Oz raises $34M more for mobile messaging

OZ, a Montreal consumer mobile messaging company, said it has raised USD$34 million in a second round of financing.

Leading the second round is the Caisse de dépôt et placement du Québec, a Canadian institutional fund manager. VantagePoint Venture Partners, a Silicon Valley-based venture capital firm which led OZ’s first $27.3 million round of financing, also participated, along with Fonds de Solidarite (FTQ), a Canadian capital investment fund.

The company’s software, downloaded onto cellphones, enables… Continue Reading