Bti Systems Inc.

Telecommunications · Ottawa, Ontario, Canada

AI

Bti Systems Inc. is a telecommunications company based in Ottawa, Ontario, Canada. It has raised at least $74.4 million across 1 known rounds, of which $4.5 million was reported to the SEC on 1 Form D filing, most recently in 2015.

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Total raised
$74.4M
9 rounds
$74.4M filed with the SEC
DateRoundAmountRaised to dateLead investorSource
2015-03-02$4.5M$74.4MSEC Form D
2013-12-04+1 amd$27.0M$69.9MSEC Form D
2013-01-04$8.5M$42.9MSEC Form D
2011-04-07$23.0M$34.4MSEC Form D
2010-01-25$3.3M$11.4MSEC Form D
2009-11-25$2.5M$8.1MSEC Form D
2009-10-19$1.5M$5.7MSEC Form D
2009-06-03$1.7M$4.2MSEC Form D
2009-04-08$2.5M$2.5MSEC Form D

SEC rows are Form D filings, where the amount is what was actually sold and amendments update a round rather than adding one. Press rows are split between company-issued releases or wires and editorial or third-party coverage. The total is therefore a floor: a round nobody reported is a round we cannot see. A buyout or control change appears in the timeline but is never added to the total: that money goes to shareholders, not into the company.

Form D is the notice a company files with the SEC when it sells securities without registering them. It reports the amount sold, not a valuation. Figures here are what the filing says. Where a filing is silent, the field is left blank rather than estimated. “Total raised” adds press-reported rounds that never appear in a filing, so it is a floor rather than an audited sum: press amounts are the figures the company announced, and a round nobody reported is a round we cannot see.