VEC, founded in collaboration with autism experts from around the world, will use the funds to meet the growing demand for its first product suite, AutismPro, launched in October 2006. VEC is responding to a global need from educators, professionals, and parents of children with autism for expert guidance, training, and resources.
"VEC has developed an online software expert system that empowers parents to be pro-active in treating their child with autism in a way that complements existing therapies and works in collaboration with teachers and therapists. BDC is proud to be supporting this very important opportunity," added Steven Abrams, Director, BDC Venture Capital.
Virtual Expert Clinics (VEC) Inc. develops Web-based software tools for guiding programs for children with special needs. The company's first product, AutismPro Home , is a nine-step subscription-based online software program that allows parents to design, manage and deliver customized therapeutic programs for their children with autism. Other versions meet the needs of teachers (AutismPro Educator) and therapists (AutismPro Professional). Created in conjunction with world-class autism experts utilizing a range of treatment methods, AutismPro offers relief to parents and professionals of children with autism by delivering affordable and easy access to professional tools for program guidance and management.
BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and are positioned to become dominant players in their markets. BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 different companies. It currently manages approximately $750 million in venture capital assets invested in the areas of Life Sciences, Telecommunications, Information Technology, Advanced Technologies and Funds Investments.
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