Scribble Data closes $2.2 million to help data science teams train machine learning models
Scribble Data aims to dip into Toronto’s machine learning talent pool.
SaaS
Virtual Gurus closes $8.4 million amid US-driven demand for diversity-focused virtual assistants
CEO Bobbie Racette one of the first Indigenous women in #CDNtech to close a Series A round.
S|W: The SaaS Weekly – M&A over IPO
Plus: One year in, Backbone Angels is closing gaps for underrepresented founders.
HubSpot opens first Canadian office in Toronto
HubSpot aims to add over 50 employees in Ontario.
StoreToDoor secures $1.25 million to take same-day delivery service to new markets
After spending years running his own restaurants, Scott Love wants to help other retailers deliver goods.
Market watch: Nuvei, VerticalScope, Magnet Forensics
Nuvei posts strong Q4, 2021 earnings as VerticalScope, Magnet see mixed results.
Online threat detection firm Echosec Systems closes $10 million credit facility from Espresso Capital
Echosec helps security teams detect web-based data for threat intelligence.
Somm acquires last-minute restaurant reservation app Dinr to move beyond wine recommendation
Somm describes Dinr deal as “part of a bigger vision” for the wine-focused startup.
Clio and Trulioo say not now to IPOs as CEOs discuss unicorn M&A strategies
Clio CEO says IPO window is closed, and “probably gone” for 2022.
Led by Serena Williams’ venture fund, Calico closes $2.6 million CAD to help D2C fashion brands manage their supply chain
Calico’s founder is building the tool she wishes she had for her own D2C brands.
Key raises $11 million to pilot home co-ownership platform in new Canadian, US markets
Key claims a waitlist of nearly 5,000 people for its service.
iRestify closes $6 million to bring building maintenance solution to the US
This is iRestify’s third seed round in four years, following a series of pivots.
S|W: The SaaS Weekly – Margaret Atwood dances to Disco
Plus: Amazon’s Twitch suffers exodus of executives amid strategy fight.
Family that formerly co-owned Toronto Star behind new social venture, Hvr Technologies
Hvr wants to create revenue sharing for bloggers, publishers.
OpsLevel raises $15 million Series A funding for developer portal
Executives from eBay, PagerDuty, and Sentry invested in the round.