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The idea comes from the mind of Alex Clark, who has under his belt a $200 million CAD exit after the startup he co-founded, Bit Stew Systems, was bought by General Electric Co. in 2016.
Reddit is valued at more than $10 billion in latest funding round (NEW YORK TIMES)
Just six months ago it was valued at $6 billion. It raised $410 million in its latest round.
While reporting the company’s earnings, Thinkific noted that the COVID-19 pandemic has accelerated the shift to online learning.
Some allegations potentially center around accessing Google user or employee data.
Another Indian software company, Verse, also raised over $450 million last week.
In a recent Sage Intacct webinar, Bessemer Venture Partners partner Mary D’Onofrio and investor Janelle Teng shared their insights on the state of cloud companies in 2021, and what that means for young SaaS startups.
The bill would make iOS and Android more open to 3rd-party stores and sideloaded apps.
Medimap raises $3.5 million to bring walk-in clinic wait time tech to more medical practices (BETAKIT)
After establishing itself as a platform to look up wait times and availability at walk-in medical clinics across Canada, Medimap sees room to grow by applying its tech and expertise to new healthcare verticals.
Ontario court certifies class action against Uber that could see some workers recognized as employees (CBC)
The law firm and the Ontario man’s class action argues that Uber couriers should be entitled to minimum wage, vacation pay and other protections because they meet the definition of employees under Ontario’s Employment Standards Act.
Despite the increase in revenues, Magnet’s income fell by 45 percent to $2 million CAD ($1.6 million USD), compared to the previous quarter.
U.S. cybersecurity firm NortonLifeLock has confirmed it is acquiring British rival Avast in order to create a global consumer security powerhouse.
Leaders from MindBeacon, Esplanade Ventures, and TELUS Health MyCare join for a BetaKit Live panel conversation on the future of virtual care.
OwnBackup, a platform that provides data backup and recovery services for cloud software providers such as Salesforce, has raised $240 million in a series E round of funding at a $3.35 billion valuation.
The news follows theScore’s March initial public offering on the Nasdaq, through which it raised $186 million USD.
Apple executive defends tools to fight child porn, acknowledges privacy backlash (WALL STREET JOURNAL)
Craig Federighi says the new tools are aimed at best ensuring iPhone privacy while fighting illegal images.