Roger Chabra Joins Rho Canada as a Partner


<p><location>MONTREAL</location>, <chron>Jan. 25</chron> /CNW/ -- Rho <location>Canada</location>, an early-stage venture firm focused on technology-based companies, today announced that Roger Chabra has joined the firm as its newest partner. Chabra will focus on making early-stage investments in IT and media markets.</p>
<p>"Roger possesses the rare combination of investment savvy, operational experience and an entrepreneurial spirit," said Rho <location>Canada</location> Partner <person>Jeff Grammer</person>. "We are pleased to welcome him to Rho <location>Canada</location> and are confident that his track record of solid investments and deep knowledge base will benefit our ventures across a broad range of markets."</p>
<p>An executive with a 15-year background in technology, telecommunications and digital media as an investor, entrepreneur and operator, <person>Mr. Chabra</person> comes to Rho <location>Canada</location> after three years with GrowthWorks Capital, where he focused on software and digital media investments. While at GrowthWorks, <person>Mr. Chabra</person> sat on the boards of 10 early-stage companies including NetShelter, Paymentus, Xkoto and Whitehill (acquired by Oracle), and worked in a variety of technology-focused roles with Rogers Wireless and CNC Global. Prior to his experience with Canada's two largest wireless carriers, Roger was the co-founder and CEO of Mobilessence, one of North America's earliest startups focused on virtual goods and content for smart phones. <person>Mr. Chabra</person> is an MBA graduate of the <person>Richard Ivey School</person> of Business at the University of Western Ontario and is also a graduate of the Venture Capital Institute. He currently serves on the Professional Development Committee of the Canadian Venture Capital Association.</p>
<p>"The Rho team is well known to me through a co-investment in NetShelter in 2008, and they share my passion for building great companies and delivering superior returns to all shareholders," said <person>Mr. Chabra</person>. "I am excited to be joining such an experienced group of venture investors, who are bringing a unique model to the Canadian venture landscape. I look forward to helping to build upon Rho's success and accelerating the growth of our portfolio companies."</p>

    About Rho Canada
<p>Rho <location>Canada</location>, based in <location>Montreal</location>, is dedicated to backing leading, early-stage technology-based companies in <location>Canada</location>. Formed in 2006, Rho <location>Canada</location> is affiliated with Rho Ventures in the US and leverages off Rho Ventures' 25+years of experience in investing in venture-stage companies.</p>


For further information: For further information: Jenna Brown for Rho Canada, +1-781-791-4558, Web Site:

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