Enterprise software startup jSonar raises $50 million USD from Goldman Sachs
jSonar, an enterprise software startup that has developed a database security platform, has raised $50 million USD in its first…
SaaS
Invixium raises $3 million amid growing demand for touchless biometrics fever detection
Invixium, a Toronto-based biometric security products manufacturer that focuses on access control and workforce digitalization…
Slack reports record customer growth as global workforces go remote
Vancouver-founded communications software company Slack has reported its financial results for the first quarter and provided…
Poka closes $6.4 million CAD for connected factory worker platform
Poka, a Quebec City-based startup that has developed a “connected workforce” app, has closed $6.4 million CAD. The round…
Montreal’s Vention raises $38 million CAD Series B
Vention, a manufacturing automation tech startup, has raised $38 million CAD in Series B financing. The round was led by Georgian…
S|W: The SaaS Weekly – Winning work-from-home
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Ritual reportedly raises $29.8 million CAD following COVID-19 layoffs
Toronto-based food ordering and mobile pickup startup Ritual has reportedly raised $29.8 million CAD ($22 million USD) from…
Tugboat Logic closes $10.8 million CAD led by Inovia Capital
Tugboat Logic, which provides automated tech for the security assurance market, has raised a $10.8 million CAD ($8 million…
Canadian startup Boss Insights helping American small businesses navigate PPP loans
Since launching in early April, the Paycheck Protection Program (PPP), a COVID-19 relief initiative in the United States that…
Benevity founder Bryan de Lottinville to become executive chairman as Andrew Huddart takes over CEO role
Bryan de Lottinville, the founder of corporate social responsibility software startup Benevity, is departing his role as CEO…
Top Hat to acquire Nelson Education’s post-secondary textbook business
Top Hat is set to acquire the Canadian domestic higher education textbook businesses of Nelson Education, one of the country’s…
Facebook Canada offering $3.5 million to support 650 Canadian small businesses
Facebook Canada is offering $3.5 million in grants, virtual training programs, and product features aimed to support Canadian…
S|W: The SaaS Weekly – Shopify goes remote
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
S|W: The SaaS Weekly – Thrown for a loop
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Facedrive looks to acquire Foodora Canada assets as it launches food delivery service
London, Ont.-based Facedrive has signed a binding term sheet that could see the ridesharing startup purchase certain assets…