# Canopy Ventures

> Canopy Ventures is a VC fund in Lindon backing SaaS, Enterprise Software and Local. See 6 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Lindon, United States
- Total investments: 6
- Last investment: Jul 2016
- Lead investor: 33%
- Last updated: Aug 2026
- Website: http://www.canopy.com

Canopy Ventures is a VC fund in Lindon focused on SaaS and Enterprise Software. Canopy Properties provides high-tech companies with the latest in facilities, security, office management, and onsite technologies. Canopy Properties currently owns and manages four buildings with over 230,000 square feet of high-tech office space along with 10,000 square feet of Class A, raised floor data center in Lindon, Utah.Ray Noordastarted Canopy Properties because he understood that it could often be difficult for smaller companies to find space that is both high-quality and provides room to grow.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 2 | 33% |
| Enterprise Software | 2 | 33% |
| Local | 1 | 17% |
| Software | 1 | 17% |
| Enterprise | 1 | 17% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 2 | 33% |
| Series A | 1 | 17% |
| Funding Round | 1 | 17% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Sirion | Sirion is a provider of a SaaS enterprise contract management (CLM) platform for enterprises to manage the complete contracting lifecycle. Key innovations include AI-led contract authoring, automated obligation extraction, real-time service level computation and predictive invoicing on a permissioned ledger architecture to promote truebuyer-supplier collaboration and reduce leakage. | $12.3M | Series B | Jul 12, 2016 |  |
| C7 Data Centers | C7 Data Centers offers a low cost and disaster safe data center colocation solution, providing world-class colocation, disaster recovery and virtualization services. C7's facilities are located in geographically stable regions, free from the threat of tornados, hurricanes, flooding and terrorist attacks. | $9M |  | Aug 16, 2010 |  |
| Lingotek | Lingotek's Translation Network is the only cloud-based solution to connect all your global content in one place, giving you the power to manage your brand worldwide. Our industry-leading technology pairs with the best enterprise applications to continuously push dynamic multilingual content in real time to all of your global markets. Lingotekis based in Lehi, Utah -- also known as Silicon Slopes -- and is funded by Signal Peak Ventures and In-Q-Tel.The world’s only translation network. Lingotek is the only cloud-based solution to connect all of your global content in one place. Lingotek’s Translation Network connects and delivers your content to global audiences though the best technology and a bigger network. Go beyond translation. |  |  | Jul 28, 2009 |  |
| Lingotek | Lingotek's Translation Network is the only cloud-based solution to connect all your global content in one place, giving you the power to manage your brand worldwide. Our industry-leading technology pairs with the best enterprise applications to continuously push dynamic multilingual content in real time to all of your global markets. Lingotekis based in Lehi, Utah -- also known as Silicon Slopes -- and is funded by Signal Peak Ventures and In-Q-Tel.The world’s only translation network. Lingotek is the only cloud-based solution to connect all of your global content in one place. Lingotek’s Translation Network connects and delivers your content to global audiences though the best technology and a bigger network. Go beyond translation. |  | Series B | Jul 16, 2008 |  |
| Lingotek | Lingotek's Translation Network is the only cloud-based solution to connect all your global content in one place, giving you the power to manage your brand worldwide. Our industry-leading technology pairs with the best enterprise applications to continuously push dynamic multilingual content in real time to all of your global markets. Lingotekis based in Lehi, Utah -- also known as Silicon Slopes -- and is funded by Signal Peak Ventures and In-Q-Tel.The world’s only translation network. Lingotek is the only cloud-based solution to connect all of your global content in one place. Lingotek’s Translation Network connects and delivers your content to global audiences though the best technology and a bigger network. Go beyond translation. |  | Series A | Mar 02, 2007 |  |
| Lingotek | Lingotek's Translation Network is the only cloud-based solution to connect all your global content in one place, giving you the power to manage your brand worldwide. Our industry-leading technology pairs with the best enterprise applications to continuously push dynamic multilingual content in real time to all of your global markets. Lingotekis based in Lehi, Utah -- also known as Silicon Slopes -- and is funded by Signal Peak Ventures and In-Q-Tel.The world’s only translation network. Lingotek is the only cloud-based solution to connect all of your global content in one place. Lingotek’s Translation Network connects and delivers your content to global audiences though the best technology and a bigger network. Go beyond translation. |  | Series A | Mar 01, 2006 |  |

6 of 6 investments shown.

## Co-investors
- [Flywheel Ventures](https://shizune.co/investors/profile/flywheel-ventures) — VC Fund, 4 deals together
- [Qualgro VC](https://shizune.co/investors/profile/qualgro) — VC Fund, 1 deal together
- [Peak XV Partners](https://shizune.co/investors/profile/sequoia-india-2) — VC Fund, 1 deal together
- [Wilson Sonsini Goodrich & Rosati](https://shizune.co/investors/profile/wilson-sonsini-goodrich-rosati) — VC Fund, 1 deal together
- [Zions First National Bank](https://shizune.co/investors/profile/zions-first-national-bank) — VC Fund, 1 deal together

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## FAQ

### What does Canopy Ventures invest in?

Canopy Ventures invests primarily in SaaS, Enterprise Software and Local startups, most often at Series B and Series A stage. Most of the 6 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Canopy Ventures last invest?

The most recent investment recorded for Canopy Ventures closed in Jul 2016. Shizune tracks 6 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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