OpenText to buy data security firm Carbonite for $1.88 billion CAD
Waterloo-based software company OpenText has announced plans to acquire American data backup and protection firm Carbonite…
Canadian Startup News
Canadian startup news of the week (11/10/19)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
A cautionary tale of high valuations
Early-stage companies face countless challenges in their journey to success. Attracting talent, overcoming delays, reaching…
Vancouver-based Grow Technologies acquired by Alberta’s ATB Financial
Vancouver-based FinTech startup Grow Technologies, which develops software solutions in the loan management space, has been…
BlackBerry QNX to power Hyundai Autron’s driver assistance systems
BlackBerry QNX has been selected by Hyundai Autron, an arm of South Korean automobile manufacturer, Hyundai, to power Hyundai…
Osgoode Professional Development is helping lawyers get ahead of blockchain
While the legal industry has traditionally been slow to embrace disruptive technology, a recently launched program at Osgoode…
Element AI to implement AI features into Japanese automotive company’s operations
Montreal-based Element AI has entered into a strategic relationship with Japanese automotive company Aisin Seiki Co. Through…
Halifax launches innovation outpost to help startups scale
The Halifax Partnership and the Halifax Regional Municipality have announced the opening of the Halifax Innovation Outpost,…
Startup jobs of the week: Data Engineer, Revenue Operations Coordinator, Business Data Analyst
Every day, Canada’s tech startups post their latest and greatest job opportunities on Jobs.BetaKit, powered by Jobbio. From…
Mindbridge loses former CIO of Canada after a few months in role
Alex Benay, the former CIO of Canada, has left his role at Ottawa-based Mindbridge after a short few months stint. The news…
Crypto trading platform Einstein Exchange shuts down, owing $16 million to clients
Einstein Exchange, a Vancouver-based cryptocurrency exchange, shut down this week, owing more than $16 million to its clients, including about…
Three Kitchener-Waterloo startups top the 2019 Deloitte Technology Fast 50
Deloitte has announced the 2019 winners of its Technology Fast 50, which highlights Canadian companies’ growth and commitment…
Clean energy investing startup CoPower to be acquired by Vancity Community Investment Bank
CoPower, a clean energy investing startup, is set to be acquired by Vancity Community Investment Bank (VCIB), a Toronto-based…
Lightspeed reports 51% revenue growth in fiscal Q2 2020
Lightspeed POS has announced its financial results for the second quarter of the fiscal year 2020. The results cover two fiscal…
Looka lays off 80 percent of staff as failed rebrand from Logojoy cut revenue in half
Looka, the Toronto-based startup that uses artificial intelligence and machine learning to design logos, has laid off 80 percent…