D2L increases revenues as it tries to buck market downturn
Despite increases, CEO says growth slower than expected.
Canadian Startup News
Network software startup Kaloom secures $27.4 million CAD from Québec government, Alternative Capital Group
Kaloom plans to expand in Japan, recently registering its business in the country.
The51 appoints former AltaML, CDL manager Danielle Gifford as director for Movement51
With Danielle Gifford at the helm, Movement51 plans for its next growth phase across Canada.
Shopify swaps CFO, COO amid financial downturn
CFO to exit following third quarter earnings report.
Panache closes $100 million for second fund as firm doubles down on seed-stage startups
Early-stage firm says there’s a “good possibility” Fund II will grow.
Led by ex-Vidyard employees, HyperComply wants to get rid of security questionnaires
After closing $6.4 million USD in January, HyperComply launched a product to automate due diligence.
Former Alberta innovation minister Doug Schweitzer joins Deloitte as senior advisor
Tanya Fir was sworn in as Alberta’s new innovation minister in recent weeks.
“Social” healthtech startup Curatio merges with Australian medtech firm RxMx
Named RxPx, the combined entity is backed by RxMx majority shareholder Pemba Capital Partners.
Meet the five Canadian startups participating in Y Combinator’s Summer 2022 Demo Day
Smallest #CDNtech group since Winter 2019 features four Toronto companies and one from Edmonton.
Adam Nanjee departs Microsoft for Startups to lead venture capital in Canada for Amazon Web Services
Nanjee previously led the launch of Microsoft for Startups in Canada.
FreshBooks appoints Wayne Jackson as CFO to support global expansion, M&A plans
FreshBooks aims to tap Jackson’s acquisition and public markets experience.
Open banking working group failing to address critical governance, standards issues
Working group participants call governance the latest open banking battlefront as clock to implement keeps ticking.
Shopify plans to contest $40 million Express Mobile patent infringement verdict
Express Mobile has also sued Google, Meta, and Amazon for infringing its patents.
Telus acquires TSX-listed HR tech firm LifeWorks for $2.3 billion CAD
Telus acquires LifeWorks to bolster its employee wellness solutions.
WonderFi to acquire Blockchain Foundry in all-stock deal
WonderFi continues acquisition spree of Canadian crypto companies.