Shopify reaches milestone, surpassing $1 billion in total revenue in 2018
Shopify has passed the $1 billion USD annual revenue mark, as announced in its fourth quarter and 2018 year-end financial report…
BDC Capital teams up with Vertu Capital to acquire Toronto-based Firmex
BDC Capital and Vertu Capital have partnered to acquire virtual data room (VDR) provider Firmex, from Montreal-based private…
On the Elevate Main Stage: Whitney Wolfe Herd shares her journey to founding Bumble
When Whitney Wolfe Herd left Tinder in 2014, after helping to co-found the dating app, she didn’t know the journey she…
TextNow continues to grow despite pushback from incumbent wireless carriers
Celebrating its 10th anniversary, Waterloo-based free text and phone service startup TextNow is still going strong, with its…
Lightspeed files for anticipated IPO
Montreal-based POS software firm, Lightspeed, has officially filed to go public on the Toronto Stock Exchange, filing the preliminary…
Insurtech AI startup ProNavigator closes $2 million seed round
Waterloo-based creator of virtual assistants for insurance, ProNavigator, recently closed its latest seed round of equity financing,…
Ontario government seeking consultation on new data strategy, with focus on data privacy
The Government of Ontario today announced plans to seek public input on a new data strategy focused on helping businesses benefit…
Government of Canada invests $6 million in clean-air technology
Navdeep Bains, minister of innovation, science and economic development (ISED) recently announced a $6 million investment in…
Relay Ventures promotes Jake Cassaday to partner
Early-stage VC firm Relay Ventures has announced the promotion of Jake Cassaday from associate partner to partner. Cassaday…
OSMO receives $1 million from National Bank to support Montreal startup ecosystem
The OSMO Foundation announced Thursday it has received a $1 million contribution from National Bank in a partnership that looks…
OpenText acquires Catalyst Repository Systems for $98 million CAD
OpenText has announced its acquisition of cloud-based software company Catalyst Repository Systems Inc. for more than $98 million…
Lightspeed launches integrated payments system ahead of planned IPO
Lightspeed today announced the launch of a new payments system, Lightspeed Payments, to be fully integrated with its point-of-sale…
Uber says its sticking to its own timelines for autonomous vehicle testing in Canada
Uber is in no rush to bring fully autonomous vehicles to public roads, according to Raquel Urtasun, Uber ATG’s Toronto-based…
Mobeewave taps to add Samsung Venture Investment as company searches for user growth
Contactless payment platform Mobeewave has received additional funding as part of its Series B round. A new investment from…
Government of Canada invests $60,000 to help Halifax SMEs learn ecommerce skills with eBay
The Atlantic Canada Opportunities Agency (ACOA), an agency of the Government of Canada, has announced funding for a new program…