Niricson closes $10-million Series A to monitor critical infrastructure using tech
Victoria startup’s solution has been tested at Toronto’s Pearson Airport and Saskatchewan’s Gardiner Dam.
SaaS
AppDirect acquires ADCom’s network operations centre, monitoring platform to launch managed services suite
Canadian-founded, San Francisco-based AppDirect has a strong presence in Canada.
Canadian startup struggles continue as Silofit closes up shop, Top Hat and Fable cut staff
Trio joins growing list of Canadian tech firms that have restructured or ceased operating during the downturn.
S|W: The SaaS Weekly – OpenText’s acquisition of Micro Focus spurs IP and patent questions
Plus: Solink secures $60 million to scale cloud-based video surveillance service.
Oil and gas-backed Climate Investment leads $12-million CAD round into SensorUp’s methane leak-detecting platform
Climate Investment is a specialist investor funded by OGCI, an organization of oil and gas CEOs.
Part3 serves North American construction mega-projects. With new funding, “the vision is bigger”
Toronto startup has secured $2.8 million, backing from Levelset founder to streamline construction admin.
Hopper to power travel portal for Brazilian digital banking giant Nubank
Hopper brought travel booking to Uber UK and is now targeting Nubank’s 80 million customers.
PasswordBox, Intel alums build enterprise low-code tool for natural language models
HumanFirst’s backers include Panache, Inovia, and Real Ventures.
Solink secures $60-million USD Series C and backing from Goldman Sachs to become cloud video surveillance leader
As the security market shifts to cloud, Solink looks to scale.
S|W: The SaaS Weekly – What is Reddit CEO Steve Huffman doing?
Plus: Constellation Software acquires Optimal Blue, Vitruvi acquired by Bow River Capital.
Ontario organizations secure nearly $20 million in federal funds to drive entrepreneurship, job creation
Funding is split between five companies and one business hub in Toronto, as well as one Ottawa-based firm.
Checkfront merges with Australia’s Rezdy to scale online tourism reservations
Both startups offer online booking platforms for tourism companies.
Construction software firm Vitruvi to be acquired by US-based Bow River Capital
Calgary-based Vitruvi’s team and leadership to stay on as part of deal.
ProShop ERP raises $32 million to help manufacturers digitize operations
ProShop has previously been a founder-financed company for seven years.
Metafold 3D closes $2.35 million CAD to fuel industrial adoption of 3D printing
Toronto startup has interest from sportswear and biopharma clients for its 3D printing tech.