Fluence acquires SaaS startup Sturnis365 to expand European presence
Fluence’s second acquisition in six months gives the startup an end-to-end accounting solution.
SaaS
S|W: The SaaS Weekly – Byju’s, Tencent, ByteDance hit with layoffs
Plus: Avanade, Nautical Commerce, Twilio, Dealpath plot Canadian expansions.
International IT firm Globant opens office in Toronto, plans to recruit 200 people
Globant is looking to hire people with backgrounds in AI, gaming, blockchain.
TrackTik acquired by US security workforce management firm Trackforce
The two companies consolidated to better track security operations.
Wattpad launches creator monetization program with $2.6 million in writer stipends
Program will first roll out to English-speaking writers around the world.
IBM Canada to launch innovation centre in Calgary, hire 250 staff
The Calgary innovation centre could reach up to 430 hires.
US companies Avanade, Nautical Commerce, Twilio, Dealpath plot Canadian expansions
All four plan to conduct a hiring spree amid a growing number of global tech layoffs.
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.
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.”