“Cooler financing environment” leads StellarAlgo to restructure and make layoffs
Twenty-one employees laid off could represent nearly one quarter of Calgary startup’s headcount.
SaaS
What Allen Lau learned from Wattpad’s $754-million acquisition
Co-founder shares M&A insights ahead of TechExit appearance on October 25.
Struggling, TSX-listed BBTV announces plan to become a private company
BBTV founder and CEO, Well Health CEO to privatize Vancouver firm.
Restaurant software startup Snappy secures $7-million Series A round
As restaurants continue to digitize, Snappy’s new investor believes the solution is a flexible option for a “fractured…
Ten Key Labs secures $10.5 million, launches AI equity management tool for founders
Extreme Venture Partners, Xtreme Labs alum secures backing from Craft Ventures, Shopify angels, Wave co-founder.
Buddybuild founder is back with new code-assist platform Unblocked
Amplify Partners, Slack founder Stewart Butterfield among Unblocked’s investors.
Vendasta closes $20-million Series E to fund acquisitions, converts existing debt into equity
Foundry partner Brad Feld joins board, sees Vendasta as a “natural consolidator” of B2B SaaS firms.
S|W: The SaaS Weekly – Cardata gears up with new funding, BlackBerry plots connected-car split
Plus: Qualtrics lets go of 780 workers.
Fivetran is hiring software engineers, VPs, and product managers for its data movement platform in Canada
The California-based SaaS firm is hiring remote and Toronto-based positions.
Oxio spinout Gaiia closes $13 million USD to develop operations software for other ISPs
Cogeco bought Oxio’s telecom business in March for $100 million.
S|W: The SaaS Weekly – Summertime Sadness for Saskatoon software startups
Plus: 1Password has a president.
Cardata raises $100 million for product acceleration
Company says investment is “pivotal” as it works to grow platform for workers using private cars.
David Faugno latest addition to 1Password as first-ever president and chief operating officer
1Password continues to add to its C-suite following new revenue milestones.
Saskatoon software startups Vendasta, 7shifts, Andgo Systems make layoffs
Vendasta CMO: “Every tech company right now needs to be thinking about profitable growth.”
Cognota closes $5.5-million USD Series A to make corporate LearnOps a thing
With a new name, product, and fresh capital, Cognota eyes growth.