# MMV Capital Partners: portfolio, investments and team

> MMV Capital Partners is a vc firm based in Canada. 29 investments on record, latest May 2011. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/mmv-financial (Millionrounds; every figure on the page links to its filing or article)

Canada · [Investor](https://millionrounds.com/investors)

# MMV Capital Partners

Last cheque observed May 2011. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm Website unconfirmed

Seed Series A Series B SaaS Smartphone Mobile

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 29 on record

Since the last cheque **5632** days **00** hrs **00** min **00** sec

Median round **$3.0M** Rounds led **0 of 29** Sole investor **19 rounds** Exits **11 from the portfolio** Mostly in **United States, 69%**

Pitch MMV Capital Partners

## MMV Capital Partners highlights

- 01 29 rounds on record
- 02 Mostly Venture and Debt: 86% of its rounds
- 03 Sole investor in 19 rounds, median $3.0M
- 04 11 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** SaaS Smartphone Mobile
- **Based in:** Toronto, Canada
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=mmv-financial).

## The record

Every round we can evidence, newest first **29 appearances**

- **2011** 5 rounds
- **May** **[Agilence](https://millionrounds.com/company/agilence)** Debt · US · fis.dowjones.com **$2.5M** Sole investor
- **Feb** **[SERMO](https://millionrounds.com/company/sermo)** Venture · US · masshightech.com **$3.5M** Sole investor
- **Feb** **[Beyond the Rack](https://millionrounds.com/company/beyond-the-rack)** Venture · CA **$3.0M** Sole investor
- **Feb** **[Nistica](https://millionrounds.com/company/nistica)** Debt · US · finsmes.com **$3.0M** Sole investor
- **Jan** **[ooma](https://millionrounds.com/company/ooma)** Debt · US · sip-trunking.tmcnet.com **$3.0M** With 1 other
- **2010** 8 rounds
- **Dec** **[NeoEdge Networks](https://millionrounds.com/company/neoedge-networks)** Venture · US · fis.dowjones.com **$3.0M** Sole investor
- **Nov** **[SpectraLinear](https://millionrounds.com/company/spectralinear)** Debt · IN · fis.dowjones.com **$3.0M** Sole investor
- **Nov** **[Quick Hit](https://millionrounds.com/company/quick-hit)** Debt · US · fis.dowjones.com **$3.0M** Sole investor
- **Oct** **[NetBase Solutions](https://millionrounds.com/company/netbase-solutions)** Debt · US · fis.dowjones.com **$2.5M** Sole investor
- **Sept** **[SenSage](https://millionrounds.com/company/sensage)** Venture · US · sensage.com **$6.3M** With 4 others
- **Sept** **[Qumu](https://millionrounds.com/company/qumu)** Debt · US · fis.dowjones.com **$8.8M** With 7 others
- **Jun** **[LucidMedia](https://millionrounds.com/company/lucidmedia)** Series D · US · techcrunch.com **$4.5M** Sole investor
- **Jan** **[CorrectNet](https://millionrounds.com/company/correctnet)** Debt · US · fis.dowjones.com **$3.0M** Sole investor
- **2009** 2 rounds
- **Dec** **[CheckPoint HR](https://millionrounds.com/company/checkpoint-hr)** Venture · US · fis.dowjones.com **$2.5M** Sole investor
- **Oct** **[Axeda](https://millionrounds.com/company/axeda)** Debt · US · masshightech.com **$4.0M** Sole investor
- **2008** 5 rounds
- **Dec** **[Icera](https://millionrounds.com/company/icera)** Debt · GB · icerasemi.com **$10M** With 1 other
- **Nov** **[Trust Digital](https://millionrounds.com/company/trust-digital)** Series C · US · rcrwireless.com **$15M** With 5 others
- **Oct** **[Sutus](https://millionrounds.com/company/sutus)** Venture · CA · sutus.com **$4.5M** With 2 others
- **Oct** **[Spectrum K12 School Solutions](https://millionrounds.com/company/spectrum-k12-school-solutions)** Venture · US · spectrumk12.com **$7.4M** With 3 others
- **Jul** **[Sela2](https://millionrounds.com/company/sela2)** Venture · US **Undisclosed** Sole investor
- **2007** 6 rounds
- **Dec** **[BelAir Networks](https://millionrounds.com/company/belair-networks)** Venture · CA **$18M** With 10 others
- **Dec** **[AngioChem](https://millionrounds.com/company/angiochem)** Venture · CA **$3.0M** Sole investor
- **Oct** **[Five Star Technologies](https://millionrounds.com/company/five-star-technologies)** Venture · US · fivestartech.com **$2.0M** Sole investor
- **Oct** **[ReflexPhotonics](https://millionrounds.com/company/reflexphotonics)** Debt · US · venturebeat.com **$2.0M** Sole investor
- **Jul** **[OrderMotion](https://millionrounds.com/company/ordermotion)** Venture · US **$2.5M** Sole investor
- **Jun** **[Xora, Inc.](https://millionrounds.com/company/xora-inc)** Debt · US · venturebeat.com **$4.0M** Sole investor
- **2006** 1 round
- **Oct** **[BelAir Networks](https://millionrounds.com/company/belair-networks)** Series D · CA · belairnetworks.com **$21M** With 7 others
- **2005** 2 rounds
- **Apr** **[Nakina Systems](https://millionrounds.com/company/nakina-systems)** Series B · CA · nakinasystems.com **$10M** With 3 others
- **Apr** **[BTI Systems](https://millionrounds.com/company/bti-systems)** Venture · CA · photonics.com **$2.5M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Exits from the portfolio

Companies it backed that were later bought or listed **11 in all**

**[Axeda](https://millionrounds.com/company/axeda)** Bought by [Parametric Technology (PTC)](https://millionrounds.com/fund/parametric-technology-ptc) **$170M** Jul 2014

**[Xora, Inc.](https://millionrounds.com/company/xora-inc)** Bought by ClickSoftware Technologies **$15M** Feb 2014

**[OrderMotion](https://millionrounds.com/company/ordermotion)** Bought by [NetSuite](https://millionrounds.com/fund/netsuite) **Undisclosed** May 2013

**[LucidMedia](https://millionrounds.com/company/lucidmedia)** Bought by Videology **Undisclosed** Oct 2012

**[SERMO](https://millionrounds.com/company/sermo)** Bought by SERMO (formerly WorldOne) **Undisclosed** Jul 2012

**[BelAir Networks](https://millionrounds.com/company/belair-networks)** Bought by [Ericsson](https://millionrounds.com/fund/ericsson-ventures) **Undisclosed** Apr 2012

**[Qumu](https://millionrounds.com/company/qumu)** Bought by [Rimage](https://millionrounds.com/fund/rimage) **$52M** Oct 2011

**[CorrectNet](https://millionrounds.com/company/correctnet)** Bought by [VistaOne](https://millionrounds.com/fund/vistaone) **Undisclosed** May 2011

**[Icera](https://millionrounds.com/company/icera)** Bought by [Nvidia](https://millionrounds.com/fund/nvidia) **$367M** May 2011

**[Spectrum K12 School Solutions](https://millionrounds.com/company/spectrum-k12-school-solutions)** Bought by Scantron **Undisclosed** Jul 2010

**[Trust Digital](https://millionrounds.com/company/trust-digital)** Bought by [McAfee](https://millionrounds.com/fund/mcafee) **Undisclosed** May 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$3.0M** the round, not its cheque Alone, median **$3.0M**

Led 0 of 29 rounds **0%**

- **Sole investor:** 19 rounds
- **Last cheque:** May 2011
- **Exits:** 11 from the portfolio

Rounds by stage said on their site

- Venture *13*
- Debt *12*
- Series D *2*
- Series B said *1*
- Series C *1*
- Seed said *-*
- Series A said *-*

Cheques by year Led Joined

2005 2011

Often in the room with

- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 3
- [Export Development Canada](https://millionrounds.com/fund/export-development-canada) 2
- [Panorama Capital](https://millionrounds.com/fund/panorama-capital) 2
- [VenGrowth](https://millionrounds.com/fund/vengrowth) 2

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## Who they invest alongside

The investors most often in the same rounds as MMV Capital Partners. A count of rooms they were both in, not a relationship either has claimed.

[**BDC Capital** VC firm **3** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Export Development Canada** Government **2** rounds together](https://millionrounds.com/fund/export-development-canada)[**Panorama Capital** VC firm **2** rounds together](https://millionrounds.com/fund/panorama-capital)[**VenGrowth** Investment firm **2** rounds together](https://millionrounds.com/fund/vengrowth)

## Quick answers about MMV Capital Partners

### What does MMV Capital Partners invest in?

MMV Capital Partners invests most often at Venture and Debt (86% of the rounds on record), in sectors such as SaaS, Smartphone and Mobile.

### How active is MMV Capital Partners?

29 investments on record, 0 of them in the last 12 months. The most recent was in May 2011.

### How big are MMV Capital Partners's cheques?

The median round it joins is $3.0M.

### Does MMV Capital Partners lead rounds?

Rarely, if at all: none of its 29 investments on record names it as the lead.

### Where does MMV Capital Partners invest?

Most of the companies it backs are in the United States (69%) and Canada (24%).

### Is MMV Capital Partners investing now?

No investments in the last 12 months; the latest was in May 2011.

### Who does MMV Capital Partners invest alongside?

Most often BDC Capital (3 rounds together), Export Development Canada (2 rounds together) and Panorama Capital (2 rounds together).

### What kind of investor is MMV Capital Partners?

MMV Capital Partners is a VC firm based in Toronto, Canada.

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