CanRock Ventures participation confirmed

July 26, 2011 at 3:58 pm | Posted in Uncategorized | Leave a comment
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OCTIE welcomes the participation of CanRock Ventures.

 

Canrock Ventures is an early stage technology venture capital fund. They focus on turning good technology ideas into great technology businesses. Canrock was founded in 2010 by Jim Estill, Mark Fasciano and Ted Smith.

Jim Estill founded EMJ Data in 1979 and grew the company to $350,000,000 in sales. Jim sold EMJ to SYNNEX in September 2004 and became CEO of SYNNEX Canada growing sales from $800,000,000 to $2 Billion in May 2009. Jim was one of the founding board members of RIM where he served for 13 years.

Mark Fasciano has 14 years of technology startup experience, and is a serial entrepreneur. In 1996 he co-founded FatWire Software and helped grow the company to become a leading Web Content Management software provider, doing $40,000,000 in sales. Mark is currently the CEO of Karma411.com and Chairman of General Sentiment.

Ted Smith has been Chairman and CEO of John Hassall, Inc., a privately held manufacturer of cold formed rivets, since 2004. From 1997 to 2004, Ted served as president of John Hassall and prior to that he served in various positions in manufacturing and sales for John Hassall, Inc. Ted currently is a board member of Global Telecom & Technology.

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