Last month Techvibes was invited by the Trade Commissioner Service to attend Venture NORTH 2011 in New York along with an impressive list of Canadian companies in life sciences, ICT and cleantech.
The goal of Venture NORTH is to accelerate growth through strategic exposure to opportunities for R&D financing and partnerships in the North East United States.
This is the fourth of a series of blog posts about the companies that presented in Venture NORTH’s ICT stream.
With their two-way radio technology, Kanata’s Teldio is helping enterprises improve efficiency, profitability and even safety.
The company deals in two-way radios that facilitate versatile communications over great distances. They provide security, by keeping workers in constant communication with each other and management, as well as managing alarm systems. Managers can keep on top of what’s going on at work sites with Teldio’s asset tracking systems that utilize Bluetooth technology to give exact locations of situations and assets.
Teldio’s board of directors is chaired by Sir Terence Matthews. Matthews has founded over 80 companies in the United Kingdom and Canada in the high tech communications field. His most notable successes so far have been with Mitel (which he sold to British Telecom), and Newbridge Networks which was acquired for seven billion dollars by Alcatel.
Teldio has been earning plenty of acclaim of late. The Canadian Innovation Exchange (CIX) named Teldio one of Canada’s nine Hottest Innovative Companies in November of 2010. Also in November, Teldio was chosen by a panel of venture capitalists as a 2010 Canada’s Top 10 Winner. Teldio started off 2011 right by expanding internationally, establishing an office in Cambridge, U.K.