Isaac Souweine leaves Real Ventures, joins Pender Ventures to support Vancouver firm’s expansion across Canada
After backing nine startups through first fund, Pender Ventures hopes to raise $100 million CAD for Fund II.
SaaS
Cadence closes $1.2 million to ease the administrative burden for grieving families
Backed by Conexus, Lex Capital, The51, Cadence aims to expand across North America.
Maxa raises $2.9 million CAD to help businesses automate resource planning
Investor says ERP space is “ripe for change.”
S|W: The SaaS Weekly – 1Password’s CEO isn’t worried about Apple
Plus: ApplyBoard CEO says market downturn isn’t slowing down international expansion or IPO plans.
Hyatt brothers’ BlueCat to be acquired by another US private equity firm
Audax purchasing Toronto-based BlueCat from Madison Dearborn.
Beehivr secures $1 million from Investissement Québec to launch digital sales room solution
Beehivr aims to help more businesses maintain lasting relationships with clients.
ApplyBoard CEO says market downturn isn’t slowing down international expansion or IPO plans
CEO says ApplyBoard’s large cash reserves, “counter-cyclical” education market give startup room to grow.
Parallelz raises $3 million to challenge how app stores deliver, distribute apps
“Soon, sharing a mobile app will be as easy as sharing a meme.”
Twitter selects Canada as test market for new longform writing feature
When 280 characters isn’t enough, Twitter offers 2,500 words
Ataccama secures $150 million from Bain Capital’s Tech Opportunities Fund
The Toronto data management startup cuts ties with bootstrapping.
Axonify acquires employee communication startup Nudge
Axonify, Nudge plan to disrupt the marketplace for frontline employees.
As Apple moves to kill the password, 1Password CEO says he’s not worried
“Every time they’ve introduced something our business has gone up significantly.”
Autodesk alums close $5.3 million CAD to automate building design with Augmenta
Construction, real estate players have bought into Augmenta’s vision.
S|W: The SaaS Weekly – The UWaterloo experts building quantum-safe cybersecurity
Plus: Google pays $118 million for underpaying women.
Areto Labs secures $1 million to address online abuse with machine learning
Areto Labs aims to help sports teams protect star athletes from social media trolls.