S|W: The SaaS Weekly – Salesforce begins restoring headcount after slashing 10 percent of staff
Plus: Plurilock finds gains in selling safety, Databricks raises $500M.
SaaS
SaaSquatch acquired by US-based partnership management platform Impact.com
Deal follows Impact.com’s recent purchase of another BC tech startup: Pressboard.
Paper cuts more staff in second round of layoffs since August
Another 87 “paperites” let go as EdTech startup aims for profitability.
Streamforge raises $1.6 million CAD to scale AI-driven influencer marketing
Montréal startup hopes seed round enables European, Asian expansion.
Ontopical closes $3.3 million seed extension to help companies navigate the local government procurement process
Rhino and Graphite Ventures-backed Ontopical mines public data for private sector clients using AI.
S|W: The SaaS Weekly – Canadian legaltech duo agrees to merge, SAP nabs LeanIX in $1B+ deal
Plus: David Sacks has a new SaaS startup for other SaaS startups.
As enterprises dip their toes into generative AI, Plurilock finds gains in selling safety
Regulatory changes are putting greater pressure on compliance, says CEO Ian Paterson.
Space-tech startup Mission Control shoots for the Moon (and Mars) with funding from GreenSky
Mission Control’s customers have included the Canadian Space Agency, NASA, and MDA.
Meet the Y Combinator Summer 2023 cohort startups with Canadian connections
Participants include Decoda Health, Greenlite, LifestyleRX, Spine AI, Tempo Labs, Terminal, and VaultPay.
S|W: The SaaS Weekly – Rubrik aims for IPO, SentinelOne is not for sale
Plus: Replicon is acquired by US-based Deltek.
CiteRight and fellow Canadian legaltech startup Jurisage ink deal to merge
Merger will combine CiteRight’s litigation-drafting platform with Jurisage’s AI tech.
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.
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.