GrowthWorks Commercialization Fund Invests in Octopz Inc.
Summary
TORONTO, ONTARIO--(CCNMatthews - April 11, 2007) - GrowthWorks Commercialization Fund announced today that it recently completed an investment in Toronto software company, Octopz Inc., which offers an advanced, on-demand online collaboration software platform to business users. "The Octopz team has developed an extremely compelling collaboration platform that we believe has significant potential to facilitate business around the world," said Les Lyall, Senior Vice President of GrowthWorks. "Our investment in the Octopz team further demonstrates our commitment to funding the development of seed stage technology companies, and working with partners such as the MaRS Discovery District to support commercialization in Ontario." Octopz enables people to work - in real time or asynchronously - with customers, colleagues and suppliers around the world. With fully integrated support for text messaging, VoIP and webcams, Octopz allows colleagues and partners anywhere in the world to work together securely in real-time, or individually at their own convenience, using multiple document types, and then save and archive their work for easy retrieval, review and critical feedback.
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