MediaMiser raises $1 Million from BDC and RBC

Ottawa’s MediaMiser announced yesterday that it has raised $1 Million from the BDC Capital Inc. and the Royal Bank of Canada in the company’s first-ever financing round. MediaMiser will invest the funds in product development, client services, sales and marketing, and IT infrastructure.

Incorporated in Ottawa in 2003, MediaMiser is a media monitoring and analytics firm with patented software and clients across North America. The company plans to hire at least 15 additional staff at its local and satellite offices.

According to their press release, law firm LaBarge Weinstein helped facilitate the transaction.