{"id":24775,"date":"2010-12-06T11:12:00","date_gmt":"2010-12-06T07:12:00","guid":{"rendered":"http:\/\/localhost\/?p=24775"},"modified":"2010-12-06T12:12:58","modified_gmt":"2010-12-06T08:12:58","slug":"ottawas-protus-ip-solutions-acquired-for-213-million","status":"publish","type":"magazine","link":"https:\/\/brainstation.io\/magazine\/ottawas-protus-ip-solutions-acquired-for-213-million","title":{"rendered":"Ottawa&#8217;s Protus IP Solutions acquired for $213 Million"},"content":{"rendered":"<p><img decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.myfax.com\/images\/lp\/logo_myfax_index.gif\" alt=\"\" \/>This morning Ottawa&#8217;s Protus IP Solutions <a href=\"http:\/\/www.cnw.ca\/en\/releases\/archive\/December2010\/06\/c2803.html\">announced<\/a> that they have been acquired by j2 Global Communications for CDN $213 Million.<\/p>\n<p>Established in 1997, Protus provides Software-as-a-Service communications services and solutions to the business market under a number of very recognizable brands: <a href=\"http:\/\/www.myfax.com\">MyFax<\/a> (internet fax),  <a href=\"http:\/\/www.campaigner.com\/\">Campaigner<\/a> (email marketing) and <a href=\"http:\/\/www.my1voice.com\">My1Voice<\/a> (virtual phone service).&nbsp;<\/p>\n<p>Protus is an excellent example of a successful Ontario-based  venture-backed success story and underscores the importance of venture  capital to Canadian enterprises.&nbsp;<\/p>\n<p>Protus first raised venture capital  investment from Ontario-based institutions in 1999 and the Company has  grown to one of the leading SaaS providers in North America.&nbsp; Institutional shareholders are exiting via the transaction and include <a href=\"http:\/\/www.bestfunds.ca\">BEST Funds<\/a>, BMO Capital Corporation, <a href=\"http:\/\/www.celtic-house.com\">Celtic  House Venture Partners<\/a>,  <a href=\"http:\/\/www.covingtonfunds.com\">Covington Capital Corporation<\/a>, <a href=\"http:\/\/www.edgestone.com\">Edgestone  Venture Fund<\/a> and <a href=\"http:\/\/www.mosaicvp.com\">Mosaic  Venture Partners<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This morning Ottawa&#8217;s Protus IP Solutions announced that they have been acquired by j2 Global Communications for CDN $213 Million. Established in 1997, Protus provides Software-as-a-Service communications services and solutions to the business market under a number of very recognizable brands: MyFax (internet fax), Campaigner (email marketing) and My1Voice (virtual phone service).&nbsp; Protus is an [&hellip;]<\/p>\n","protected":false},"author":1358,"featured_media":24777,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"magazine-region":[],"magazine-series":[],"magazine-topic":[],"class_list":["post-24775","magazine","type-magazine","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/24775","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\/1358"}],"version-history":[{"count":0,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/24775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media\/24777"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media?parent=24775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/categories?post=24775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/tags?post=24775"},{"taxonomy":"magazine-region","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-region?post=24775"},{"taxonomy":"magazine-series","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-series?post=24775"},{"taxonomy":"magazine-topic","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-topic?post=24775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}