TORONTO, ONTARIO--(Marketwired - Jan. 9, 2014) - Difference Capital Financial Inc. ("DCF") (TSX:DCF)(TSX:DCF.DB) today announced that it has made a $2 million investment in BTI Systems Inc. ("BTI"), a leading provider of intelligent networking software and systems. BTI's solutions empower content providers and telecommunication carriers to capitalize on the demand for bandwidth driven by long-term trends in cloud services, mobility, and internet video.
"We are very pleased to add BTI to our portfolio," said Tom Astle, Managing Partner at DCF. "We believe that BTI's core strengths in high performance networking and its increasing focus on cloud networking and data center connectivity for service and content providers represent a significant later-stage investment opportunity for us."
BTI is a global company with major offices in Ottawa and Boston, and regional sales, marketing and R&D centers of excellence throughout the world. Other investors in the company include: Bain Capital Ventures, BDC, Covington Capital and GrowthWorks.
"We look forward to leveraging our latest round of $27 million in financing to continue to develop solutions that enable our customers to increase performance, drive new revenues and reduce costs and complexity," said Ken Taylor, Chief Financial Officer at BTI. "Through significant innovations and open standards we are taking a leadership role in helping to virtualize data center networks."
About Difference Capital Financial Inc.
Difference Capital Financial Inc. is a publicly-listed, Toronto-based specialty finance company focused on creating shareholder value through strategic investments in, and advisory services for, growth companies, particularly in the technology, media and healthcare sectors, as well as through opportunistic investments in undervalued financial assets and real property.