Founded in 1987, BCE Capital has backed over 40 management teams and has a track record of successful IPOs and acquisitions. The firm is currently investing in Fund IV, a $200 million fund focused on early-stage communications and IT companies. BCE Capital has a preference for startups in the mobile and VoIP industries, and typically invests in companies that are 4-5 years old. The firm has a history of investing in rounds with 5-6 participants and has seen a higher number of exits compared to other organizations. The average investment size ranges from $10-50 million, and the firm typically completes less than 2 deals per year.