ITIF president wonders whether Canada has the “political will” to fix its productivity issues
Rob Atkinson pines for a “killer instinct” while launching the CCIC.
SaaS
Potential Motors secures $2 million to commercialize terrain-perception software for off-road vehicles
After years of R&D, Potential says it is ready to take its core tech to market.
Netskrt Systems secures $10 million CAD in Series A financing to improve streaming speeds in “underserved” communities
Yaletown Partners and InBC Investment Corp were among investors in the content-delivery network startup.
1Password looks to help businesses secure unmanaged devices with a new offering
Extended Access Management stems from 1Password’s acquisition of Kolide in February.
Versaterm acquires American mental health platform for first responders
This is the public safety tech firm’s second acquisition within the past month.
FinTech startup Fluence Technologies agrees to be acquired by Anaplan
Anaplan plans to integrate Fluence’s financial consolidation software into its own platform.
Galatea secures $2.7 million to help oil and gas companies tackle waste disposal
Amid shifting environmental and regulatory landscape, Calgary firm eyes US expansion.
S|W: The SaaS Weekly – Following reports of grooming, WattPad turns off DMs
Plus: An active week of SaaS acquisitions.
Qohash secures $17.4 million in Series B funding for data security platform
Platform finds, inventories, and continuously monitors organizations’ sensitive data.
Zafin founder and CEO joins latest slew of #CDNtech executive turnover
Martello, Boast, and Illumin have also shuffled their leadership teams since the end of March.
Boom and goConfirm launch new products from experienced #CDNtech leaders
Ex-Shopify execs spice up remote meetings, while Wave alumni launch an AI scam detector.
S|W: The SaaS Weekly – Is Salesforce reviving the M&A market?
Plus: What you need to know in #Budget2024.
Across-the-pond acquisitions: Descartes acquires ASD, HR Path acquires GroupeX
Descartes continues its acquisition spree while GroupeX joins HR Path’s growing Canadian portfolio.
Versaterm continues acquisition spree with purchase of Integrated Computer Systems
Public safety tech firm has acquired 10 companies since 2020.
Vidyard rolls out AI avatars after securing funding from EDC and existing backers
With AI Avatars, Vidyard aims to facilitate “personalized video communications at scale.”