while seamlessly aggregating and accelerating any connection, from any carrier.

“Angel investments are a key driver behind the startup and growth of new businesses in Canada,” notes Andrew Wilkes, Chair of the National Angel Capital Organization, Canada’s industry association for Angel investors. “This co-investment through the Ontario Emerging Technologies Fund underscores the importance of Angel investors to emerging, high-growth potential companies in Ontario.”

For more information about TeloIP, please visit www.teloip.com.

Reposted from National Angel Capital Organization

Throughout his career, both in Canada and the UK, Bryan J. Watson has been a champion of entrepreneurship as a vector for the commercialization of advanced technologies. Upon his return to Canada in 2004, Bryan established his venture development consulting practice to help emerging-growth companies overcome the barriers to success they face in the Canadian commercialization ecosystem.  Visit Bryan’s blog and the National Angel Capital Organization.

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