Aptum promotes CloudOps founder to CEO following January acquisition
byThe company is revamping leadership as it looks to capitalize on AI-driven demand for multi-cloud solutions.
saas
Redbrick expands portfolio with acquisition of video-editing software Animoto
byRedbrick 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
byPlus: Athennian navigates scaleup growing pains with layoffs, leadership changes.
Magnet Forensics acquires digital-media startup Griffeye to help investigate child abuse online
byGriffeye claims its platform is used by over 1,000 police agencies globally.
Horizn acquired by US conversational AI firm Inbenta
byDeal will add Horizn’s interactive product demos to Inbenta’s platform.
Canadian startups NLPatent, BorderlessHR, Monark accepted into Google’s Women Founders accelerator
byThree startups represent Canada in a cohort of 11 North American companies.
Innerspace reveals $10-million Series A round to scale workspace utilization tech
byInnerspace uses offices’ existing Wi-F infrastructures to gather occupancy data.
Legaltech scaleup Athennian navigates growing pains with layoffs, leadership changes
byAthennian CEO says changes part of company “preparing for its next level of scale.”
Cybersecurity startup Field Effect on the hunt for acquisitions following $30-million CAD debt facility from Scotiabank
byThe average cost of data breaches in Canada rose to $5.64 million in 2022.
S|W: The SaaS Weekly – Only one Canadian company made Bessemer’s Cloud 100 list
byPlus: Canadian SaaS companies have acquisition fever.
Salesforce, Radian6 veteran Chris Ramsey named CEO of criminal-intelligence startup Cybercheck
byRadian6 sold to Salesforce for $436.9 million CAD during Ramsey’s time there.
1Password only Canadian company to crack Bessemer, Salesforce Ventures’ 2023 Cloud 100 list
byOpenAI takes number one spot in list of top 100 private cloud firms.
EventMobi acquires US-based virtual events platform Run The World
byThe deal comes as demand for virtual gatherings has fallen from pandemic highs.
S|W: The SaaS Weekly – Atlassian & Cloudflare score big, Zoom sends employees back into the office
byPlus: Uber finally makes a profit.
Niricson closes $10-million Series A to monitor critical infrastructure using tech
byVictoria startup’s solution has been tested at Toronto’s Pearson Airport and Saskatchewan’s Gardiner Dam.