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Venture funding in British Columbia reached $246 million over 50 deals in the first quarter of 2020, according to Hockeystick’s latest ecosystem report.
Yotpo raises $75M for its e-commerce marketing cloud (TECHCRUNCH)
It brings the total raised by the startup to $176 million, and while it’s not disclosing valuation, its CEO Tomer Tagrin — who co-founded the company with COO Omri Cohen — describes it as “nearly a unicorn.”
Open Text profit falls on US$76-million restructuring charge (THE GLOBE AND MAIL)
The Waterloo, Ont., enterprise software company has merged new acquisitions into its business and begun closing half its offices.
The startup’s total revenue grew to $36.2 million in Q1 2021, a 51 percent increase year-over-year.
But to say SaaS is currently a safe haven would be an exaggeration.
Instagram owner Facebook has a long history of rolling out clones of other popular services.
Platterz raises $43.8 million CAD Series B, rebrands to Thriver as company pivots post-pandemic (BETAKIT)
Corporate catering startup Platterz has raised a $43.8 million CAD Series B round, rebranding as workplace culture platform Thriver.
It is unclear whether Twitter will pursue a deal with TikTok, which would face significant challenges. A deal would involve TikTok’s U.S. operations, the people said.
“Exconfidential Lake” leak includes docs Intel provided under NDA as recently as May.
Toronto-based TouchBistro has acquired TableUp, a Boston-based startup that provides loyalty and marketing solutions for the restaurant industry.