Former Global Founders Capital partner launches Northside Ventures to back pre-seed Canadian entrepreneurs across North America
Northside has secured $6.25 million USD from Inovia, Intact, Bain, Golden Ventures, and Garage Capital, among others.
SaaS
Employee time-tracking startup Replicon acquired by US-based Deltek
Deltek called this deal one of the largest in the company’s history.
FlipGive raises $5 million to expand fundraising platform for youth sports teams
FlipGive launched its embedded cash-back rewards shopping platform in August.
Flojoy raises $1.7 million to apply AI to instrumentation testing for heavy industries
Former Plotly CEO moving on to build new Python-based software.
SearchEye raises $1 million to scale platform that connects brands with content creators
Funding will help SearchEye expand capabilities, like support for audio, video, social media.
Andorix receives $54.3 million CAD in debt, equity for in-building digital infrastructure
Toronto-based startup aims to help systems like HVAC, Wi-Fi, lighting, and elevators work together on one network.
S|W: The SaaS Weekly – BlackBerry has an interested buyer
Plus: Google faces executive turnover as the company searches for a new identity.
Gambit Partners aims to take some of the risk out of early-stage investing by leaning on its LPs
Led by Relay Ventures and VTS VPs, $2-million VC fund looks to leverage its LP battalion of Canadian tech operators.
Identity-verification company Trulioo unveils new capabilities to accelerate person-matching
Trulioo uses AI and machine learning to accelerate customer verification.
OpenText acquires solutions partner KineMatik
KineMatik offers automation tools for business processes via OpenText marketplace.
Blanka raises $2.7 million CAD to simplify launching beauty brands
Blanka claims it can launch a new beauty brand in under an hour for less than $200.
Aptum promotes CloudOps founder to CEO following January acquisition
The company is revamping leadership as it looks to capitalize on AI-driven demand for multi-cloud solutions.
Redbrick expands portfolio with acquisition of video-editing software Animoto
Redbrick CEO said the company has reached $100 million in annualized revenue, 200 employees.
S|W: The SaaS Weekly – Ex-Salesforce VP claims company lied about data platform capabilities
Plus: Athennian navigates scaleup growing pains with layoffs, leadership changes.
Magnet Forensics acquires digital-media startup Griffeye to help investigate child abuse online
Griffeye claims its platform is used by over 1,000 police agencies globally.