Vancouver Enterprise Forum

An Evening With Shaun McConnon of Q1 Labs: From University Project To Multi-Hundred Million Dollar Exit - A VEF 'Premium' Event, May 22nd

  • 22 May 2012
  • 6:00 PM - 8:00 PM
  • Vancity Theatre (1181 Seymour Street, Vancouver, BC)
  • 0


  • A $200 membership includes registration to 8 events during one year membership. Tickets are individual (holder only) and non-transferable.
    Guest tickets must be purchased separately.
Video now posted of this event:

Tickets will be available at the door.  Doors open at 5pm, main presentation starts at 6pm.

Shaun McConnon, former Chairman and CEO of Q1 Labs, is a three time winning CEO who has built over a billion dollars of shareholder value.  Learn how Q1 Labs successfully spun out technology from the University of New Brunswick and built a global company worth hundreds of millions of dollars.  Under Shaun’s leadership, Q1 Labs raised $42M in financing and grew to over 200 employees.  In 2011, while contemplating an IPO, the company accepted an acquisition offer from IBM that is regarded as one of the largest venture capital exits in Canada in a decade.

How did Q1 Labs leverage technology developed at a university to become a global leader of security intelligence solutions?  

How much of their success was about the technology, market timing and management?  

What were the challenges to financing and building a company with Canadian roots?  

Did Q1 Labs live up to Shaun’s vision for the company?

Come find out at this VEF 'Premium' event
Tony Van Bommel of BDC Venture Capital will moderate.

Consider becoming a VEF Member, attend 8 events at no extra charge for an annual fee of $200. Our 2011/12 event calendar featured ‘premium’ events with increased ticket prices, making our membership more attractive.

VEF also offers Corporate Memberships, all details featured on our website.

Lightning Pitch Opportunities

We invite companies/individuals to apply for Lightning Pitches.  Ideal for early stage companies looking to raise funds or create visibility.  The places are strictly controlled, 100 second time slots at the beginning of the VEF presentation. Apply through our website: 

Speaker: Shaun McConnon
Industry veteran Shaun McConnon is the Executive Chairman of the Board of Q1 Labs, where he brings extensive senior management experience in operations, sales, and marketing to the growing network security management company. 

During his career, McConnon has guided technology ventures through the IPO process, and he has also orchestrated several successful mergers and acquisitions. 

Prior to joining Q1 Labs in November 2003, McConnon served as CEO of Okena, a next-generation security company, which he led from its inception to its acquisition by Cisco Systems. Previously, McConnon was CEO of Raptor Systems, where he steered that firewall security company through a successful IPO and then its subsequent sale to Axent Technologies (later acquired by Symantec). Earlier, McConnon held various executive positions with Sun Microsystems, most recently as managing director of Australian and New Zealand operations. 

McConnon holds a Bachelor of Science degree in Biology from Roanoke College.

Moderator: Tony van Bommel

Tony has been with BDC Venture Capital since 2001. He holds the position of Partner in  BDC Venture Capital and is in the Vancouver office. 

He has participated in numerous investments in early stage technology across Canada returning a 1st Quartile return to BDC. He was the lead investor in successful investments including Q1 Labs (sold to IBM), Satlantic (sold to Danaher) and Welaptega Marine (Sold to private interests). He was also instrumental in bringing Radian6 to BDC (Sold to Prior to joining BDC, he spent 4 years as Senior Investment Manager with InNOVAcorp, a General Partner for the Nova Scotia First Fund, an early stage knowledge-based venture fund. Before joining InNOVAcorp, he worked 10 years as lawyer and Partner in the business law firm Little & Wright in London, Ontario. Tony has held multiple directorships in both public and private emerging growth companies across Canada.

Tony earned the Dalhousie Governor General’s Gold Medal for the top graduate student chosen from all faculties at Dalhousie University and the gold medal from the Dalhousie University MBA program. He also received his Bachelor of Laws (LL.B.) from the University of Western Ontario where he won the Pitney Bowes Award for the top graduating Law Student in Ontario who combined academics, athletics and service to the community. He is a past Chairman of Junior Achievement of Nova Scotia and Volunteer of the year for that organization. 

The Vancouver Enterprise Forum (VEF) is the premier networking forum for technology entrepreneurs. The VEF holds eight events each year - usually on the fourth Tuesday of the month. These events provide attendees with an opportunity to network and learn. The evening involves a feature presenter, covering topics especially relevant to technology entrepreneurs such as financing and CEO war stories. Networking sessions are included before and after the presentation for speakers and attendees to connect with each other. 


Pre-registration tickets are $60.00 each, door registration tickets are $75.00, memberships at $200 for a one year period includes admission to our eight events per year.

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