The U.S. Embassy in Ottawa is holding a conference Wednesday titled The Canada-U.S. Partnership: Enhancing the Innovation Ecosystem, and in honor of the conference it held a contest for startups whose work contributed to cooperation between the countries. TitanFile and FloorNav3D of Toronto won the competition and are invited to the conference in Ottawa.
Founded by Milan Vrekic and Tony Abou-Assaleh, TitanFile’s technology allows clients to easily and securely share large and/or confidential documents over the Internet, both inside and outside their organization.
In August, TitanFile secured $250,000 in equity financing from Innovacorp., valuing the company that started last year at more than $2.5 million. The company is working on a subsequent round of funding.