7shifts cuts 19 percent of staff in new layoffs to start 2024
This marks the restaurant software firm’s second workforce reduction in four months.
Canadian Startup News
Software acquirer Valsoft closes $229 million CAD in growth financing
Montréal consolidator claims its business has more than doubled in the last two years.
OCI is bringing back innovation conference DiscoveryX
The 2019 conference hosted over 3,000 attendees and over 500 exhibitors.
Miovision acquires one of its customers, traffic data collection firm CJ Hensch
CEO hopes deal will give Miovision a deeper understanding of its target market.
Plooto, GoDaddy bring new payment, commerce offerings to Canadian businesses
Plooto launches payment workflow safeguards, while GoDaddy brings its commerce solution to Canada.
Climate tech VC Blue Vision Capital adds Vladimir Savic to support global ambitions
London, UK-based Savic previously held roles with Cibus and EBRD.
Vistara Growth bets on two US-based supply chain software companies
Vistara Growth recently closed $200 million for its fifth private credit fund.
PointClickCare continues growth through acquisition with American HealthTech purchase
American HealthTech was divested by previous owner CPSI.
MindBridge headlines slew of #CDNtech companies making executive leadership changes
ActiveState, Acuity Insights, AnalytixInsight, Volaris Group, Flashfood also named new CEOs just this week.
ventureLAB receives $4.5 million from feds to scale more hardware, semiconductor companies
The funding is aimed at supporting 30 companies and commercializing 25 new products.
Bot management software startup Wysdom acquired by US-based Calabrio
Calabrio will integrate Wysdom’s virtual agent solutions into its customer support network.
NowVertical appoints Sandeep Mendiratta CEO as board looks to put company “back on track for growth”
Board promotes two leaders from NowVertical’s acquired companies to key leadership roles.
S|W: The SaaS Weekly – Exec turnover trend hits Top Hat and Alida
Plus: SAP faces hefty fines, Salesforce and Slack might be pausing tech/product hiring.
AGF Private Capital acquires majority stake in Kensington Capital Partners for $45 million
The VCCI-backed firm will retain its “investment and operational independence,” the firms say.
Springdel closes $5 million as it looks to bring automation to mobile device management
The startup’s enterprise customers include Cathay Pacific, Unilever, and 7-Eleven.