# Ventures West: portfolio, investments and team

> Ventures West is a vc firm based in Canada. 37 investments on record, latest Apr 2013. Portfolio, stages, co-investors and team.

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

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

# Ventures West

Last cheque observed Apr 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm Website unconfirmed

Series B Series A Series C Advertising Enterprise Software Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 37 on record

Since the last cheque **4954** days **00** hrs **00** min **00** sec

Median round **$11M** Rounds led **0 of 37** Sole investor **2 rounds** Exits **8 from the portfolio** Mostly in **Canada, 68%**

Pitch Ventures West

## Ventures West highlights

- 01 37 rounds on record
- 02 Mostly Series B and Series A: 59% of its rounds
- 03 Sole investor in 2 rounds, median $6.4M
- 04 8 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Advertising Enterprise Software Venture Capital & Private Equity
- **Based in:** 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=ventures-west).

## The record

Every round we can evidence, newest first **37 appearances**

- **2013** 1 round
- **Apr** **[Aquinox Pharmaceuticals](https://millionrounds.com/company/aquinox-pharmaceuticals)** Series C · CA · finance.yahoo.com **$18M** With 4 others
- **2012** 2 rounds
- **Aug** **[Spectra7 Microsystems](https://millionrounds.com/company/spectra7-microsystems)** Venture · CA · pevc.dowjones.com **$11M** With 2 others
- **Apr** **[Alder Biopharmaceuticals](https://millionrounds.com/company/alder-biopharmaceuticals)** Series D · US · prnewswire.com **$38M** With 6 others
- **2010** 3 rounds
- **Sept** **[Celator Pharmaceuticals](https://millionrounds.com/company/celator-pharmaceuticals)** Series D · US · celatorpharma.com **$20M** With 6 others
- **Jun** **[Aquinox Pharmaceuticals](https://millionrounds.com/company/aquinox-pharmaceuticals)** Series B · CA · aqxpharma.com **$25M** With 3 others
- **Jan** **[SWITCH Materials](https://millionrounds.com/company/switch-materials)** Series B · CA · finsmes.com **$7.5M** With 3 others
- **2009** 3 rounds
- **Oct** **[Fresco Microchip](https://millionrounds.com/company/fresco-microchip)** Venture · CA · frescomicrochip.com **$10M** With 1 other
- **Jul** **[QuickPlay Media](https://millionrounds.com/company/quickplay-media)** Series D · CA · venturebeat.com **$13M** With 3 others
- **Mar** **[Zeugma Systems](https://millionrounds.com/company/zeugma-systems)** Series C · CA · fundedlocal.com **$9.0M** With 6 others
- **2008** 2 rounds
- **Jul** **[Celator Pharmaceuticals](https://millionrounds.com/company/celator-pharmaceuticals)** Series C · US **$23M** With 5 others
- **Jan** **[Fresco Microchip](https://millionrounds.com/company/fresco-microchip)** Series B · CA · redcanary.ca **$14M** With 1 other
- **2007** 11 rounds
- **Dec** **[Viigo](https://millionrounds.com/company/viigo)** Series A · CA · news.viigo.com **$6.4M** Sole investor
- **Dec** **[Zeugma Systems](https://millionrounds.com/company/zeugma-systems)** Series B · CA · venturebeat.com **$23M** With 5 others
- **Nov** **[SiXtron Advanced Materials](https://millionrounds.com/company/sixtron-advanced-materials)** Series A · CA · deals.venturebeat.com **$11M** With 3 others
- **Sept** **[QuickPlay Media](https://millionrounds.com/company/quickplay-media)** Series C · CA · venturebeat.com **$15M** With 3 others
- **Aug** **[Presidio Pharmaceuticals](https://millionrounds.com/company/presidio-pharmaceuticals)** Series B · US · presidiopharma.com **$26M** With 4 others
- **Jul** **[6N Silicon](https://millionrounds.com/company/6n-silicon)** Series A · CA **$5.7M** With 1 other
- **Jun** **[Aquinox Pharmaceuticals](https://millionrounds.com/company/aquinox-pharmaceuticals)** Series A · CA **$15M** With 3 others
- **Apr** **[EQO](https://millionrounds.com/company/eqo)** Series B · CA · techcrunch.com **$9.0M** With 2 others
- **Apr** **[RapidMind](https://millionrounds.com/company/rapidmind)** Series A · CA **$8.9M** With 2 others
- **Mar** **[Serveron](https://millionrounds.com/company/serveron)** Venture · US · portland.bizjournals.com **$5.0M** With 6 others
- **Jan** **[Osprey Pharmaceuticals USA](https://millionrounds.com/company/osprey-pharmaceuticals-usa)** Venture · US **$5.9M** With 4 others
- **2006** 8 rounds
- **Oct** **[BelAir Networks](https://millionrounds.com/company/belair-networks)** Series D · CA · belairnetworks.com **$21M** With 7 others
- **Jul** **[Alder Biopharmaceuticals](https://millionrounds.com/company/alder-biopharmaceuticals)** Series B · US **$16M** With 3 others
- **Jun** **[Dabble DB](https://millionrounds.com/company/dabble-db)** Series A · CA · blog.dabbledb.com **Undisclosed** Sole investor
- **May** **[MacroGenics](https://millionrounds.com/company/macrogenics)** Series C · US · macrogenics.com **$45M** With 10 others
- **Feb** **[Marqui](https://millionrounds.com/company/marqui)** Series B · CA · bizjournals.com **$7.5M** With 1 other
- **Jan** **[Serveron](https://millionrounds.com/company/serveron)** Series F · US **$3.0M** With 6 others
- **Jan** **[Avokia](https://millionrounds.com/company/avokia)** Series B · CA **$6.4M** With 4 others
- **Jan** **[QuIC Financial Technologies](https://millionrounds.com/company/quic-financial-technologies)** Series B · CA · quic.com **$10M** With 3 others
- **2005** 3 rounds
- **Jul** **[Fresco Microchip](https://millionrounds.com/company/fresco-microchip)** Series A · CA · frescomicrochip.com **$15M** With 1 other
- **Jul** **[Alder Biopharmaceuticals](https://millionrounds.com/company/alder-biopharmaceuticals)** Series A · US **$11M** With 2 others
- **Jan** **[Double-Take Software Canada](https://millionrounds.com/company/double-take-software-canada)** Series A · CA **$11M** With 3 others
- **2004** 1 round
- **Jul** **[NeurAxon](https://millionrounds.com/company/neuraxon)** Series A · CA **$1.9M** With 2 others
- **2003** 1 round
- **Oct** **[OncoGenex](https://millionrounds.com/company/oncogenex)** Series B · US **$12M** With 3 others
- **2001** 2 rounds
- **Oct** **[Interomex BioPharmaceuticals](https://millionrounds.com/company/interomex-biopharmaceuticals)** Series B · CA **$4.0M** With 2 others
- **Jun** **[Serveron](https://millionrounds.com/company/serveron)** Venture · US **$17M** With 5 others

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.

## Exits from the portfolio

Companies it backed that were later bought or listed **8 in all**

**[Marqui](https://millionrounds.com/company/marqui)** Bought by Givex **Undisclosed** Sept 2014

**[OncoGenex](https://millionrounds.com/company/oncogenex)** Listed **Undisclosed** Jun 2013

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

**[Zeugma Systems](https://millionrounds.com/company/zeugma-systems)** Bought by [Tellabs](https://millionrounds.com/fund/tellabs) **Undisclosed** Nov 2010

**[Dabble DB](https://millionrounds.com/company/dabble-db)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **Undisclosed** Jun 2010

**[Viigo](https://millionrounds.com/company/viigo)** Bought by [BlackBerry](https://millionrounds.com/fund/cylance) **Undisclosed** Mar 2010

**[6N Silicon](https://millionrounds.com/company/6n-silicon)** Bought by Silicor Materials **Undisclosed** Feb 2010

**[RapidMind](https://millionrounds.com/company/rapidmind)** Bought by [Intel](https://millionrounds.com/fund/intel) **Undisclosed** Aug 2009

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

## The cheque

Series B Series A Series C

Median round joined **$11M** the round, not its cheque Alone, median **$6.4M**

Led 0 of 37 rounds **0%**

- **Sole investor:** 2 rounds
- **Last cheque:** Apr 2013
- **Exits:** 8 from the portfolio

Rounds by stage said on their site

- Series B *12*
- Series A *10*
- Series C *5*
- Venture *5*
- Series D *4*
- Series F *1*

Cheques by year Led Joined

2001 2013

Often in the room with

- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 11
- [GrowthWorks](https://millionrounds.com/fund/growthworks) 8
- [Celtic House Venture Partners](https://millionrounds.com/fund/celtic-house-venture-partners) 4
- [H.I.G. Capital](https://millionrounds.com/fund/h-i-g-capital) 4
- [Baker Brothers Investments](https://millionrounds.com/fund/baker-brothers-investments) 3
- [Cascadia Partners](https://millionrounds.com/fund/cascadia-partners) 3

**Pitching Ventures West?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

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

[**BDC Capital** VC firm **11** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**GrowthWorks** VC firm **8** rounds together](https://millionrounds.com/fund/growthworks)[**Celtic House Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/celtic-house-venture-partners)[**H.I.G. Capital** Growth equity **4** rounds together](https://millionrounds.com/fund/h-i-g-capital)[**Baker Brothers Investments** Growth equity **3** rounds together](https://millionrounds.com/fund/baker-brothers-investments)[**Cascadia Partners** VC firm **3** rounds together](https://millionrounds.com/fund/cascadia-partners)[**Johnson & Johnson Development Corporation (JJDC)** VC firm **3** rounds together](https://millionrounds.com/fund/johnson-and-johnson-development-corporation)[**Nth Power** VC firm **3** rounds together](https://millionrounds.com/fund/nth-power)[**Oregon Life Sciences** Investment firm **3** rounds together](https://millionrounds.com/fund/oregon-life-sciences)[**Sevin Rosen Funds** VC firm **3** rounds together](https://millionrounds.com/fund/sevin-rosen-funds)[**Washington Research Foundation** VC firm **3** rounds together](https://millionrounds.com/fund/washington-research-foundation)[**Yaletown Partners** VC firm **3** rounds together](https://millionrounds.com/fund/yaletown-partners)

## Quick answers about Ventures West

### What does Ventures West invest in?

Ventures West invests most often at Series B and Series A (59% of the rounds on record), in sectors such as Advertising, Enterprise Software and Venture Capital & Private Equity.

### How active is Ventures West?

37 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2013.

### How big are Ventures West's cheques?

The median round it joins is $11M.

### Does Ventures West lead rounds?

Rarely, if at all: none of its 37 investments on record names it as the lead.

### Where does Ventures West invest?

Most of the companies it backs are in Canada (68%) and the United States (32%).

### Is Ventures West investing now?

No investments in the last 12 months; the latest was in Apr 2013.

### Who does Ventures West invest alongside?

Most often BDC Capital (11 rounds together), GrowthWorks (8 rounds together) and Celtic House Venture Partners (4 rounds together).

### What kind of investor is Ventures West?

Ventures West is a VC firm based in Canada.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=ventures-west) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=ventures-west)