Mark Cuban Invests in Alberta Tech

by Rob Lewis | Business

Four months ago Calgary startup eThor beat 2,000 startups from around the world to win the title of 2012’s most innovative startup on the planet at the Global Technology Symposium in Silicon Valley.

It can now name American business magnate and reality televison start Mark Cuban as an investor.

According to the CBC (video below after the jump), the billionaire called eThor's Point of Sale software a breakthrough technology. "Over the next few years we are going to see a major shift in the way the world finds and pays for products," Cuban said in a statement, "I'm excited to be involved and help push eThor forward."

eThor CEO Gary Ziegler calls the investment a major boost for his Calgary firm.

Ziegler told the CBC, "Having someone with his name and celebrity attached to your company is great. Obviously, he's been successful in all walks of life and he got his start in technology, so having someone like him attached to your company — and involved in your company — is a huge, huge step forward."

Calgary, Alberta, Canada

eThor provides a 2-way communication layer integrating social media channels and mobile devices with retail point-of-sale (POS) systems. This powerfully simply solution enables retailers to push live product and pricing information from their POS system directly into the pockets of consumers, empowering them to seek and find products online but consume locally. eThor is a Calgary, Canada-based... more

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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more

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