Good things brewing

The VC drums are beating. And it is good news for a change.

There’s a $20M+ investment coming down the pike by one of the irrefutablely Top Tier Palo Alto venture capital firms, and no one on the campaign trail can take credit for it. Just old fashioned hard work by the firm’s developers and management team, with a healthy dose of “not their first rodeo” experience throw in.

The target is a newish Toronto-based IT firm that has tapped into a billion dollar market opportunity. Once the marquee customers were at the table, and revenue started to flow, Palo Alto came calling. The dollar size will be one of the largest tech rounds in recent years, and, once announced, should be front page news in tech land.

Not to tempt the Celtic Gods, but an early congrats to everyone involved.

MRM