Hootsuite lays off 100 employees, 10 percent of its staff
Hootsuite, the Vancouver-based social media management unicorn, laid off more than 100 employees, or about 10 percent of its…
Canadian Startup News
Cybersecurity startup Kobalt closes $1 million CAD founders round
Cybersecurity startup Kobalt has raised a $1 million CAD founders round, led by its co-founders, Pankaj Agarwal and Boris Wert,…
RBC adds AI-powered budgeting tool to its digital app
Royal Bank of Canada (RBC) recently launched NOMI Budgets, a new AI-powered solution available through its mobile app, designed…
Uniting The Prairies conference kicks off this week
Uniting The Prairies, a tech conference looking to showcase the best of Alberta, Manitoba, and Saskatchewan’s tech startup…
Microsoft for Startups, MaRS partner to open new space for startups
Microsoft for Startups and MaRS have announced plans to open a new space for startups to receive personalized business and…
BMO makes startup funding play, launches innovation banking group
Bank of Montreal (BMO) has announced the launch of its Technology & Innovation Banking Group, intended to provide advice…
Toronto startup Thinkwire wins Josef Umdasch Research Prize
Toronto-based software engineering startup Thinkwire Inc. was named the winner of Josef Umdasch Research Prize at the 2019…
Lightspeed receives $30 million stand-by acquisition loan from CIBC
Earlier this month, Lightspeed announced that it has received new credit facilities, including a new $30 million stand-by acquisition…
Shopify reports $320.5 million revenue in first quarter of 2019
Shopify today released the results for its first quarter of 2019, which ended on March 31, bringing in total revenue of $320.5…
April #FutureMakers on digital ethics shows need for better data and fewer silos
In this present-day climate of data leaks, privacy breaches, and losing $2,000 because your McDonald’s app got hacked, there’s…
Propel reveals 30 Atlantic Canada startups in spring cohort
Atlantic Canada accelerator Propel has announced the 30 companies accepted to participate in its spring cohort of Phase 1 for…
Today in government funding: cleantech, healthtech, AgTech
Last week, several organizations received government funding for initiatives in cleantech, agri-tech, and healthtech, in all…
Today in hires: Vention, Procurify, National Research Council Canada
In the last week, two Canadian SaaS companies and one government research organization have added new members to their teams.…
Fine jewelry ecommerce company Mejuri closes $30 million CAD Series B
Ecommerce fine jewelry startup Mejuri last week announced the raised a $30 million CAD Series B funding round from US-based…
Shopify expands native ad options for online marketing
Shopify will soon be adding new native ad-buying functions for Facebook and Snapchat, as it looks to make it easier for merchants…