Nanoprecise closes $13.4 million CAD Series B round for its manufacturing monitoring software
Edmonton startup combines wireless sensors with AI to detect small changes in machine performance.
SaaS
Descartes Systems Group acquires shipment management SaaS provider Supply Vision for $16 million CAD
With the purchase, Descartes wants to increase its shipment management capabilities.
ApplyBoard announces leadership switch-up, with founding CEO replaced by brother
ApplyBoard quietly replaced CEO with its CMO last summer.
Salesforce layoffs show Canadian employees caught in ongoing Big Tech cuts
Layoffs at major US tech firms continue to hit Canada, Salesforce joins Amazon, Meta, Twitter.
Ackroo acquires Simpliconnect to bolster client base
The payment solutions startup absorbs 60 clients in 350 locations in the process.
Thomson Reuters closes acquisition of US tax software company SurePrep for $500 million
Deal marks latest in series of AI-focused acquisitions made by Thomson Reuters.
Unbounce’s Peter Housley on hitting your targets in a downturn
Unbounce CMO says startup slashed its paid media strategy 30 percent.
Clio’s Natalie Archibald on creating digital-first workspaces
Clio’s VP of People says approach offers more flexibility, inclusion for employees.
S|W: The SaaS Weekly – John Carmack is leaving Meta
Plus: Former Google ad chief’s ad-free search engine launches in Canada.
Vector Health Labs acquires AI-driven mental health tech startup Get A-Head
The deal was valued at $17 million.
AlayaCare co-founder launches venture fund Storytime Capital with $15 million
The VC wants to invest in founders that aim to change the landscape of work.
Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
Shopify’s Ria Bhavnani shares the company’s approach to pricing
“Maybe it’s more relevant in this market, but you should always be thinking about pricing.”
S|W: The SaaS Weekly – The end of an era at Slack
Plus: Wattpad president Jeanne Lam resigns months after being tapped to lead company.