SendtoNews.com Closes $1 Million In Angel Financing

BY: 

Dave Forde
December 12, 2011

SendtoNews.com to announced this week that it has closed a $1 million financing round from angel investors led by Elton, Adrian and Myron Pereira & Don Wharton, all Co-Founders at ParetoLogic Inc. The funds are targeted to accelerate North American expansion out of its offices in Victoria, San Francisco and New York.

“This round of angel financing will allow us to grow our team, aggressively increase our sales and marketing efforts into the sports event marketing and advertising industries, and continue to innovate and scale our technology to keep pace with the rapid adoption of our cloud-based news distribution platform,” said new CEO Greg Bobolo.

The startup was first launched at the Vancouver 2010 Olympics where more than 1,450 reporters used the SendtoNews platform to send video to their home networks in over 200 different countries. The platform has since been used for high-profile sporting events worldwide and adopted by North America’s largest news organizations.

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Dave Forde


Dave “The Connector” Forde has been involved in the marketing, public relations and technology industry across Canada for over 20 years in various sales and marketing roles, he launched The Connected One network of business sites which connects buyers to the right sellers. Profectio and PR In Canada covers news about the marketing and public relations industry each day helping professionals advance their career and businesses. He also serves as an advisor to a number of businesses across the country. Find Dave on LinkedIn and Twitter.


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