December 23, 2011

2011 showed us what Canadian startups are really made of

Christine Wong

There were some incredible highs and lows for tech entrepreneurs this year.   

On the positive side, there were numerous (34 according to an informal count by Techvibes.com) that made successful exits through being acquired: , Radian6 (both by Salesforce.com), Flock, Five Mobile (both by Zynga), PostRank (by Google) and Back Type (by Twitter).  

One of those deals even involved a resurrection of sorts (okay, now I’m leaving the Christmas motif and veering into Easter territory) as , just weeks after declaring it was shutting down due to lack of capital, was snapped up by Postmedia Network Inc.



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