OMERS Ventures Announces Hiring of Kevin Kimsa as Venture Partner

TORONTO, ONTARIO--(Marketwired - June 4, 2013) - OMERS Ventures, the venture capital investment arm of the OMERS pension plan, announces Kevin Kimsa is joining its team as Venture Partner. In this role Mr. Kimsa will support both early and later-stage growth portfolio companies in the North American market, with a focus on the Technology, Media and Telecommunications (TMT) sectors.

"As an accomplished entrepreneur, Kevin has a deep, hands-on understanding of what it takes to build and operate great companies. His knowledge and experience will be of huge value to OMERS Ventures, our portfolio companies and investment partners," said John Ruffolo, CEO of OMERS Ventures.

Mr. Kimsa has spent more than 20 years in operational management positions at growth companies. This includes his continuing role as Executive Chair of AudienceView Ticketing Inc., a company he co-founded in 2002 which today provides a live event e-commerce platform serving 170 clients in 15 countries.

His past successes include co-founding Solect Technology Group, an IP billing software firm acquired by Amdocs Inc. in 2000 for US$1.2 billion. As Solect's Chief Operating Officer Mr. Kimsa was part of a management team that completed four financing rounds with a mixture of venture capitalists and strategic investors. He also founded software firm Casero Inc., which was acquired by Radialpoint in 2009.

Mr. Kimsa is a 2002 recipient of Canada's Top 40 Under 40 Award, and is a Board member of Toronto East General Hospital and the Centre for Business, Entrepreneurship and Technology, University of Waterloo (Advisory Board). He holds a Bachelor of Mathematics degree with a major in computer science and statistics from the University of Waterloo.

About OMERS Ventures

OMERS Ventures (Twitter: @OMERSVentures) is the venture capital investment arm of OMERS, one of Canada's largest pension funds with nearly $61 billion in net assets. It is an initiative of OMERS Strategic Investments (OSI), an investment entity with a mandate to build long-term strategic relationships with like-minded partners. As both an institutional angel investor and a later-stage investor, OMERS Ventures is looking for successful companies with significant growth potential and market opportunities. We are seeking like-minded partners with a shared vision of building a vibrant and successful knowledge economy. For more information please visit www.omersventures.com.