About Skypoint Capital
Skypoint Capital is a venture capital firm founded in 1998. It is primarily based out of Ottawa, Canada. As of Aug 2010, Skypoint Capital has invested in 15 companies. It primarily invests in Series A round in Canada based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Enterprise Infrastructure and Telecom. Most recently it participated in the $***** Series C round of Accedian Overall, Skypoint Capital portfolio has seen 13 acquisitions including key companies like Meriton Capitals, GridPoint and CounterPath. A lot of funds co-invest with Skypoint Capital, with names like BDC sharing a substantial percentage of its portfolio. Skypoint Capital has team of 6 people including 4 partners.Key Metrics
Skypoint Capital's List of Top Investments
Skypoint Capital has a portfolio of 15 companies. Their most notable investments are in Galazar and Teradici.Their portfolio spans across Canada, Israel, United Kingdom and 1 more locations. They have invested in Enterprise Applications, Enterprise Infrastructure, Telecom and 5 other sectors, across stages such as Series A, Series C and 2 more. Here is the list of top investments by Skypoint Capital:Optical networking products. Products include carrier ethernet transport, OTP for consolidating optical transport capabilities within a single network element, and NPT that helps in the design and planning of optical networks. Also offers network management software, amplifiers, and accessories. It also offers technical assistance, hardware replacement, implementation, network health check, training, and network optimization services.
Key facts about Meriton Capitals
- Founded Year: 2000
- Location: Ottawa (Canada)
- Stage: Acquired
- Total Funding till date: $54M
- Employee Count: 441 as on Dec 31, 2021
- Investors: Royal Bank of Canada, Rising Tide Fund and 7 Others
- Latest Funding Round: Series C, Jun 27, 2005, $*****
- Highlight: Acquired
2. GridPoint
GridPoint is a provider of data-driven energy management solutions (EMS). The company leverages real-time data collection, big data analytics, and cloud computing to maximize energy savings, operational efficiency, capital utilization, and sustainability benefits. The company offers 'GridPoint energy management hardware' - that includes submetering, and advanced monitoring devices that enable the management and measurement of energy endpoints, including controllers, submeters, thermostats, and sensors. Its cloud-based software platform, 'GridPoint Energy Manager' - monitor and manage energy-consuming assets, such as HVAC and lighting systems.
Key facts about GridPoint
- Founded Year: 2003
- Location: Reston (United States)
- Stage: Acquired
- Total Funding till date: $584M
- Employee Count: 188 as on Feb 28, 2026
- Investors: Robeco, Goldman Sachs and 25 Others
- Latest Funding Round: Series G, Mar 31, 2025, $*****
- Highlight: Acquired
_1551263398619.png?format=webp&height=120&width=120){kind=logo}
3. CounterPath
Counterpath is a cloud-based unified communication management software provider. The core product portfolio includes server applications, SIP-based softphones, and fixed-mobile convergence(FMC) solutions that enable enterprises and telecommunication service providers to deliver a unified communications experience across voice, media, and chat platforms. The flagship product of the company is Bria, which is the most advanced softphone client application which enables the users to do VOIP calls, instant messaging and video conferencing via desktop, mobile, and tablets. It also offers SDKs and APIs to its clients for creating customized solutions. Its clientele includes BT, Avaya, Rogers, Comcast, etc.
Key facts about CounterPath
- Founded Year: 2002
- Location: Vancouver (Canada)
- Annual Revenue: $12.1M as on Apr 30, 2020
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $28.6M
- Employee Count: 48 as on Jul 01, 2024
- Investors: BDC, Skypoint Capital and 3 Others
- Latest Funding Round: Post IPO, Jun 09, 2020, $*****
- Highlight: Acquired
4. Teradici
Offers PCoIP and remote desktop solutions. It provides a protocol that delivers an uncompromising, virtual desktop experience. Its PCoIP products include zero clients, optimized thin clients, hardware accelerator, remote workstation Card, Workstation Access Software, and management Console. It also offers cloud services such as VDI, DaaS, and Remote Workstation. It serves and Government, Education, Financial Services, Healthcare, Media & Entertainment, Architecture, Engineering and Construction industries.
Key facts about Teradici
5. Accedian
Cloud based platform offering unified IT management solutions. It provides a performance monitoring system that assures performance for mobile networks and enterprise to data center connectivity. The solution includes orchestration, testing, and monitoring solutions to accelerate deployment, deliver granular performance monitoring, and interface to monitor the activity. Clientele includes CGI, Telefonia, Jio, COX Communication, T Mobile, and Thomson Reuters.
Key facts about Accedian
- Founded Year: 2004
- Location: Montreal (Canada)
- Stage: Acquired
- Total Funding till date: $31M
- Employee Count: 56 as on Dec 31, 2022
- Investors: WP Global Partners, Summit Partners and 5 Others
- Latest Funding Round: Series C, Aug 03, 2010, $*****
- Highlight: Acquired
Skypoint Capital's Investments by Stage
Skypoint Capital has made 10 investments in Series A stage with an average round size of $6.71M, 3 investments in Series C stage with an average round size of $26.2M, 1 investment in Series B stage with an average round size of $18M and 1 investment in Series D stage with an average round size of $10M.Stage of entry | No. of Investments |
|---|---|
Series A | 10 |
Series C | 3 |
Series B | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
Skypoint Capital's Investments by Sector
Skypoint Capital has a diverse portfolio, with companies operating in the Telecom, Enterprise Applications, Enterprise Infrastructure, Energy Tech and Environment Tech. Notably, it has invested in 14 Enterprise (B2B) companies, 14 Tech companies, 8 Software companies and at least 5 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Telecom | 9 |
Enterprise Applications | 5 |
Enterprise Infrastructure | 4 |
Energy Tech | 2 |
Environment Tech | 2 |
Others | 7 |
Note: We have considered here, only first round of investments
Skypoint Capital's Investments by Geography
Skypoint Capital has made most investments in Canada (12), followed by Israel where it has made 1 investment.Country | No. of Investments |
|---|---|
Canada | 12 |
Israel | 1 |
United Kingdom | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Skypoint Capital's recent investments
Skypoint Capital has not made any investment in 2026 so far.Here are the most recent investments by Skypoint Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 03, 2010 | Canada | Series C | 5207 | [+1] | |
Apr 07, 2009 | Canada | Series C | 9391 | [+4] | |
Jan 19, 2009 | Canada | Series B | 7504 | ||
Feb 14, 2008 | Canada | Series B | 5181 | ||
Oct 01, 2007 | Canada | Series A | 6724 | [+3] |
Acquired companies in Skypoint Capital's Portfolio
13 companies from Skypoint Capital's portfolio have been acquired. The most recent acquisition was Accedian in Jun 2023 by Cisco for $*****.Here are Skypoint Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 21, 2023 | Mar 09, 2006 | Series A | 7490 | |
Jul 28, 2021 | Feb 14, 2007 | Series B | 4869 | |
Dec 06, 2020 | Apr 20, 2005 | Series A | 7512 | |
Oct 28, 2015 | Jan 01, 2006 | Series A | 7062 | |
Jan 01, 2012 | Dec 16, 2004 | Series A | 8140 |
_1551263398619.png?devicePixelRatio=2&height=20&width=20){kind=logo}
Team profile of Skypoint Capital
Skypoint Capital has a team of 6 members including 4 Partners located in Canada and United States. Skypoint Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Skypoint Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Ottawa | - | - | |
Partner | Burnaby | - | ||
Partner | Boston | - | - | |
Partner | Ottawa | - | - |
Co-investors of Skypoint Capital
Over the past 26 years, 74 investors have co-invested in Skypoint Capital's portfolio companies. This includes only funds.
- Invested before Skypoint Capital: Advantage Capital, JVP and 9 others have invested in rounds before Skypoint Capital. There is 1 company where Advantage Capital has invested before Skypoint Capital and 1 company where JVP has invested before Skypoint Capital.
- Top Co-investors of Skypoint Capital: 26 investors entered a company along with Skypoint Capital. These include investors like BDC (5 companies).
- Invested after Skypoint Capital: A total of 37 investors have invested in Skypoint Capital's portfolio after their investments. Top Investors include Goldman Sachs (2 companies), RBC Capital Markets (2 companies) and Standard Renewable Energy Group (1 company).
Recent News related to Skypoint Capital
•
•
Spotwave Raises $10M - ME Consultingmarkevans.ca•Jan 30, 2006•Spotwave, Motorola Mobility, Newbury Ventures, VG Partners and 4 others
•
SPOTWAVE® | Cell Phone Signal Booster - Repeater | 2006 News ReleasesSpotwave•Jan 17, 2006•Spotwave, Motorola Mobility, Newbury Ventures, VG Partners and 4 others
•
SIPquest Secures $6 Million in Series B Funding | Business WireBusiness Wire•Apr 20, 2005•FirstHand Technologies, Skypoint Capital, Covington Group
•
Atreus Systems Completes $13 Million Equity RoundBusiness Wire•Sep 11, 2003•Atreus Systems, TELUS Ventures, BDC, Mobius Venture Capital and 4 others
•
