Hootsuite makes additional staff cuts following August layoffs
August cuts impacted one-third of company; latest round hit approximately 5 percent.
SaaS
Snowflake opens Toronto HQ, engineering hub to expand investment in Canada
Billion-dollar US company makes it snow early in Toronto.
Hopeful Evernote competitor Nook raises $2.39 million CAD pre-seed round
Ottawa note-taking app’s investors include angels from Apple, LinkedIn, Rewind, Shopify.
Voilà! closes $13.75 million Series A to help combat labour shortages across Canada, United States
Voilà! claims it can drop absenteeism by 35 percent.
S|W: The SaaS Weekly – A brutal week for Big Tech
Plus: Meet the new Chief Twit.
Shopify acquires Remix to bolster its headless commerce framework
Latest acquisition meant to remix Shopify’s own framework tool for building storefronts.
Satellite component testing startup Connektica raises $2.7 million CAD
An indirect player in the space race, Connektica carries out quality assurance testing.
Telus International to acquire product development shop WillowTree for $1.2 billion USD
WillowTree’s clients include Fox, CBC, PepsiCo.
RenoRun lays off 43 percent of staff to extend runway as inflation rises and consumer confidence falls
RenoRun founders: “The business climate we are operating in has fundamentally changed.”
Certn acquires Australian firm InterCheck to bolster suite of background screening solutions
Certn also acquired another competitor in the UK in January, Credence.
Workflow SaaS integrator Unito raises $20 million to build more integrations
Unito wants to break into more SaaS categories, starting with support tools.
Cinchy closes $19.7 million CAD Series B to make data integrations obsolete
Forgepoint-backed Cinchy sees room to grow as firms cut costs.
Shopify makes investment in Hong Kong startup WATI’s $23 million Series B round
WATI represents Shopify’s first investment in a Southeast Asian firm, but not in customer relations.
S|W: The SaaS Weekly – Microsoft makes more—quiet—staff cuts
Plus: BetaKit takes over SAAS NORTH stage in November.
Nolk raises $30 million, acquires home goods brands Ergonofis, Opposite Wall
Nolk intends to use the capital for more acquisitions.