Wattpad to be acquired by South Korea’s Naver Corp. for $754 million CAD
Wattpad is set to be acquired by South Korean internet company Naver Corp. for an estimated $754 million CAD ($600 million…
SaaS
Benevity’s Bryan de Lottinville to step down from CEO role for second time in the last year
Benevity’s founding CEO, Bryan de Lottinville, is stepping away from the leadership role – for the second time…
Ottawa cloud backup startup Rewind raises $19 million CAD Series A
Ottawa-based Rewind has closed a $19 million CAD ($15 million USD) Series A round of financing as it looks to capitalize on…
S|W: The SaaS Weekly – WhatsApp exodus
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Hopeful raises $400,000 to help nonprofits harness data
The nonprofit sector contributes billions of dollars to communities across Canada and to the country’s economy as a whole.…
FreshBooks founding CEO Mike McDerment steps down as executive director Don Epperson takes over
Mike McDerment, the founder and longtime CEO of accounting software company FreshBooks, has stepped down from his role and…
Ledger one of “small number” of additional Shopify merchants affected by 2020 data breach
Cryptocurrency hardwallet company Ledger has revealed it was part of Shopify’s 2020 data breach, which exposed data from…
Top Hat continues to amass traditional publishers with acquisition of Fountainhead Press
Top Hat, a Toronto-based EdTech software startup offering an online learning platform for higher education, has acquired traditional…
EdTech startup Prodigy Education raises $159 million CAD Series B round
Oakville, Ont.-based EdTech startup Prodigy Education, which offers an e-learning platform and math-focused games for elementary…
Edmonton-based Jobber raises $76 million CAD growth equity round
Jobber, the startup on a mission to become a comprehensive software provider for home service businesses, has raised $76 million…
S|W: The SaaS Weekly – Insurrection Banhammer
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Trulioo appoints Matt Schatz as new chief revenue officer
Vancouver-based global identity verification startup Trulioo has announced that Matt Schatz is joining the company as chief…
Joyride receives $282,000 in provincial, industry contributions for e-scooter docking system
Toronto-based micro-mobility software startup Joyride has received $282,000 in Government of Ontario and industry support to…
Today in acquisitions: Invigo Media, Crowd Content, Xpertdoc Technologies
Over the past week, three Canadian tech startups have been acquired: Invigo Media, Crowd Content, and Xpertdoc Technologies.…
Red Hat to acquire container security firm StackRox
US open source software giant Red Hat is set to acquire StackRox for an undisclosed amount. The transaction is expected to…