Start-up and Tech Law Notes from a lawyer and former VC
Monday, September 14, 2009
BCE Capital/Summerhill Ventures Scores a Liquidity Event
Been crawling through the August/Labour Day pile of work. More blogging soon (lord knows, there's lots to blog about!). But in the mean time, rejoice in Toronto's Summerhill Ventures, which celebrates a liquidity event thanks to its portfolio company Intellon,sold for $244 million in cash and stock.
It's nice to see some gains in the US market make their way north of the border.
Suzie is a partner with Venture Law Associates LLP in Toronto, Canada, a boutique law firm representing entrepreneurs and emerging companies. Admitted to the New York and Ontario bars, Suzie has worked on Wall Street and Bay Street and at Nortel Networks. Suzie's start up stripes were earned as part of the founding team of Saraide.com, a wireless data startup that was sold to Infospace for $470 million in 2000. A former VC, Suzie now advises private companies at all stages of growth. Suzie is also the founder of Corner Office Beauty, a beauty products and fragrances company.