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…
Ottawa
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…
US private equity firms make $300 million CAD strategic investment in Fullscript
A pair of American private equity firms have agreed to invest $300 million CAD ($240 million USD) in Ottawa-based healthtech…
Ottawa-founded Threekit raises $43.6 million CAD to bolster product visualization tech
Threekit, an Ottawa-founded SaaS startup, has raised $43.6 million CAD ($35 million USD) in an all-equity Series B funding…
Knak nabs $31 million CAD to market its drag-and-drop, no code platform
Formerly bootstrapped Knak has closed its first ever round of financing, a $31 million CAD ($25 million USD) Series A round…
Shopify, Ledger dodge class action as California court dismisses 2020 data breach lawsuit
A California court has dismissed a proposed class-action lawsuit against Shopify and Ledger over a 2020 Shopify data breach…
Attain Insight to acquire map intelligence tech from Australia’s Integeo
Canadian business analytics company Attain Insight is set to acquire Integeo’s map intelligence assets and intellectual property,…
Why Trulioo’s Steve Munford thinks “we don’t need more unicorns”
After stepping into the CEO role at identity verification provider Trulioo, Steve Munford was at the helm of a nearly half-billion…
IBM Canada, University of Ottawa to build cybersecurity learning facility
IBM Canada and the University of Ottawa have entered a multi-year partnership to build and operate Cyber Range, an experiential…
Shopify increases revenues and gross profits, posts operating loss in Q3 2021
Shopify posted total revenue of $1.12 billion, up 46 percent year-over-year as it announced its third-quarter results for 2021.…
Fellow.app’s meeting productivity software attracts $24 million
Meeting productivity software startup Fellow.app has secured $24 million USD in Series A funding as the COVID-19 pandemic has…
Former Slack leader Allan Leinwand joins Shopify as new CTO
Allan Leinwand, former senior leader at Slack, is joining Shopify as its chief technology officer. In a Tweet posted on Monday,…