Alumni founders at Vidyard announce $35M raised
Vidyard, a video platform company founded by Waterloo Engineering alumni has announced the successful raise of $35 million (USD) in their Series C financing round today.
Led by Battery Ventures out of Boston, the Series C also includes backing from existing investors, like Bessemer Ventures who led Kitchener-based Vidyard’s Series B just last year. Adding more fuel to power the business, the company is now valued at about $350 million (USD) according to a Wall Street Journal report.
The University of Waterloo received a global shout out from Prime Minister Justin Trudeau during his keynote
Ottawa at the institute’s annual awards banquet.
Claudio Cañizares
Mohamed Kamel, a recently retired electrical and computer engineering professor, died December 4.