Yesterday local news aggregator and awesomator MediaMiser announced that it closed a million dollar in financing from the BDC and RBC.
From startup CEO Brett Serjeantson:
“This funding isn’t needed to keep the doors open,” stated Brett Serjeantson, MediaMiser’s chief executive officer and chief technology officer. “Rather, it’s needed so we can blow the doors off.”
What are they going to do with all that money in the bank? They claim to be hiring 15 new staff to help drive more business. But StartupOttawa insiders know that they’ve recently hired local newsy celebrity Jim Donnelly (formerly of the OBJ) and we also know that a million dollars will barely cover his annual expense account.
Still – it may be a good time to clean up the CV on Linkedin…By Scott Annan