Alida set to expand into Alberta with new Edmonton office, plans to hire over 100
Alida taps into Edmonton as SaaS startup bolsters international footprint.
SaaS
White Star Capital, Coveo alum-led Lighthouse Labs closes $9.1 million CAD to build a search platform for the metaverse
Montréal’s Lighthouse Labs aims to “be the Google” for virtual worlds. What the hell does that mean?
Volley founder aims to leverage Andela experience to build similar model for sales talent
Volley aims to fill top-of-funnel sales talent gap for B2B SaaS companies.
Used vehicle marketplace Clutch secures $150 million in debt from Neuberger Berman to expand its fleet
Clutch claims thousands of pre-owned vehicles are for sale on its marketplace.
Certn raises $65.1 million CAD to scale background check tech beyond Canada
With fresh funds, Certn plans to hire 160 new roles this year.
Georgian backs Vention again in $123.7 million CAD in Series C round
This is the second Georgian-led round for the industrial tech startup.
Plusgrade to acquire TSX and Nasdaq-listed loyalty commerce startup Points
Points hopes to surf the wave of the post-pandemic travel boom.
Celtic House venture partner Jonathan Graff joins LifeRaft Inc. as CEO
Graff built digital media company, Kaboose, to over 500 employees.
Wattpad co-founder Allen Lau to step down as CEO, become executive advisor
Lau called the move both a “final curtain call” and the start of “a new story.”
Tengiva closes $5 million to tackle supply chain issues in the textile industry
Investor says Tengiva is “at the right place at the right time.”
Thinkific sees revenue rise, net loss jump in Q1 2022, following recent layoffs
Thinkific attributes higher net loss to growth investments, restructuring costs.
Tilr secures $1.3 million grant from Ontario through Skills Development Fund
Tlir is one of over 200 companies financed in the second SDF round.
Supportbench secures $1.9 million CAD to become Zendesk for B2B companies
First step? Convince investors that B2B customer support could be better.
Magnet Forensics acquires assets from Comae Technologies, posts 35 percent revenue growth in Q1 2022
Magnet acquired Comae’s memory analysis tech to bolster its cyber incident investigation capabilities.
Validere acquires Clairifi to offer regulatory reporting capabilities for oil and gas firms
Validere wants to drill ESG compliance into energy companies with Clairifi acquisition.