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Cinchy raises $3 million (BETAKIT)
Cinchy, which is building an enterprise data collaboration platform, raised the funding from Blindspot, with participation from ScaleUp Ventures, MaRS Investment Accelerator Fund (IAF), Techstars, and BDC Capital.
SAAS NORTH recommends: Canada’s Buzzing Startup Scene Attracts Executives from Twitter, Lyft and Silicon Valley Bank to Speak at SAAS NORTH 2018 (SOCIABLE)
“Featured executive level speakers include Leanne Gibson, Head of Revenue, Twitter Canada, and Aaron Zifkin, Managing Director at Lyft Canada, who will focus on building a high-performing, human-centric team. Barbara Dirks, Head of Canada, Silicon Valley Bank will explore when you should be thinking about your exit strategy, who you need on your team, key considerations for your organization, customers, and shareholders.”
Communauto first free-floating carshare approved under Toronto pilot (BETAKIT)
Toronto’s 18-month free-floating car share project will provide up to 500 overnight on-street parking permits for carshare companies.
RankScience raises $1.8M in seed funding (FINSMES)
RankScience provides a continuous-optimization platform that improves website SEO through automatic A/B testing and data science.
Brand management platform Frontify raises $8.3M led by Blossom Capital (TECHCRUNCH)
Frontify is a Software-as-a-Service that helps companies manage their branding in a more consistent and efficient way. The SaaS provides employees across an organization access to an “always up-to-date” brand portal, media library, pattern library, and style guides.
Storyflow raises $500,000 for voice app entertainment platform (BETAKIT)
Storyflow provides a central hub for building interactive voice entertainment on smart speakers.
Goodlord raises £7M in Series B funding (FINSMES)
The property technology company’s round was led by Finch Capital, with participation from existing investor Rocket Internet/GFC.
Demisto raises $43 million to make enterprise security as easy as chatting on Slack (VENTUREBEAT)
The round was led by Greylock Partnersw, with participation from early investors Accel Partners and ClearSky Security.
Zuora partners with Amazon Pay to expand subscription billing options (TECHCRUNCH)
Businesses using Zuora’s billing platform can now easily integrate Amazon’s digital payment system as an option during checkout or recurring payment processes.
Acorus Networks raises $6 million to protect businesses from DDoS attacks (VENTUREBEAT)
Investors in the round include Elaia Partners, Partech, and Kima Ventures.