Shopify now looking to raise $123 million from IPO
The Globe and Mail is reporting that Shopify has increased the maximum share price for its upcoming IPO. According to a regulatory…
Funding
Bit Stew Systems raises $17.2 million from GE, Cisco, Yaletown + BDC Capital
Burnaby-based Bit Stew Systems was started in 2005 by Kevin Collins and Alex Clark, and provides data integration and management…
Shopify IPO aiming to raise $108 million (USD)
Additional details regarding Shopify’s IPO has been revealed. According to a new regulatory filing, the Ottawa-based…
Ontario Pension Board invests into Northleaf Venture Catalyst Fund, total commitment now $264 million
Northleaf Capital, which calls itself “Canada’s largest independent global private markets fund manager and advisor,”…
Vodafone Ventures joins Flybits’ $4.75 million Series A
Toronto-based Flybits, a company that originally incubated at Ryerson University’s Digital Media Zone (DMZ), has announced…
Stewart Butterfield is very honest about Slack’s VC funding
Slack CEO Stewart Butterfield comes across as a straight-shooter. The same day his company announced that it had raised $160…
Canadian startup community responds to impending Shopify IPO
What impact will the impending Shopify IPO have on the Canadian startup ecosystem? That’s the question…
Slack raises $160 million at $2.8 billion valuation
Slack, the popular Vancouver-based business communications company, has successfully raised a new $160 million round, which…
Today in Funding: TouchBistro, Ayogo, McRock INFund + HarbourVest VCAP
Funds are raising funds and April is the month of Series A rounds. Here’s the latest on who raised how much, from whom. …
Shopify files for proposed IPO
Ottawa-based e-commerce startup Shopify announced today that it has filed a registration statement with the U.S. Securities…
Reuters: Q1 2015 best quarter for VC investment in Canadian startups since 2007
Thompson Reuters has just released a preliminary version of Q1 2015 VC and private equity report. While the complete and final…
VarageSale raises $34 million Series B from Sequoia Capital and Lightspeed
Toronto-based VarageSale has raised a $34 million Series B, led by Sequoia Capital and Lightspeed Venture Partners with participation…
MappedIn raises $1.51 million seed round to chart a global course
Waterloo-based MappedIn announced the close of a $1.51 million seed round today, led by Amolino with participation from select…
Dream Payments secures $6 million in funding from Blue Sky Capital, Real Ventures, and Rouge River Capital
Cash continues to flow into Canadian startups. The latest is Toronto-based Dream Payments who has secured $6 million in funding,…
Sensibill raises $2 million seed round from Impression, Six Squared + Ryerson Futures
Toronto-based Sensibill announced today that it has raised $2 million in seed funding, led by Impression Ventures with participation…