October 8, 2015
This Bloomberg article highlighted the tremendous growth of Canada's software sector - grew 23 percent, to 327,400 jobs, from 2009 to 2014. As Canadian software startups have begun to flourish, U.S. venture firms are looking north more often instead of waiting for the companies to come calling on Sand Hill Road. Canadian venture capital has doubled in five years, to $2.4 billion. “The world needs to be paying attention to Canada,” says Katherine Barr, a general partner at Mohr Davidow Ventures, has invested in companies including Vancouver’s BuildDirect, an online marketplace for construction supplies.
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