GridBank raises $6-million seed round to monetize the videos in your camera roll
Users can upload videos while brands pay to use the organic content.
SaaS
Why many of Canada’s tech centaurs are in no rush to go public
Leaders from Clio, GeoComply, Wealthsimple, and others talk IPOs and the “SaaSpocalypse.”
ContactMonkey founder steps down after 16 years, former Intuit leader to be next CEO
Jeff Cates had former leadership roles at Intuit Canada, Apple, and HP.
Hopper’s tech will power RBC’s travel reward program
Montréal company lands deal shortly after shakeup in Capital One partnership.
Canadian VCs are starting to fear an AI-driven “SaaSpocalypse”
At CIX Summit’s Investor Forum, VCs grappled with AI’s impact on an already tough market.
Opendoor hiring in Canada as it looks to make Toronto a “major hub”
Up to 100 people could join Toronto team, but company has no immediate plans to enter Canadian market.
OpenText lays off four percent of its global workforce
Cuts come as former IBM Americas president Ayman Antoun prepares to take over as CEO.
1Password launches new platform to rein in companies’ AI agents
Unified Access Platform helps businesses deploy autonomous AI without losing control of credentials.
YScope closes $3.9 million USD to track computer activity amid the rise of agentic AI
Two Small Fish backs U of T spinout’s logging infrastructure technology.
Tailscale makes first acquisition with Border0 purchase
Corporate VPN startup will expand Vancouver footprint as it absorbs entire Border0 team.
Citing market conditions, Loopio cuts 12 percent of staff
Company says move is focused on sustainable growth.
Wyvern launches international partnerships in Agtech, oil and gas
Edmonton company signs deals with US-based Orbital Advisors and Saudi government-backed Neo Space Group.
Janet Bannister’s Staircase Ventures closes $50-million second fund
BDC Capital, University of Alberta, InBC join early-stage Toronto VC firm’s LP base.
UniUni raises $85 million USD as it scales gig-powered delivery across North America
Beijing-based PE firm leads $30-million equity round, with RBC providing $55-million credit facility.
Spellbook looks to scoop up legal AI competitors with $40-million USD in debt financing
Legaltech startup on track to hit $100-million USD ARR off faster-than-expected growth.