Opendoor hiring in Canada as it looks to make Toronto a “major hub”
Up to 100 people could join Toronto team, but company has no immediate plans to enter Canadian market.
SaaS
OpenText lays off four percent of its global workforce
Cuts come as former IBM Americas president Ayman Antoun prepares to take over as CEO.
1Password launches new platform to rein in companies’ AI agents
Unified Access Platform helps businesses deploy autonomous AI without losing control of credentials.
YScope closes $3.9 million USD to track computer activity amid the rise of agentic AI
Two Small Fish backs U of T spinout’s logging infrastructure technology.
Tailscale makes first acquisition with Border0 purchase
Corporate VPN startup will expand Vancouver footprint as it absorbs entire Border0 team.
Citing market conditions, Loopio cuts 12 percent of staff
Company says move is focused on sustainable growth.
Wyvern launches international partnerships in Agtech, oil and gas
Edmonton company signs deals with US-based Orbital Advisors and Saudi government-backed Neo Space Group.
Janet Bannister’s Staircase Ventures closes $50-million second fund
BDC Capital, University of Alberta, InBC join early-stage Toronto VC firm’s LP base.
UniUni raises $85 million USD as it scales gig-powered delivery across North America
Beijing-based PE firm leads $30-million equity round, with RBC providing $55-million credit facility.
Spellbook looks to scoop up legal AI competitors with $40-million USD in debt financing
Legaltech startup on track to hit $100-million USD ARR off faster-than-expected growth.
NationGraph raises $18 million USD to bring AI to the black box of government contracting
Canadian co-founded startup is building AI intel platform for teams selling to governments.
CCI wants governments to buy more Canadian healthtech
Tech advocacy group urges overhaul of procurement and data management to support domestic companies.
How Stay22 went from pandemic freefall to one of Montréal tech’s biggest growth stories
After losing 90 percent of its revenue in 2020, travel tech startup secures $122-million USD investment.
Private equity firm Novacap closes seventh and largest tech fund
The nearly $3.8-billion USD fund continues “disciplined” tech buyout strategy.
Can Canada find digital sovereignty in the Fediverse?
At FediMTL, advocates say growing the social web is vital to combating Big Tech.