Today in funding ($59M): Atomwise, Parkbench, Showpass
Over the past week, several Canadian startups got a boost with rounds of funding. Here’s the latest on who raised how much,…
SaaS
Toronto-based TunnelBear acquired by McAfee
McAfee has acquired Toronto-based VPN company TunnelBear. Terms of the deal weren’t disclosed. McAfee says that the acquisition…
Poka raises $10 million to be the messaging platform for factories
Quebec City-based Poka has raised a $10 million in a round led by Caisse de dépôt et placement du Québec through its fund…
With aggressive hiring plans, Wattpad doubles down on the Asian market
In early January, Wattpad announced a $61.25 million round of funding as it looked to continue its focus on machine learning…
#DisruptMining announces Acoustic Zoom as winner of potential $1 million contract
Goldcorp has announced the winner of Disrupt Mining 2018, a challenge that calls for innovators in the mining space to pitch…
ScribbleLive lays off 27 employees to ‘streamline organization’ amid search for new CEO
ScribbleLive laid off 27 employees earlier this week, BetaKit has learned. According to multiple sources familiar with the…
Feedback wants to win Toronto’s crowded food space through social impact
While many startups say they’re interested in changing the world with their product, it’s difficult to actually bake that…
PointClickCare raises $186 million from Dragoneer
PointClickCare has received a $186 million from Dragoneer Investment Group, a San Francisco-based investment firm with over…
Trudeau doesn’t want to tax foreign web giants, risk raising taxes on Canadians
Prime Minister Justin Trudeau doesn’t want to increase the cost of internet or cell phone service for Canadians. According…
S|W: The SaaS Weekly – Cannabis analytics
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Jiffy on Demand raises $3 million to continue US expansion
Toronto-based Jiffy on Demand has raised $3 million in follow-on financing. The round was led by Golden Venture Partners, with…
Hack To Start Ep.188: Hannah Donovan, CEO of Trash
Hannah Donovan is the CEO and co-founder of Trash, a new startup that’s currently building a predictive video editing platform…
Upchain raises $7.4 million to help companies manage product lifecycles
Toronto-based Upchain, which allows engineers, designers, sales people, purchasers and other product stakeholders to collaborate…
7 things brands need to know about Facebook’s News Feed changes
Facebook recently announced some major changes to its news feed. With Facebook becoming such an important channel for marketers,…
Today in company updates: Securicy launches platform for SMBs building cybersecurity policies, Uberflip announces new VP
In the past few weeks, several Canadian startups have made announcements and launched new features. Here’s the latest on…