Miovision acquires Pittsburgh firm Rapid Flow to bolster its traffic management systems
Rapid Flow’s Pittsburgh head office will become Miovision’s fifth global location.
SaaS
CBC alumni secure $3 million to help musicians collaborate remotely with BeatConnect
BeatConnect plans to build a marketplace for creators to sell their sounds.
S|W: The SaaS Weekly – TikTok pushes for growth, Elon pushes for Twitter… again
Plus: L-SPARK selects six startups for latest B2B SaaS accelerator cohort.
L-SPARK selects six startups for latest B2B SaaS accelerator cohort
Cohort participants’ tech range from identity verification to same-day delivery management.
Halp secures $5.5 million CAD to help international students study abroad
Backed by Serena Williams’ venture fund, Halp has amassed an 18,000 family waitlist.
Sensibill acquired by Austin-based Q2 Holdings
Q2 bought Sensibill for its financial business data, and machine learning capabilities.
S|W: The SaaS Weekly – Topping LinkedIn’s top startups list
Plus: Fidelity cuts Hootsuite, ApplyBoard valuations.
Bootstrapped to date, Field Effect closes $41 million CAD Series A to expand SME-focused cybersecurity business
Led by a former Communications Security Establishment researcher, Ottawa firm plans to invest in sales and marketing.
S|W: The SaaS Weekly – Meta, Google quietly cut staff, Trulioo exits small biz
Plus: BDC commits half a billion dollars to invest in Canadian women-led startups and funds.
Infosys boosts Calgary hiring plans as it looks to double Canadian workforce to 8,000 employees
As Calgary office opens, Infosys commits to bringing 1,000 jobs to the city by 2024.
Trulioo to cut up to 10 percent of staff, exit small business market
Vancouver-based unicorn plans to focus on medium and large enterprises.
IMAX acquires video quality solutions startup Ssimwave in $28.3 million CAD deal
Disney, Paramount Global among mutual partners of Ssimwave, IMAX.
S|W: The SaaS Weekly – Adobe has $20 billion designs on Figma
Plus: Google to face $25 billion lawsuit.
Right-wing video site Rumble begins trading on Nasdaq via SPAC deal
The Toronto video-sharing platform attracts an audience of mostly right-leaning viewers.
Andgo Systems raises $5.6 million to make employee absence management easier
Andgo said it has added new major healthcare organizations as customers.