Acton Capital closes $240-million USD Fund VI to invest in tech startups across Canada and Europe
Acton’s Canadian portfolio has included Chefs Plate, Clio, Knix Wear, Maple, and Mobify.
SaaS
Dapper Labs, Nesto, Certn, top Deloitte’s 2023 Technology Fast 50 list
FinTech startups made a mark on the list of Canada’s leading technology companies.
Cavelo secures $5-million Inovia-led seed round to help financial services firms protect their data
With cybersecurity no longer just “a big company problem,” Cavelo eyes US expansion.
ChargeLab taps Newlab, Flipp alums Shaun Stewart and Patrick Smith to leadership team
Stewart will serve as ChargeLab’s new president, while Smith has joined as VP engineering.
Certn acquires European ID verification company Trustmatic
Trustmatic marks Certn’s third international acquisition in the last two years.
Private equity firm Vertu Capital acquires developer platform ActiveState
Vertu closed $300 million CAD for its first private equity fund in March.
S|W: The SaaS Weekly – John Chen retires, Hyatt brothers return with DataStealth
Plus: Uber, Lyft to pay $328 million to settle wage-theft allegations.
Slack CEO Lidiane Jones to depart after a year in the role
Jones will become CEO of Bumble as Salesforce-owned Slack looks for its third CEO in as many years.
The BetaKit Keynote Stage returns to SAAS NORTH 2023
Workleap, Wealthsimple, OpenView, BDC leaders among stage headliners November 15-16.
Brickeye secures $5 million CAD in convertible debt round with participation from BDC and Graphite Ventures
Brickeye provides construction companies with job site monitoring, analytics, and smart automations.
FigBytes acquired by Irish software company AMCS in trans-atlantic ESG deal
The deal comes one year after FigBytes secured $14.5 million USD for its ESG insights platform.
Hyatt brothers aim to build their “next big thing” with majority ownership of DataStealth
After exiting Dyadem and BlueCat for over $1 billion, the Hyatts have teamed up again to tackle cybersecurity.
Richard Lynch will replace John Chen as interim CEO as BlackBerry prepares to split company
BlackBerry has been attempting to revive shareholder interest over the past year.
PLATO’s Keith McIntosh among EY’s Entrepreneur Of The Year 2023 regional winners
McIntosh was recognized for building Indigenous representation among PLATO’s workforce.
S|W: The SaaS Weekly – Databricks nabs Arcion for $100M, 1Password detects “suspicious activity”
Plus: CentML gets Google and Nvidia backing to boost ML model performance.