Rockport Networks raises $61.9 million CAD, appoints Marc Sultzbaugh as co-CEO
Rockport’s tech is being used by a supercomputer at the University of Texas.
Ottawa
Former Shopify employees raise $8.5 million from Sequoia, Bessemer for new developer productivity startup Gadget
Ottawa-based Gadget has raised $8.5 million in a funding round led by Sequoia Capital and Bessemer Venture Partners. The financing…
Shopify merchants generate record $6.3 billion USD in sales during Black Friday, Cyber Monday
During 2021’s Black Friday and Cyber Monday weekend, Shopify merchants collectively generated $6.3 billion USD in sales worldwide,…
Versaterm to bolster next generation 9-1-1 calling tech with acquisition of Québec’s Komutel
Ottawa public safety tech firm Versaterm has acquired Komutel, a Saint-Georges, Québec-based communications solutions startup…
Unbounce’s Tamara Grominsky shares why companies need to develop a category alongside their product
Unbounce chief strategy officer Tamara Grominsky says developing a category alongside a product increases the odds of companies…
Trulioo’s Steve Munford says a unicorn valuation is part of the journey, not the destination
Although hitting a billion-dollar valuation is an important milestone for any company, Trulioo CEO Steve Munford says it is…
Plaid’s Irene Zhou on getting a ‘Yes’ faster from financial institutions
Working with financial institutions and large enterprises can be intimidating, but there are ways to get them to say ‘yes’…
GaN Systems nails $189.7 million CAD to drive semiconductor innovation
GaN Systems, a producer of gallium nitride power semiconductors, has secured a $150 million USD ($189.7 million CAD) growth…
Telesat makes TSX, Nasdaq debut
Canadian global satellite operator Telesat became a public company on two exchanges as it looks to bring faster broadband by…
Bessemer’s Alexandra Sukin shares best-in-class SaaS strategies
Metrics matter when assessing potential investments, but when it comes to assessing potential investments every company is…
L-SPARK’s Leo Lax: Canadian SaaS has “arrived”
The SaaS industry in Canada has “arrived,” according to L-SPARK managing director Leo Lax. In an interview with BetaKit…
Maturing Canadian tech ecosystem still dependent on government support: RBCx’s Anthony Mouchantaf
RBCx’s director of venture capital, Anthony Mouchantaf, said that rich valuations and a frothy market are signs that Canadian’s…
Shopify CEO Tobi Lütke’s Thistledown Foundation donates $26 million to children’s hospitals
Thistledown Foundation, a philanthropic organization founded by Shopify CEO and founder Tobias Lütke, with his wife Fiona…
SAAS NORTH launches award in tribute to prolific tech investor Greg Smith
SAAS NORTH, the annual conference for Canadian SaaS companies, has launched the SAAS NORTH STAR award founded in the memory…
Canadian Starlink competitor Telesat to go public on the TSX
Satellite communications company Telesat filed to go public on the Toronto Stock Exchange (TSX) earlier this week. The company…