We’ve known for months that Radian6 Technologies Inc. was a great deal, but we’re only now understanding just how great a deal it was.

Canada’s Venture Capital and Private Equity Association on Wednesday awarded its Deal of the Year to the investment by venture capital firms Summerhill Venture Partners, Brightspark Ventures and BDC Venture Capital. The three firms invested a total of $9 million in the Fredericton group that analyses social media posts. When Radian6 sold out to Salesforce.com of San Francisco this year for $326 million, the VCs pocketed $205 million.

The Venture Capital

Sailing into the busiest week of the autumn, there might be a few innovators feeling a bit of stage fright today. At least 10 startups and researchers are pitching in public in the next five days in Halifax.

There will be five researchers pitching at the BioInnovation Challenge at BioPort on Wednesday, four at Invest Atlantic on Monday and a few at DemoCamp Halifax on Friday night.

The BioInnovation Challenge is presented by BioNova, Nova Scotia’s life science association, and the five pitchers are finalists in a lengthy process aimed at increasing the commercialization of biotech and

After six years spent building a network of investors, the First Angel Network is undergoing changes that will enhance the benefits it brings to Atlantic Canadian businesses.

The changes range from a cosmetic shift like opening a new office to deepening its management team and expanding its geographic base in investments and portfolio companies. FAN has even changed the process it uses in selecting portfolio companies.

Co-founders Ross Finlay and Brian Lowe remain the pillars of the organization, but they have added business analyst Nicole LeBlanc. A certified general accountant,

Green Imaging Technologies of Fredericton is beginning to reap the rewards of its partnership with Oxford Instruments of Britain, as the two companies on Monday released their fully integrated Nuclear Magnetic Resonance (NMR) cell for performing overburden studies.

The two companies, which announced a partnership in May, launched the new cell at the Society of Core Analysts (SCA) Symposium in Austin, Texas.

Green Imaging was formed about five years ago by Derrick and Jill Green to make it easier, faster and more economical for petroleum companies to study the core samples they extract

The venture capital investor didn’t bother trying to hide his contempt for my theory. ``It’s just because of one deal,’’ he shot back as we chatted last week.

I’d just said that the investment, entrepreneurship and innovation community in Atlantic Canada was at a watershed moment, that the environment had changed just in the past year and that the change was permanent. For example, I cited Thomson Reuters data showing the total VC investments in Nova Scotia had averaged $17.5 million in 2009 and 2010. Already in 2011, six deals have been announced worth more than $42 million. So, with

Kudos to Atlantic Canadian startups that have recently received recognition beyond our borders.

TitanFile, the Dartmouth digital file-sharing company, received glowing coverage Friday from the Financial Post, in its special reporting on the 50 best-managed companies in Canada. The story noted how aggressive CEO Milan Vrekic is, hoping for $10 million in revenue in Year 3, compared with an estimated $500,000 this year.

Meanwhile, Halifax-based multi-channel marketing company SimplyCast was listed as one of the top 100 Canadian startups this week in ranking compiled by global web

As it works on raising as much as $1 million in new capital, Adfinitum has just increased its revenue by signing up a huge new client.

On Wednesday, St. John’s-based Adfinitum signed up the third largest advertising holding company in the world as a client. Adfinitum CEO Ed Clarke declined to name the new customer, but he did say that Adfinitum’s system would allow any of its thousands of staff members on five continents to use data on existing ads as a research tool for planning ad campaigns.  

Usually when Adfinitum grows, it does so by expanding its massive databank of

The tech media in San Francisco was abuzz last night with the launch of GoInstant, the latest venture of Jevon MacDonald, until recently the entrepreneur-in-residence at Innovacorp in Halifax.

Forbes, PC Magazine, TechCrunch, ZDnet and CNet all reported on the launch of the Halifax-based venture at the TechCrunch Disrupt conference in Silicon Valley.

MacDonald, a PEI native who came to Halifax by way of Austin, Texas, amicably left the one-year post at Innovacorp earlier this year and has been known to be working on his next venture with a group of collaborators. GoInstant’s technology

Smart Skin is the gift that keeps on giving to Kumaran Thillainadarajah.

A few years ago, the Fredericton resident developed a thin pressure-sensitive material that could relay information when someone pressed any specific place on the surface. He began to explore practical applications for the technology, such as applying it to artificial limbs so amputees could feel pressure on their prosthetics. However, the development process was long and expensive.

Finally he hit on the right application and in November, 2009, Smart Skin Technologies was born. The company’s main objective is to

I'm pleased to say I signed up yesterday for DemoCamp Halifax 2011, a one-evening event hosted by file-sharing company TitanFile. The DemoCamp will take place Friday, Sept. 23 from 5-8:30 pm at the Dalhousie University Computer Science Building.

The DemoCamp boasts an excellent array of speakers, including TitanFile CEO Milan Vrekic. Other speakers include: Compilr CEO Patrick Hankinson; Tether CEO Tim Burke; GoInstant boss Jevon MacDonald; Monica Goyal, co-founderof MyLegalBriefcase.com; noted startup lawyer Christian Weisenburger of Beyond the Box Law; NewPace CEO Brent Newsome; and