Round13 leads System-3’s $3.6 million round to mitigate bias in hiring leadership talent
System-3 taking cues from aviation industry training to evaluate company leadership.
SaaS
S|W: The SaaS Weekly – YouTube’s CEO to step down
Plus: Wix, DocuSign make cuts.
Cogeco acquires independent internet provider Oxio’s telecom business
The purchase marks latest blow to Canadian telecom competition.
Mining, energy companies lead TSXV’s list of 50 top-performing public companies
Newfoundland’s Kraken Robotics tops technology category.
Plum secures $8 million CAD to help big businesses navigate tight labour market
Plum aims to provide “missing dataset” companies need to tackle talent crisis.
BBTV secures $21.6 million CAD loan to pay off overdraft facility
“We have also allocated additional cushion to help withstand future macroeconomic uncertainty.”
S|W: The SaaS Weekly – Fight brews over Magnet Forensics acquisition deal
Plus: Jobber secures $100 million.
Prevu3D raises $13.3 million CAD to help enterprises take “first steps” into industrial metaverse
Prevu3D claims 3D digital twins can reduce industrial carbon footprint.
Descartes acquires US-based GroundCloud for $138 million USD
Descartes aims to apply GroundCloud’s safety content, compliance solutions across more industries.
Federal government reveals breakdown of $700 million renewed commitment to Innovation Clusters
Renewed funding follows previous lobbying efforts to increase investments into clusters.
WFHomie acquired by Houston’s GoCo to create all-in-one HR platform
WFHomie was the first investment out of Ryan Holmes and Manny Padda’s fund LOI Venture.
GreenSky expands team, secures $17 million first close of Fund V as firm sees opportunity amid the downturn
“When you get that kind of volatility … that’s when you get the best opportunities.”
Thinkific, WonderFi, VerticalScope face leadership changes following layoffs
Canadian tech companies hit with executive exodus amid sector downturn.
Fight brews over Magnet Forensics’ proposed $1.8 billion acquisition by Thoma Bravo
Magnet Forensics shareholder contests deal; independent Magnet directors push back.
GSoft acquires Didacte to bolster employee engagement software suite
GSoft said this marks the beginning of more acquisitions.