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…
SaaS
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…
Voiceflow raises $4.7 million CAD following takeover of American competitor
Voice app design and development platform Voiceflow has raised a nearly $4.7 million CAD seed round, following an announcement…
Velocity and YC grad, Fuzzbuzz, raises $3.6 million CAD seed round
Fuzzbuzz, an automated software security platform founded in Kitchener-Waterloo, has raised a $3.6 million CAD seed round led…
Axonify expanding presence in Europe
Waterloo-based learning software company Axonify will be expanding into the European market, with strategic new roles supporting…
Wattpad, Sony Pictures Television teaming up for TV programming deal
Wattpad has announced a partnership with Sony Pictures Television to co-produce original programming of Wattpad’s stories…
S|W: The SaaS Weekly – Leveling up the cloud
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…