Learn More About One of the Largest Venture Capital Exits in Canada in a Decade

Posted by Techvibes NewsDesk

Late last year, IBM acquired Q1 Labs for a reported $500 Million

The provider of security intelligence software was founded by employees of the University of New Brunswick and their research and development centre is in Fredericton. Shaun McConnon, former Chairman and CEO of Q1 Labs, is flying up to Vancouver next week to speak at the Vancouver Enterprise Forum's May event.

Shaun is a three-time award-winning CEO who has built over a billion dollars of shareholder value. From him, you can learn how Q1 Labs successfully spun out technology from the University of New Brunswick and built a global company worth hundreds of millions of dollars.

Under Shaun’s leadership, Q1 Labs raised $42M in financing and grew to over 200 employees. In 2011, while contemplating an IPO, the company accepted an acquisition offer from IBM that is regarded as one of the largest venture capital exits in Canada in a decade.

How did Q1 Labs leverage technology developed at a university to become a global leader of security intelligence solutions? How much of their success was about the technology, market timing and management? What were the challenges to financing and building a company with Canadian roots? Did Q1 Labs live up to Shaun’s vision for the company?

Register now for the VEF event on May 22.

Photo: Reuters

Company:
VEF - Vancouver Enterprise Forum
Website:
http://www.vef.org
Location:
Vancouver, British Columbia, Canada

The Vancouver Enterprise Forum (VEF) mission is to advance technology entrepreneurship through networking forums that educate and motivate. The Vancouver Enterprise Forum (VEF) is the premier networking forum for technology entrepreneurs and holds eight events each year – usually on the fourth Tuesday of the month. These events provide attendees with an opportunity to network and learn. The evening involves a... more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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