Canada’s B.E.S.T. Venture Capital Firm Celebrates Continued Growth

Toronto, Canada –  June 01, 2011 – BEST Investment Counsel Limited, one of Canada’s leading Venture Capital firms announced today that it is in the process of closing a very active first half of 2011 supporting the company’s position as one of Canada’s growing Venture Capital firms.

In its first half of 2011, BEST Funds has successfully invested in seven companies specializing in the engineering, science and technology field including; Kneebone Corp, Visionmax Inc, Cognivue Corp, CNSX Markets Inc, Echoworx Corp, Novus Health and Optessa Corp. with an aggregate of over $8 million invested.

 With over 15 years of venture investment experience, a strong management team, a demonstrated acumen in investing in early-stage technologies and over 350 successfully completed transactions to date, BEST Funds has positioned itself as an industry leader in the Venture Capital investment arena.  The firm is also gaining more attention from Canadian entrepreneurs like Miljan Braticevic, President and CEO of ComponentArt – a growing business intelligence solutions developer – looking to further grow their companies. Commenting on his company’s partnership with BEST Funds Braticevic notes that “This relationship has allowed us to obtain required financing while retaining full control of our company.  The team at BEST Funds is extremely professional and efficient, and we are fortunate to have found such a great long-term partner to help our company’s growth.”

 Speaking on the firm’s continued growth and success, BEST Fund’s CEO John Richardson remarked “We are exceptionally proud of the progress that BEST Funds continues to make in providing financing to Canada’s most exciting and promising companies. We would also like to extend our congratulations to these seven companies and are pleased to be providing crucial growth capital to those innovative and budding Canadian businesses allowing them to maximize their potential. We are especially pleased to report that some of the companies listed are existing portfolio companies and we are thankful for their continued partnership, trust and support.”

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