FreshBooks appoints Wayne Jackson as CFO to support global expansion, M&A plans
FreshBooks aims to tap Jackson’s acquisition and public markets experience.
Shopify plans to contest $40 million Express Mobile patent infringement verdict
Express Mobile has also sued Google, Meta, and Amazon for infringing its patents.
Ripple Ventures promotes Dominic Lau to partner as it preps for next fund
Ripple’s first hire, Lau founded firm’s startup and investor fellowship program.
Clearco hands overseas business to Outfund to focus on North American market
The market exit comes less than a year after Clearco began expanding its international operations.
LumiQ raises $5 million to expand CPA training podcast platform to US
LumiQ aims to build on “tremendous” pandemic growth since pivot to podcasts.
1Password shuffles C-suite, with CPO replaced and CMO to depart
Exec changes come as 1Password tracks slightly below its revenue growth targets.
Jombone closes $3.3 million to modernize the blue-collar staffing industry
Jombone aims to offer businesses an alternative to incumbent staffing agencies.
Q4 Inc. lays off eight percent of staff to accelerate “path to profitability”
Restructuring impacts the company’s sales, marketing, R&D teams.
Innovacorp venture fund manager Andrew Ray leaves org following announced merger with Nova Scotia Business Inc.
Ray oversaw Innovacorp’s VC activities, served on LeadSift, Swarmio, Proposify boards.
Myplanet raises $14 million CAD to become leader in emerging ‘composable commerce’ market
Myplanet’s customers include New Balance, Harry Rosen, Telus.
Vive Crop Protection secures $34 million CAD Series C to drive AgTech R&D
Amid competition from major ag chemical firms, Vive sees R&D speed, efficiency as a differentiator.
Direct-C closes $3.9 million Series A from Henkel and GreenSky to scale oil leak detection tech
University of Calgary spinout sees applications for its tech beyond oil and gas.
Metafold 3D secures $500,000 from Active Impact Investments to build 3D printing’s “missing piece”
Idea behind Metafold was spun out of co-founders’ consulting work with a major sportswear manufacturer.
Moozoom raises $5 million to improve youth mental health with socio-emotional learning videos
Amplify Capital, Telus Pollinator-backed Moozoom eyes US expansion.
AlayaCare lays off 14 percent of employees, slows M&A plans
AlayaCare’s CEO said startup’s revenue growth has not followed its “aggressive investment.”