Symend closes $54 million CAD to pursue global expansion amid uncertain economic environment
Facing market headwinds and tailwinds, Symend has cut staff and set its sights on growing efficiently.
layoffs
A|I: The AI Times – Canada’s latest unicorn is a quantum computing firm
Plus: Louis Têtu explains how Coveo is bucking tech trends ahead of SAAS NORTH keynote.
S|W: The SaaS Weekly – Verified trolls cut Musk’s work out for him
Plus: 1Password prepares for the passwordless future.
Canadian startup news of the week (11/13/22)
Plus: 1Password prepares to battle tech giants for passwordless future.
Louis Têtu explains how Coveo is bucking tech trends ahead of SAAS NORTH keynote
Serial entrepreneur to share hard-earned stories and predictions at SAAS NORTH.
R|T: The Retail Times – TouchBistro secures big funding amid looming recession
Plus: AirBnB records record revenue.
As demand booms and recession looms, Busbud acquires fellow Canadian travel tech startup Betterez
After partnering up for years, Busbud has brought Betterez’s back office platform for transit players in-house.
S|W: The SaaS Weekly – Elon had one hell of a first week at Twitter
Plus: 1Password acquires Texas-based Passage to fuel push into passkeys.
Hopper closes $96 million USD from Capital One at more than $5 billion valuation
Capital One became Hopper’s first B2B client in 2021 after leading its Series F round.
Q4 Inc. CEO confident in 2023 profitability despite continued slow growth
M&A, delistings, frigid IPO market have impacted Q4 Inc’s customer retention, expansion.
Canadian startup news of the week (11/6/22)
Plus: Lightspeed and Nuvei increase revenues, see share prices drop.
R|T: The Retail Times – Solving Shopify: lost swagger? Or “enormous opportunity ahead?”
Plus: Lightspeed promotes CRO JD St-Martin to president as leadership overhaul continues.
Dapper Labs lays off 22 percent of staff
Vancouver tech startups Dapper and Hootsuite both made layoffs this week.
TouchBistro secures $150 million to move upmarket and pursue strategic M&A as it braces for more economic uncertainty
Amid looming recession and stiff competition, TouchBistro sets sights on growing efficiently.
Canadian startup news of the week (10/30/22)
Plus: Placing future bets on Shopify and Wealthsimple.