Rossland tech firm poised for rapid growth with $2 million investment

By Contributor
July 3rd, 2013

Fulcrum Management Solutions Ltd., makers of Thoughtstreamannounces the successful closing of its third investment round of two million dollars led by Toronto’s First Generation Capital Inc. 

“This is an exciting investment,” said Ian Ihnatowycz, President and CEO of First Generation Capital Inc.  “I’ve been very impressed with the team, the vision of the product and the sales traction to date. Thoughtstream offers a uniquely powerful solution for online stakeholder engagement and the potential is huge.” 

Thoughtstream is a stakeholder engagement solution, used by the private and public sectors as well as associations and non-profit organizations. It provides a comprehensive online platform and accompanying services. Thoughtstream enables customers to connect with the people affected by a decision and hear what is most important to them.

This disruptive software and service is now experiencing a rapid growth phase as customers see the benefit of creating buy-in, building trust and informing their decisions through effective stakeholder engagement.

“Closing a third round of successful investment indicates we are on track with our business and strategic plan for growth,” said Amos Michelson, Thoughtstream Chairman. “The funds will enable us to further enhance our software and services and to continue to deliver exceptional value during this rapid growth phase of the company.”

As a result of this rapid growth, Thoughtstream announces the addition of eight new positions, with a preference for candidates in the Kootenays in the areas of sales, software development and customer support.  Visit www.thoughtstream.ca in the coming weeks to see posted positions. 

“We’re excited to be hiring in the Kootenays and building a strong BC based high tech company. We see this as the way to continue to provide the strong customer support and innovation of our first few years,” said Jim Firstbrook, Thoughtstream CEO. “It’s great to see First Generation participating for a second time showing confidence in our business model.”

Thoughtstream is a software and services company committed to building and supporting online collaboration solutions. Thoughtstream was founded in 2009 by innovative software developer Jim Firstbrook, highly respected business leader Amos Michelson and charismatic community engagement consultant Dave MacLeod. They shared a belief that powerful online tools could be developed to leverage the power of the internet to resolve challenges by making meaningful group interactions efficient, inclusive and insightful.

Thoughtstream is designed and owned by Fulcrum Management Solutions Inc. www.thoughtstream.ca

Categories: BusinessGeneral

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