Invest Ottawa receives $17 million to expand autonomous vehicle test facility
Economic development agency Invest Ottawa is expanding its autonomous vehicle test facility, Ottawa L5, and rebranding the innovation hub, aimed to support the creation,…
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Major Shopify exec shuffle sees CPO departure, Finkelstein shift to president
Shopify announced majors changes to its executive team today, including longtime chief operating officer Harley Finkelstein moving into the president role. Shopify CEO Tobias…
Today in funding: Thinkific, Attendease, Replica Analytics, HealthTech Connex
Four Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised, how much, from whom, and…
Shopify reveals data breach that affected “less than 200” merchants
Following an investigation, e-commerce company Shopify has announced two employees were behind a data breach that has affected some of the merchants on its…
Shopify closes public offering at $1.91 billion USD
Ottawa-based e-commerce company Shopify has raised $1.91 billion in a previously-announced public offering. All figures are in US dollars. The total proceeds from the…
Shopify announces initial $5 million USD in investments through sustainability fund
One year after the launch of the Shopify Sustainability Fund, the e-commerce giant has announced $5 million USD in investments into 11 cleantech companies…
Today in funding: Brink Bionics, Nexus Robotics, Connect&GO
Five Canadian startups have announced fresh funding to fuel their growth. Here’s the latest on who raised how much, from whom, and what they’ll…
Yeezy GM Jon Wexler joins Shopify to lead creator and influencer program
Jon Wexler, the now-former general manager of YEEZY at Adidas, is set to join Shopify to lead the Ottawa-headquartered company’s creator and influencer program….
Shopify sheds Ottawa office space amid planned Toronto expansion
Shopify plans to vacate its Ottawa headquarters on 150 Elgin Street and move to an office tower on Laurier Avenue, amid reports that the…
Today in acquisitions: Amika Mobile, ComplyWorks, Koantic
Over the past couple of weeks, several Canadian tech startups have been acquired, including Amika Mobile, ComplyWorks, and Koantic. Here’s the latest on Canada’s…
Shopify cuts office staff amid remote work shift
Shopify has laid off internal operations staff as the Canadian tech giant shifts to a permanent remote work model, BetaKit has learned. Approximately 30…
L-Spark launches new accelerator program for connected medical device ventures
Ottawa-based L-Spark has opened applications for a new MedTech accelerator program in partnership with Telus, BlackBerry, Solace, and the Canadian Internet Registration Authority (CIRA)….
Shopify revenue grows 97 percent in Q2 2020 as large number of retailers join platform
Shopify has released its financial results for Q2 2020, the period which ended June 30, 2020; recording a total revenue of $714.3 million, a…