Ontario tech sector booms


Things are looking bright for Dan Leibu and League Inc., a digital health and benefits platform he founded with three friends two years ago in Toronto.

League plans to triple staff to as many as 200 by the end of the year and start offering services in the U.S. The company provides an alternative to traditional benefit plans offered by insurers, targeting small and medium-sized businesses that appreciate its flexibility and easy access. It received $25 million in venture funding last year from one of Canada’s largest pension plans, among others.

“We’re just racing to catch up with the demand,” Leibu, 43, said in an interview in the company’s office in the MaRS Discovery District, an innovation hub that fosters technology and medical start-ups like League in the city’s hospital row, where much of the country’s publicly funded science research is carried out.

Read more at http://business.financialpost.com/fp-tech-desk/ontario-tech-sector-booms-as-trudeaus-innovation-strategy-starts-taking-shape

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