S|W: The SaaS Weekly – BlackBerry names new CEO, ditches spinout IPO plans
Plus: Vistara Growth Fund V sets target on enterprise software companies.
SaaS
How John Raeder would use his $600-million growth fund to scale your startup
Founders need to “deconstruct” their operating playbooks to rebuild a stronger system.
Formerly Qui Identity, Wave alumni launch digital ID verification platform Confirm
Kirk Simpson and Peter Carrescia raised $6.5 million to launch company in August 2022.
Y Combinator graduate Terminal closes $4.2-million CAD seed round
Terminal aims to be the Plaid for telematics data in commercial trucking.
Vistara Growth secures $200-million CAD initial close for fifth private credit fund
Vistara sees opportunity post-SVB as bank lenders, VCs pull back.
Durable raises $18 million CAD as it looks to help service-based businesses run on autopilot
Startup claims six million sites have been built with the platform in its first year.
S|W: The SaaS Weekly – Why did SaaS VC stalwart OpenView shut down?
Plus: ContactMonkey secures $55-million Series A.
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.
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.