Dejero Announces Successful Recapitalization to Accelerate Growth
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Vertu Capital and Ubicom Ventures partnered to complete transaction
WATERLOO, ON, April 21, 2021 /PRNewswire/ - Dejero, an innovator in resilient connectivity for critical communications, today announced a $60 million minority recapitalization of the business, led by Vertu Capital. Vertu partnered with Ubicom Ventures, a special purpose investment entity in partnership with Dejero management, to complete the transaction and pave the way for accelerating the company s growth.
Founded by Bogdan Frusina in 2008, and led by Bruce Anderson, CEO, Dejero is headquartered in Waterloo, Ontario, one of Canada s top tech hubs, with offices in the US and UK, and a global distribution network. The company s live video and real-time data transmission solutions are used by leading broadcasters, production companies, public safety and government agencies, along with enterprise customers aroun