Social networks
1,975 3,914Entity types
Location
390 March Rd Suite 110, Kanata, ON K2K 0G7, Canada
Ottawa
Canada
Employees
Scale: 51-200
Estimated: 47
Engaged corporates
6Added in Motherbase
3 years, 3 months agoWesley Clover is a private, global investment management firm and holding company. Under the direction of founder, Chairman and serial technology entrepreneur Terry Matthews, the focus is to fund and grow successful technology companies. More than 100 firms have been created to date. Early data networking giant Newbridge Networks, and current global business communications leader Mitel are particular highlights. In total, more than 140 founders have been backed by Wesley Clover, with more than $1.0B in direct investment. The portfolio has produced 20 IPOs, slightly more than that number of exits via acquisition, and more than $3.5B in public returns.
The portfolio regularly has more than 40 investments under active management around the globe, including start-ups in the incubation stage, first-product firms in the accelerator phase, and more mature companies that trade publicly. All are committed to next-generation Cloud and SaaS applications for fixed and mobile communications, video analytics, security, customer engagement, business enablement and more. Deal flow includes companies within the Enterprise SaaS Accelerator, L-SPARK, which Wesley Clover formed in partnership with local government and other parties in 2014, as well as the Alacrity Global Ecosystem of technology partnership funds which have been deployed in at least ten countries. Mature funds have active companies in local portfolios, and newer locations are formalizing the partnerships and operations required to start first cohorts.
ICT, Commercial and Leisure Real Estate, Charitable Foundation, Incubator and Accelerator, and Investment Management
Terry Matthews is founder and Chairman of Wesley Clover. Since 1972, Terry has founded or funded more than 100 companies, including Mitel and Newbridge Networks. Today, Wesley Clover has interests around the world in next-generation companies focused on technologies and applications across many industries.
Corporate | Type | Tweets | Articles | |
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Vodafone Telecoms, Telecommunications | Vodafone Telecoms, Telecommunications | Other 26 Jul 2024 | | |
Direction générale du Trésor National and local authorities | Direction générale du Trésor National and local authorities | Other 29 Jun 2024 | | |
MX Finance, Financial Services | MX Finance, Financial Services | Other 20 Mar 2019 | | |
Deloitte Consulting, audit, Business Consulting and Services | Deloitte Consulting, audit, Business Consulting and Services | Other 28 Nov 2018 | | |
Alacrité France IT Services and IT Consulting | Alacrité France IT Services and IT Consulting | Other 21 Dec 2021 7 Jun 2024 | | |
Salesforce IT services, Internet | Salesforce IT services, Internet | Other 13 Feb 2020 | |