Bridgit opens first satellite office, looks to tap into Toronto’s talent pool
Bridgit, a startup developing software for the construction industry, has officially opened its first satellite office in Toronto.…
SaaS
OrbCare files for bankruptcy after failing to find buyer, team launches new company instead
Toronto-based healthtech startup OrbCare has officially filed for bankruptcy after the startup failed to find a buyer during…
Today in acquisitions: Vocaprep, Race Roster
Over the past few weeks, two Canadian companies have been acquired by overseas firms. Here’s the latest on Canada’s movers…
Canadian SaaS investment skyrockets by over 200 percent in 2019
Ottawa-based accelerator L-Spark has released the results of its annual State of Canadian SaaS report, which found that Canadian…
S|W: The SaaS Weekly – SaaS winners and losers
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Coconut Software raises additional $6.5 million CAD in Series A funding
Saskatoon-based startup Coconut Software has raised an additional $6.5 million CAD in what it is calling a Series A2 round.…
Five new startups join Ryerson, MLSE’s sport tech accelerator
Ryerson University and Maple Leaf Sports and Entertainment (MLSE) have announced that five startups have been selected to join…
Silofit raises $1 million seed round to develop “world’s first” network of on-demand gyms
Silofit is a Montreal based startup that has created a network of private, on-demand fitness spaces through an app offering…
RenoRun launches monthly subscription model following $22.5 million Series A
Construction-focused tech startup RenoRun has begun a broad rollout of its new payment model following the close earlier this…
S|W: The SaaS Weekly – The 14 year overnight success
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Social intelligence platform Trufan acquires SocialRank, raises $400,000 USD
Toronto-based software platform helping brands activate fan communities, Trufan, has acquired New York-based SocialRank, a…
1Password closes $265 million CAD in first round of institutional funding
After 14 years of organic growth, and attracting the attention of millions of users and more than 50,000 companies, Toronto-based…
S|W: The SaaS Weekly – Hootsuite needs a new head owl
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Ottawa-founded Threekit raises $20 million USD for product visualization platform
Threekit, an Ottawa-founded product visualization software platform company that targets e-commerce brands, has closed a $20…
OpenText to buy data security firm Carbonite for $1.88 billion CAD
Waterloo-based software company OpenText has announced plans to acquire American data backup and protection firm Carbonite…