On May 19, 2006, MiXPO Inc. announced the completion of its US$6.5 million Series A financing round, lead by Seattle's Madrona Ventures. Also participating in the round were Canadian investors including Working Opportunity Fund (managed by GrowthWorks Capital Ltd.), Yaletown Venture Partners, Springbank TechVentures, and company President and CEO Ron Stevens. MiXPO was advised in this transaction by a team from Fasken Martineau comprised of Keith Spencer, Gary Ott and Frank Schober.