{"id":107705,"date":"2018-11-23T15:43:21","date_gmt":"2018-11-23T20:43:21","guid":{"rendered":"https:\/\/techvibes.com\/?p=107705"},"modified":"2018-11-23T18:02:41","modified_gmt":"2018-11-23T23:02:41","slug":"funding-roundup-hostaway-precision-os-isara-d1g1t","status":"publish","type":"magazine","link":"https:\/\/brainstation.io\/magazine\/funding-roundup-hostaway-precision-os-isara-d1g1t","title":{"rendered":"Funding Roundup: Hostaway, Precision OS, ISARA, D1g1t"},"content":{"rendered":"

Canadian companies continue to provide innovative technology solutions and venture capitalists around the world are taking note. Here are some of the funding rounds you may have missed this week.<\/span><\/p>\n

Hostaway<\/b><\/p>\n

Hostaway<\/span><\/a>, a Toronto-based provider of rental management software, has raised CAD $1.9 million (USD $1.4 million) in seed funding this week. The funding round was led by Vendep Capital, a Finnish venture capital firm.<\/span><\/p>\n

\u201cWhen you manage 50 or 500 properties, it gets very complicated to manage all of that and make sure you have the right prices, to make sure all the properties are clean and make sure all the guests know how to check in, to make sure that the owners get reports on how much their payout is this month,\u201d Marcus R\u00e4der, co-founder and CEO of Hostaway told Betakit<\/a>. \u201cThe average customer used to use spreadsheets to manage, but that\u2019s time-consuming and prone to human error.\u201d<\/p>\n

Hostaway\u2019s platform enables property managers to keep track of all their rentals, on multiple platforms like Airbnb or HomeAway, in one streamlined application. The company will use the funding to expand their team and become a global leader in vacation rentals.<\/p>\n

Precision OS<\/b><\/p>\n

Vancouver\u2019s <\/span>Precision OS Technology<\/span><\/a> has closed CAD $2.3 million (USD $1.7 million) in Series A funding led by AO Invest, a venture capital firm based in Switzerland. Precision OS is a provider of virtual reality education software for orthopaedic surgeons. The tool creates a simulated operation experience for surgeons to practice and improve their technique.<\/span><\/p>\n

\u201cPrecision OS is delighted to be cooperating with an international organization that is a recognized leader in education for surgeons and operating room personnel around the world,\u201d said Dr. Danny P. Goel, co-founder and CEO at Precision OS. \u201cPrecision OS technology is working to create a virtual language able to add depth of understanding that simply cannot be achieved using current simulation tools. Adopting VR as a way of improving decision-making is directly relevant for patients and value-based care.\u201d<\/p>\n

The funding will go towards further developing features of Precision\u2019s VR software, including the ability to introduce photographs and images of a specific patient\u2019s anatomy into the software prior to an operation.<\/p>\n

\u201cThis area poses several challenges and novel ways to support surgeons all over the world,\u201d says Dr. Goel. \u201cGiven our mission, we are aggressively working towards a solution to benefit the orthopedic patients of today and tomorrow.\u201d<\/p>\n

Isara<\/b><\/p>\n

ISARA Corp<\/span><\/a>., a Waterloo-based security solutions provider has announced a CAD $13.2 million (USD $10 million) Series A funding round led by Shasta Ventures. Quantum computing creates a large security risk for many companies, and ISARA provides quantum-safe solutions to protect organizational and personal data.<\/span><\/p>\n

\u201cShasta\u2019s investment recognizes the fundamental role security will play in the Quantum Age. The global economy and our daily lives are built around a secure online ecosystem that will crumble in the face of a full-scale quantum computer,\u201d said Scott Totzke, ISARA CEO. \u201cEnsuring that the many significant benefits of quantum computing can be realized requires a robust set of quantum-safe security and encryption practices that are practical, affordable and agile.\u201d<\/p>\n

The funding will be used to expand ISARA\u2019s efforts globally, and to add increased capability to the company\u2019s security solutions. \u201cISARA is the clear leader as the only company with commercial solutions that can be implemented today,\u201d said Shasta Ventures partner, Nitin Chopra.\u201dComplex systems used by corporations and governments will take years to migrate to a quantum-sage state and smart organizations are already beginning the transition.\u201d<\/p>\n

d1g1t<\/b><\/p>\n

Toronto-based <\/span>d1g1t Inc.<\/span><\/a>, a digital wealth management platform provider, has closed two private investment rounds totalling CAD $9 million (USD $6.8 million). The funding rounds were led by Purpose Financial with participation from Extreme Venture Partners and Portag3, in addition to angel investors.<\/span><\/p>\n

\u201cThe wealth management industry has been underserved by modern technology,\u201d said Dr Dan Rosen, co-founder and CEO d1g1t. \u201cWe have engineered our platform to empower advisors to provide proven, transparent, value-added services built around client goals, a richer customized experience for our clients, and stronger client relationships based on long-term trust.\u201d<\/p>\n

The platform serves wealth management firms, enabling them to focus on clients and expand their business with features including client onboarding, portfolio monitoring, and investment planning.<\/p>\n

Note: this article was updated to reflect the attribution of a quote.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Canadian companies continue to provide innovative technology solutions and venture capitalists around the world are taking note. Here are some of the funding rounds you may have missed this week. Hostaway Hostaway, a Toronto-based provider of rental management software, has raised CAD $1.9 million (USD $1.4 million) in seed funding this week. The funding round […]<\/p>\n","protected":false},"author":76295,"featured_media":107438,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[3287,218,3284,3285,3286],"magazine-region":[],"magazine-series":[],"magazine-topic":[],"class_list":["post-107705","magazine","type-magazine","status-publish","has-post-thumbnail","hentry","category-News","tag-d1g1t","tag-funding","tag-hostaway","tag-isara","tag-precisionos"],"acf":[],"_links":{"self":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/107705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine"}],"about":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/types\/magazine"}],"author":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/users\/76295"}],"version-history":[{"count":0,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/107705\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media\/107438"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media?parent=107705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/categories?post=107705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/tags?post=107705"},{"taxonomy":"magazine-region","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-region?post=107705"},{"taxonomy":"magazine-series","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-series?post=107705"},{"taxonomy":"magazine-topic","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-topic?post=107705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}