Dennis Bennie has had over 33 years experience in start ups, rapid growth and turn around opportunities. He has built companies from scratch to over a billion dollars in market capitalization with IPOs on both the TSX and NASDAQ.
Dennis Bennie is a pioneer, entrepreneur and innovator in the Canadian technology industry. Over the past 33 years, his entrepreneurial management has powered several successful companies. Bennie currently operates as the XDL Capital Group, investing in early stage technology opportunities.
In 1997, he founded the XDL Venture Capital Fund, focusing on information technology opportunities. XDL Intervest, a $150 million fund that started in 1999 and is now fully invested.
From 1988 to 1996, Bennie was Chairman and CEO of Delrina Corporation, which forged the new software categories and was best known for producing “Winfax”. Listed on both the Toronto Stock Exchange and NASDAQ, Delrina cultivated a reputation for leadership, growth and profitability. In November 1995, the company was sold to Symantec Corporation for share consideration valued at $560 million.
Bennie qualified as a chartered accountant in 1975. He entered the world of technology in 1979, when he co-founded Mission Electronics, which is still today a dominant force in the high-end home entertainment market. In 1982 he sold his interest in Mission and founded Aviva Software, an independent, mass-market software developer. Under his direction, the company expanded its scope to include software distribution and merged with Ingram Micro Inc. in 1986 to become Canada’s largest software distributor.
Bennie has served on several private and public company boards including Adira Energy Ltd. (TSX.V:ADL), Bionym Inc., Mill St. Brewery, Newtopia Inc., Virgin Gaming and WestonExpressions Inc. He also regularly serves on various charitable boards and is also a co-founder of Canada Israel Political Affairs Committee.