S|W: The SaaS Weekly – Atlassian & Cloudflare score big, Zoom sends employees back into the office
Plus: Uber finally makes a profit.
layoffs
Canadian startup struggles continue as Silofit closes up shop, Top Hat and Fable cut staff
Trio joins growing list of Canadian tech firms that have restructured or ceased operating during the downturn.
H|T: The Healthtech Times – Turnstone Biologics goes public, Dialogue Health to be acquired
Plus: Vital Bioscience reveals desktop blood tester with big backers.
Shopify posts positive revenues in Q2 2023 for third quarter running
Ottawa e-commerce giant posts higher losses, but GMV grows.
Canada’s H-1B visa play strikes a nerve as feds pick tech companies for Hypergrowth
Plus: Shopify reveals new AI suite, corporate credit card, and more.
Three companies hiring software engineers at $100K+ salaries in Canada
Ceridian, TribalScale, and Software International are enticing software engineers with 100K+ salaries.
DeFi company Wellfield inks deal to acquire crypto custodian Brane Trust
Canadian crypto consolidation continues with Toronto, Ottawa firms set to join forces.
R|T: The Retail Times – Shopify looks for a Faire deal, Temu sues Shein
Plus: Bolt, ex-CEO Ryan Breslow face SEC probe.
Waterloo Region deal volume has been tanking steadily since 2019. Could undisclosed deals be partly to blame?
Off-the-record raises may be painting an incomplete picture of the ecosystem, investor says.
Solink secures $60-million USD Series C and backing from Goldman Sachs to become cloud video surveillance leader
As the security market shifts to cloud, Solink looks to scale.
Impact of Canada’s H-1B visa talent grab may go well beyond 10,000 applicants
Taking aim at “broken” US visa program was “best marketing Canada has ever done”: lawyer.
Canadian tech unicorns Ada, Clio, Lightspeed among first cohort of Canada’s Global Hypergrowth Project
Canada aims to take companies from $1-billion ‘unicorn’ valuation to $1-billion in annual revenue.
These two Canadian cities added 115,000 tech jobs in the last five years
Plus: BC and Toronto venture funding bounced back in Q2 2023.
Bold Commerce reveals product that allows retailers to add checkouts to video and email
CEO says Checkout Unleashed eliminates “middleman” product pages.
Toronto and Montréal added the most tech jobs in Canada in the last five years: Report
Ottawa’s tech talent concentration is higher than San Francisco’s Bay Area, CBRE says.