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Vancouver-founded Slack has officially been acquired by Salesforce, nearly eight months after Salesforce announced plans to acquire the app for $27.7 billion USD.
Zoom is taking advantage of the impressive rise in its stock price in the past year to make its first major acquisition.
Properly closes $44 million CAD Series B from key strategics, US investors to tackle Canadian real estate market (BETAKIT)
“Properly will become synonymous with home buying in Canada, much like Zillow is synonymous with home discovery in the US.”
The company has to prove it can beat larger rivals like MongoDB, as well as fast-growing competitors like Redis Labs, not to mention the big cloud companies.
The company uses its proprietary software platform and physical networks like Videotron and Rogers to provide users with internet connectivity.
In the hours since the suit was revealed, numerous women have already stepped forward to corroborate the allegations.
Microsoft Canada CSO Kevin Magee argues startup founders need to prioritize security, privacy, and compliance from the start, lest they come back to haunt them.
Fraud on the Farm: How a baby-faced CEO turned a Farmville clone into a massive Ponzi scheme (REST OF WORLD)
Farm Bank let players make money, while supporting real farms. Then the CEO vanished with $80 million.
Brokrete secures $2.7 million CAD, launches e-commerce platform for construction suppliers (BETAKIT)
The all-equity round, which Brokrete referred to as oversubscribed, was led by European VC firm Xploration Capital and supported by new strategic investors and key employees.
The deal involves both cash and stock, and Epic founders Kevin Donahue and Suren Markosian will continue to run the business, they said in an interview with TechCrunch.
BetaKit spoke with the Jonah Group about completing a massive digital transformation project for a major Canadian pension plan during a global pandemic.
A Substack publication used location data from Grindr to out a priest without their consent.
Prior to securing the $312 million from Great Hill, Auvik had raised just over $50 million CAD total, with backing from Rho Canada Ventures, Celtic House Venture Partners, and BDC Capital, among others.