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VeriCorder Technology, Inc.

Shoot, edit, send, transcode & instantly upload broadcast-quality multimedia news content from an i-Phone "as fast as Twitter".

  • Stage $500K in TTM Revenue
  • Industry Software
  • Location Kelowna, BC, Canada
  • Currency CAD
  • Founded April 2008
  • Employees 14
  • Website vericorder.com

Company Summary

VeriCorder competes in the $50B online publishing space: specifically, in the news-gathering addressable market of $1B - providing hardware & software using a SAAS model to turn an iOS device (such as i-Phone) into a professional-quality video recorder and editor that also sends and transcodes the results for posting to either the web or a professional newsroom. Even semi-skilled people can shoot, edit and post content from the field in minutes!

Team

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    Douglas Symons
    CEO

    A seasoned business executive with 33 years experience in the insurance industry, Doug is President & CEO of Goran Capital Inc., a Toronto-based holding company. Doug is also President and CEO of Symons International Group Inc. of Indiana. Goran Capital is focused on private equity investments. In 2008 Doug placed his first investment in VeriCorder Technology. Doug is a member of the World Presidents Organization.

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    Gary Symons
    President & CTO

    Gary is a co-founder of VeriCorder, having developed our cutting-edge media publishing technologies. He is an award-winning veteran journalist and editor for news organizations such as the CBC. His challenge was to cover news in remote areas, with little or no broadband coverage! He conceived and helped develop CBC’s first wireless reporting field kit. Gary has raised $3 million to finance VeriCorder’s operations. (25+ years experience).

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    Bill Green
    CFO

    Bill Green, CMA, has nearly 25 yrs work experience. He began with a startup, which grew to 350+ locations across North America; and then spent 13 yrs with Slocan Forest Products, managing budgets of $30M+, as well as planning & guiding growth in operations: including the development of product selection models. Bill joined VeriCorder in 2010 and has developed all financial & admin. structures necessary to drive the company forward.

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    TBD TBD
    VP Sales and Marketing

    Currently, VeriCorder has a small sales team and an expanding distribution network. On successful completion of the financing round, we plan to add a VP of Sales & Marketing.

Advisors

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    Pushor Mitchell (Andrew Brunton, Blair Forrest) / Horsepower IP (Antony Edwards)
    Lawyer
    Unconfirmed
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    KPMG
    Accountant
    Unconfirmed

Previous Investors

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    Investors: $1.050 million
    Unconfirmed
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    SIDIT (grants / debt converted to equity): $1.95 million
    Unconfirmed
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    Grants et al: SR&ED: $0.655 million, CMF: $0.47 million, IRAP: $0.3 million
    Unconfirmed