CIX Top 20 – 2012

CIX Top 20 Canada's Hottest Innovative Companies

We’ve written about CIX Top 20 Follow @CIXCommunity in 20082009, 2010 and 2011. So you’ll be shocked to find that I’m writing about it again in 2012.

What is CIX?

“The CIX Top 20 is an elite index of the most forward-looking companies in the Canadian innovation ecosystem, and connects the key players driving technology-based business both in Canada and beyond.”

Who should apply?

“The CIX Top 20 is open to any Canadian company working in Digital Media or Information and Communication Technology with annual revenues under $10 million.”

Why do you care?

These are some of the leading companies in Canada. Don’t believe me, past participants include:

Alright, there probably is a correlation between the success of these companies and their CIX submission and attendance. But CIX is an amazing opportunity for Canadian startups to generate attention, drive awareness with investors and media, get input and feedback in a safe environment and start to build connections.

You miss 100% of the shots you don’t take.” Wayne Gretzky

Nothing is foregone conclusion, as in past performance is not an indicator of future success. But you can’t win if you don’t apply (follow the directions on the bottom of the page).

The Startup Backoffice

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Scalabiity Inc

StartupNorth contributor Ray Luk (LinkedIn, @raylukannounced the launch of Scalability Inc. (@scalabilityinc). It’s a great service that provides backoffice services including bookkeeping, accounting, government filings, payroll, record keeping, and human resources. It’s the combination of tools and the people with the expertise to help with timing that can make a huge difference. Ray seems to have nailed a need in the marketplace with Scalability Inc.

It’s great to see startups building these unsexy tools, and sharing their experiences. It’s particularly interesting to see how many Canadian startups are playing in the unsexy backoffice space. Scalability Inc., Wave Accounting (announced $12MM from Social+Capital), TribeHR ($1MM from David Skok at Matrix Partners), Shopify ($22MM from Bessemer), Dayforce (acquired by Ceridian), it seems like Canadians like critical business apps.

What are the must have tools that you are using in your startup’s back office?

Sales & Inventory

Analytics & Business Intelligence


Human Resources

Accounting & Payroll & Expenses




Bookkeepers & Accountants

What are you using in the back office? Who are the consultants and providers that we’ve missed?


Who Will Be Canada’s Hot Startups in 2012?

Editor’s note: This is a cross post from Mark Evans Tech written by Mark Evans of ME Consulting. Follow him on Twitter @markevans or This post was originally published in January 3, 2012 on

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The flurry of high-tech deals last year saw a bunch of promising startups snapped up – Zite, Rypple, PostRank, PushLife, Tungle and Five Mobile to name a few.

The encouraging part of the Canadian landscape is the growing number of high-quality startups being created and, thankfully, funded. It means that rather than having M&A activity “hollow” things out, there are more startups ready to step into the spotlight.

So, who are the Canadian startups that warrant our attention in 2012?

Who’s going to grow in a major way, attract a significant number of users and customers, launch exciting initiatives, or be acquired. Granted, it’s a subjective list but it is an interesting way to speculate on companies that will capture the spotlight this year. If you leave a comment, I’ll update the list.

To get the ball rolling, here are some of my choices for the “Hot Startup” list:

  • ScribbleLive, the world’s leading real-time content creation and publishing company whose clients include Reuters, AP and FA.
  • WineAlign, which cracked the 100,000 unique visitor mark for the first time in December
  • 500px, one of the leading places to display and share beautiful photography
  • Pressly, whose technology is helping publishers create mobile Web sites that embrace the “swipe and read” functionality of apps
  • QuickMobile, one of the leading event and conference mobile application developers
  • Atomic Reach, which makes it easier for brand to discover, publish and market content
  • Wave Accounting, which recently raised $5-million to drive growth of its free online accounting service
  • Keek, which offers a video-based social network
  • Fixmo, a mobile security company that recently raised $23-million
  • TribeHR, which develops human resources service for small and medium businesses
  • GoInstant, which is creating technology that lets people co-browse a Web site at the same time.

Note: ScribbleLive and Atomic Reach are digital marketing clients of my company, ME Consulting.
Editor’s note: This is a cross post from Mark Evans Tech written by Mark Evans of ME Consulting. Follow him on Twitter @markevans or This post was originally published in January 3, 2012 on