Poised for rapid growth

Fulcrum Management Solutions Ltd. of Rossland successfully closes of $2 million investment.

Eight new jobs could be coming to the city after a Rossland-based business made a bold move this week.

Fulcrum Management Solutions Ltd., makers of Thoughtstream, announced the successful closing of its third investment round of $2 million led by Toronto’s First Generation Capital Inc.

“This is an exciting investment,” said Ian Ihnatowycz, president and CEO of First Generation Capital Inc. “I’ve been very impressed with the team, the vision of the product and the sales traction to date. Thoughtstream offers a uniquely powerful solution for online stakeholder engagement and the potential is huge.”

Thoughtstream is a stakeholder engagement solution, used by the private and public sectors as well as associations and non-profit organizations.

Based in Rossland, it provides a comprehensive online platform and accompanying services. Thoughtstream enables customers to connect with the people affected by a decision and hear what is most important to them.

This disruptive software and service is now experiencing a rapid growth phase as customers see the benefit of creating buy-in, building trust and informing their decisions through effective stakeholder engagement.

As a result of this rapid growth, Thoughtstream will add eight new positions, with a preference for candidates in the Kootenays in the areas of sales, software development and customer support.

Visit www.thoughtstream.ca in the coming weeks to see posted positions.

“We’re excited to be hiring in the Kootenays and building a strong B.C.-based high tech company,” said Jim Firstbrook, Thoughtstream CEO. “We see this as the way to continue to provide the strong customer support and innovation of our first few years.”

The money will enable the Rossland company to further enhance its software and services, said Amos Michelson, Thoughtstream chair.

Thoughtstream is a software and services company committed to building and supporting online collaboration solutions.

Thoughtstream was founded in 2009 by software developer Jim Firstbrook, businessman Amos Michelson and community engagement consultant Dave MacLeod.

They shared a belief that powerful online tools could be developed to leverage the power of the Internet to resolve challenges by making meaningful group interactions efficient, inclusive and insightful.

Thoughtstream is designed and owned by Fulcrum Management Solutions Inc.

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