Assent Compliance raises over $131 million CAD in Series C round
Ottawa-based supply chain data management company Assent Compliance has announced the close of over $131 million CAD ($100 million USD) in a Series C…
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Digital Main Street launches grant program for Ontario SMBs
Ontario’s Ministry of Agriculture, Food and Rural Affairs (OMAFRA) and the Ontario BIA Association (OBIAA) announced the launch of Digital Main Street’s Grants Program…
Slice Labs raises $25 million CAD to help insurers reach the gig economy
Insurance cloud platform provider Slice Labs has raised $25 million in a Series A extension. The company raised a $15 million CAD Series A…
University of Ottawa opens STEM Complex with $51 million from federal government
The University of Ottawa has completed construction of its STEM complex. The University of Ottawa received an investment of over $51 million through the…
Waterloo’s Accelerator Centre and Invest Ottawa launch IO Accelerator
Invest Ottawa is launching a new accelerator program in the city with the help of Waterloo’s Accelerator Centre. Dubbed the IO Accelerator, Invest Ottawa…
L-SPARK launches accelerator with BlackBerry QNX
SaaS accelerator L-SPARK is launching a new accelerator with BlackBerry that will give companies access to QNX technology. The BlackBerry/L-SPARK accelerator program is looking…
Canadian VoIP provider Versature acquired by net2phone
Ottawa-based Versature, which builds VoIP solutions for businesses, has been acquired by New Jersey-based VoIP provider net2phone. “We are delighted to welcome Versature’s management…
Ericsson acquiring CENX to help enterprise customers leverage 5G
Ericsson is acquiring New Jersey-based CENX, which provides end-to-end service assurance for hybrid networks. While based in the US, CENX has a significant Canadian…
Today in board additions: William Mougayar joins Kin Foundation’s board of directors, Joule appoints Deepak Kaura as board chair
This week, two Canadian organizations have announced new board members. Here’s the latest on these company updates. Former Ethereum Foundation advisor William Mougayar joins…
Startup Open House returns to give an inside look into companies like Shopify, Busbud
For the sixth year in a row, Startup Open House is returning to seven Canadian cities to invite tech enthusiasts inside the offices of…
A look at the architecture firm designing offices for Shopify, Element AI, and Klipfolio
As much as the startup world has a reputation for being nimble, there’s also a reputation for the interesting workspaces that these startups inhabit….
Shopify hits $245 million in revenue for Q2 2018, but growth is slowing
Shopify released financial results today for Q2 2018, which ended on June 30, 2018. Shopify’s total revenue in the quarter was $245 million (all…
Ottawa-based Snowed In Studios acquired by Keywords Studios
Ottawa-based Snowed In Studios, which provides engineering and co-development services to the video games industry, has been acquired by Keywords Studios. Founded in 2010,…