Keith Bates, CEO
Keith has been an executive and investor in the technology and media industries for 20 years. Outside of Windigo Bay Group, he has led two VC-funded software companies and an aerospace coatings company as CEO.
Keith's venture capital investees were sold for over $130 million, with IRRs over 65 percent. Keith's VC investments in Plazmic won the top industry award from the Canadian Venture Capital Association for IRR. His VC investments led their respective funds by a wide margin.
Keith has done deals with Disney, Reuters, Sony, Cineplex, AOL, Sun Microsystems, Torstar, Gannett, Accent Health and many more.
He is a co-inventor on four patent applications.
Early in his career he was a producer of two award-winning feature films (RoadKill and Highway 61)—running rights acquisitions, financings, distribution and ancillary rights deals. His full profile can be seen at LinkedIn here.
Some of Keith’s product wins…
Scout: 30 mm users
Scout was a recommendation platform built for online publishers. Vastly ahead of players like Outbrain and Taboola, Scout had the best UX of any platform in the market—and without any disgusting spam ads! Scout was the subject of many patent filings for innovation and design. It served over 30 million users across some of the largest news sites in the world. Keith led overall product & business development and was CEO of Kibboko, the company behind Scout.
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200 million shipped
Plazmic's Media Engine was like Flash on mobile. After being acquired by RIM, it shipped on over 200 million BlackBerry smartphones. Keith was the original VC investor in Plazmic. Later he became its CEO. Plazmic had offices in Toronto and Tokyo. It was the first Western company to launch on NTT DoCoMo's i-mode network in Japan, via a partnership with Disney. Keith negotiated a license agreement for a development tool that later became the Plazmic Theme Builder. Keith earned Canada's top VC industry award for his high-IRR investments in Plazmic (at a atime when the industry was in a terrible crash, Keith's investments earned over 65% IRR).