Ottawa’s Coral CEA invests in four Toronto based startups

Coral CEA, a not-for-profit open innovation network based here in Ottawa, has invested $120,000 in four companies located at Ryerson University’s Digital Media Zone (DMZ). What is the DMZ? It’s a workplace and incubator designed for young entrepreneurs. It’s members have access to overhead and business services, which means students and alumni can fast track their product launches.

Companies involved in the investment include:

  • ARB Labs Inc. designed a software application that that allows any video display to create an immersive 3D effect – without the need for goggles or glasses
  • Greenguage Inc. developed a software tool for smartphone and Web that blends mobile technology with the green movement allowing monitoring of Corporate Social Responsibility efforts
  • HitSend Inc. offers an online platform to enable and enhance community-based change by tapping into the community’s collective voice
  • ViaFoura Inc. created a cloud-based plug and play user engagement and gaming platform for online content sites

 Check out what the DMZ is all about below:

By Carolynn Lacasse

One Response to “Ottawa’s Coral CEA invests in four Toronto based startups”

  1. Andrew  on February 25th, 2012

    “Its members have access to” not “It’s members have access to”.

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