While Canada the world continues to go “Cuckoo for Cocoa Puffs” Vancouver-based Constructive which is a developer of B2B community and social networking based sites and solutions has received a new financial partner with Yaletown Venture Partners. The size of the investment was not made public and Constructive will also add three new board members, Steven Hnatiuk, Co-Founder and Partner of Yaletown Venture Partners, and Janet Wood, Senior Vice President of Customer Assurance for SAP at Business Objects. Joining as Executive Chair is Laurie Wallace, a past executive of PMC-Sierra best known as a serial entrepreneur who has launched and led two successful technology companies with targeted experience in the digital media and wireless industries.
“We’re seeing the powerful effects of consumer social networking migrate into the B2B space,” said Steven Hnatiuk, general partner at Yaletown. “However, there are few viable solutions out there that are designed to address the unique requirements of businesses. Constructive is well positioned to take full advantage of this trend.”
Constructive offers both a free and paid-branded solution for developing B2B online communities.
Founder of Profectio of business sites which includes 
