What happened to OpenView and will Canada see zombie funds?
The sudden demise of Boston’s stalwart SaaS fund might be a sign of things to come.
SaaS
ContactMonkey raises $55-million Series A from Updata Partners
Toronto startup claims it is profitable and has grown 330 percent in the past three years.
EZee Assist reveals $1.85 million in funding to help franchises manage institutional memory
Toronto startup caters to clients like BeaverTails and Real Property Management.
Workleap expands through acquisition of US-based HR tech firm Pingboard
The acquisition comes five months after Workleap raised $125 million from CDPQ.
Renaissance raises $1 million CAD in fresh funding to help artists connect with their superfans
Music tech startup claims to have surpassed one million downloads with zero marketing spend.
Aiming for cash-flow positive in 2024, Virtuo targets North American expansion with 2023 funding
Calgary-based proptech startup raised $3.5 million in seed financing in March.
Sixty Degree Capital closes $338 million CAD for third venture fund
The new fund looks to invest in enterprise software and healthtech startups.
S|W: The SaaS Weekly – OpenText sells off mainframe business for over $2 billion USD
Plus: MaRS IAF returns and is ready to invest.
#CDNtech talks AI disruption and the state of SaaS
Canadian tech luminaries probe deep questions in this compilation of interviews recorded live at SAAS NORTH.
InBC leads $13.5-million financing round for ThoughtExchange
The startup claims its revenues have grown fivefold in the last five years.
Two years after Graphite Ventures spinout, MaRS IAF is ready to invest again
With new hires, managing director says IAF has achieved “critical mass.”
S|W: The SaaS Weekly – Investment in Canadian SaaS almost doubled from 2022 to 2023
Plus: Marc Benioff just can’t make up his mind on RTO.
HS GovTech Solutions acquired by Banneker Partners
HS GovTech is the latest Canadian tech company delisting from public exchanges.
Birdseye closes $4.1 million CAD in seed funding for AI-powered marketing platform
The round comes eight months after Birdseye’s $500,000 USD pre-seed funding round.
S|W: The SaaS Weekly – Q4 Inc. joins pandemic IPOs returning private, Ambyint returns to Calgary
Plus: Slack names longtime Salesforce executive Denise Dresser as new CEO.