Tailscale hits 10,000 paid business clients after doubling customer base in 10 months
Corporate VPN startup has seen rapid growth amid strong demand from AI companies.
SaaS
Ritual CEO, R&D team members to join Shopify
Shopify continues habit of adding founders to its team.
Broadsight appoints Steve Lowry as CEO to help UBC spinout build “the Salesforce for comms”
Co-founder Kurt Heinrich transitions to CSO in leadership shuffle.
Humi acquired by Australian HR software company Employment Hero
Sources told BetaKit the purchase price is $155 million CAD.
1Password builds on B2B growth with acquisition of UK-based Trelica
The deal marks 1Password’s largest-ever acquisition by company revenue.
Carbon6 to be acquired by US-based SPS Commerce for $301 million CAD to grow e-commerce merchant toolkit
Co-founder says company was grateful to land rare nine-figure Canadian tech exit.
Valsoft reloads acquisition war chest with $216.7-million CAD funding round
Vertical software rollup company made nearly 20 acquisitions in 2024.
Bench had a crazier holiday break than your startup
Bench acquired by Employer.com three days after abrupt Dec. 27 closure.
Thomson Reuters acquires American tax automation software SafeSend for $600 million USD
SafeSend integrates with various tax preparation products, including Thomson Reuters’s own UltraTax CS.
Paystone to acquire fellow payments processor Ackroo for $21 million
The last time Ackroo stock was valued at the purchase price of $0.15 per share was November 2021.
Flare raises $42.5-million CAD Series B to go global with cyber threat detection tech
Threat exposure management startup aims to head off credential theft with AI tools.
Absorb to acquire Together in bid to bring mentorship to its learning software
Calgary firm to absorb Together to provide more “comprehensive learning solution.”
Privacy Commissioner announces LinkedIn will pause training AI with data of Canadian members
Commissioner said LinkedIn believed its training model was privacy protective, but agreed to engage in discussions.
TikTok challenges feds’ shutdown order, calls national security review process “procedurally unfair”
Social media giant describes conflicting instructions during national security review.
Cookin acquired by US-based, fellow chef-made meal delivery startup CookUnity
CookUnity eyes Canadian expansion starting with Toronto in 2025.