CoLab Software becomes first Atlantic Canada startup to join Y Combinator
CoLab Software, based in St John’s, Newfoundland and Labrador, has become the first Atlantic Canada startup to be accepted…
SaaS
University of Ottawa’s MakerLaunch startup program gets a $1.5 million boost
The University of Ottawa’s faculty of engineering has received a $1.5 million CAD investment for its startup program MakerLaunch.…
Parity raises $5 million to make urban living sustainable
Toronto-based computer software company Parity, which uses technology to reduce carbon emissions for condos and multi-tenant…
Webware raises $2 million CAD following brick-and-mortar partnership with Staples
Webware.io, a Toronto-based website platform for small businesses, today announced that it has received $2 million in strategic…
S|W: The SaaS Weekly – Slack on the NYSE
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Disruption Ventures cuts first cheque to women-led Hostfully
Disruption Ventures, a Canadian female-founded venture capital fund investing in women-led businesses, has deployed its first…
Hootsuite lays off 100 employees, 10 percent of its staff
Hootsuite, the Vancouver-based social media management unicorn, laid off more than 100 employees, or about 10 percent of its…
Cybersecurity startup Kobalt closes $1 million CAD founders round
Cybersecurity startup Kobalt has raised a $1 million CAD founders round, led by its co-founders, Pankaj Agarwal and Boris Wert,…
Toronto startup Thinkwire wins Josef Umdasch Research Prize
Toronto-based software engineering startup Thinkwire Inc. was named the winner of Josef Umdasch Research Prize at the 2019…
Lightspeed receives $30 million stand-by acquisition loan from CIBC
Earlier this month, Lightspeed announced that it has received new credit facilities, including a new $30 million stand-by acquisition…
Today in hires: Vention, Procurify, National Research Council Canada
In the last week, two Canadian SaaS companies and one government research organization have added new members to their teams.…
Slack rolling out new features, will direct list on NYSE
Cloud-based communications company Slack recently announced a host of new features, the same week it filed to go public. Among…
Echosec to receive $2 million secured loan from TIMIA Capital
Victoria-based Echosec Systems, an online data aggregation platform, has entered into a three-year investment facility with…
US-founded VanillaSoft receives $1 million from Canadian Government
US-founded IT company VanillaSoft Corp. has been given a $1 million loan from Canada Economic Development (CED) for Quebec…
Coconut Software receives $1.75 million in debt financing from CIBC
Saskatoon-based Coconut Software has received $1.75 million in debt financing from CIBC Innovation Banking, with the company…