Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If you prefer this update hit your inbox every week, make sure to subscribe to the BetaKit Newsletter using the form at the bottom of this page.
Top Stories of the Week
Shopify to open first permanent office in Vancouver, hire 1,000 employees(BETAKIT)
The Ottawa-founded e-commerce company announced on Tuesday that it plans to open what will be its first permanent office in the city.
Rangle makes second significant staff reduction in less than a year(BETAKIT)
According to statements publicly made on social media by former employees, approximately 40 Rangle employees were recently let go.
Janet Bannister named managing partner of Real Ventures(BETAKIT)
While Real will continue to be headquartered in Montréal, Bannister will lead the firm from its Toronto office.
Upside surpasses $1.27 million in charitable donations following 2019 Canadian tech exits(BETAKIT)
“This is a huge milestone as it indicates that our model works and can generate significant value for the community.”
Turo, TradeRev headline first 2020 AutoTech meetup on Feb 6th(BETAKIT)
BetaKit and TradeRev are happy to announce the first AutoTech meetup of 2020.
Contxtful raises $2M (Read here)
Lexop raises $1.8M (Read here)
OpenPhone announces $2.6M round closed in 2018 (Read here)
Terramera raises $4.6M Series B (Read here)
Bonsai raises $4M (Read here)
Miovision raises $120M (Read here)
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SIX SOCIAL RESPONSIBILITY TRENDS FOR TECH COMPANIES IN 2020(BETAKIT)
CSR, once reserved for established companies, is becoming more important at an earlier stage.
FOUR PREDICTIONS FOR CANADIAN TECH HIRING IN 2020(BETAKIT)
More and more, investors are pushing tech companies to set up shop in Toronto, Vancouver, and plenty of places in-between
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