Granite Networks provided colocation, managed services and cloud hosting services to business and government clients in Eastern Ontario and Western Quebec from its Ottawa base. In September 2013, Rogers Networks purchased Granite Networks for a cash consideration of $6.25 million. Founder and CTO Jason van Gaal, was pleased to deliver a 57% annualized return on investment to his Angel One investors.
Industry: Information and Communication Technology
First Angel One Investment: April 2013
Exit Date: September 24, 2013