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…
SaaS
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…
Shopify launches email product to do battle with old partner Mailchimp
Shopify announced on Tuesday that the e-commerce company is expanding into the email marketing space. This new product line…
S|W: The SaaS Weekly – A big quarter for the Big 3
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Coveo raises $227 million CAD to pursue “aggressive” growth in AI e-commerce market
Unlike some other Canadian AI companies, Coveo has flown relativity under the radar since it was founded in 2005. That hasn’t…
Ryan Holmes steps down as CEO of Hootsuite
CEO of Vancouver-based unicorn Hootsuite, Ryan Holmes, has announced he is stepping down from the role. In a resignation announcement…
Today in funding ($27.8 million): CTO.ai, MindBeacon
Two Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Digital identity company 2Keys acquired by Interac
2Keys, an Ottawa-based leader in digital identity, has been acquired by Interac. Terms of the deal were not disclosed. Interac…