Wrapbook claims $1 billion valuation with $100 million USD Series B raise
Toronto and New York-based startup Wrapbook has raised $100 million USD in an all-equity Series B funding round led by Tiger…
SaaS
Knak nabs $31 million CAD to market its drag-and-drop, no code platform
Formerly bootstrapped Knak has closed its first ever round of financing, a $31 million CAD ($25 million USD) Series A round…
Enso Connect secures $2 million CAD to tackle short-term rental market
Toronto-based proptech startup Enso Connect has raised just under $2 million CAD in seed financing to expand the reach of its…
Nuvei, Magnet Forensics, Thinkific see increased revenues in third quarter of 2021
As the public markets continue to attract Canadian tech companies, even amid lower than hoped valuations and results, a number…
Patrick Pichette joins Neo4j’s board as Inovia leads startup’s $66 million USD Series F extension
Inovia Capital partner Patrick Pichette is joining Neo4j’s board of directors after Inovia led a $66 million USD extension…
S|W: The SaaS Weekly – D2L downsizes TSX debut, Sharethrough postpones
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
OpenText to acquire Zix in $860 million deal meant to bolster Microsoft relationship
Kitchener-Waterloo software company OpenText has reached an agreement to acquire Texas-based Zix in a deal worth $860 million…
Gradient MSP raises $12.7 million CAD to launch automated billing solution
Calgary-based Gradient MSP has raised $12.7 million CAD ($10.25 million USD) in its all-equity Series A funding round led by…
Mimik Technology raises $17.9 million CAD to make any computing device act like a cloud server
Mimik Technology has raised $17.9 million CAD ($14.4 million USD) in its all-equity Series A funding round led by Pier 88 Investment…
Clio doubles C-Suite with four new execs to support product, international expansion
Burnaby-based legaltech startup Clio has expanded its executive team, bringing on former leaders from high-growth and public…
Ikea’s investment arm buys into Bolt Logistics as part of Series B round
Bolt Logistics (formerly Second Closet) has had a lightning-fast year, finding its niche in fulfillment and last-mile logistics,…
Sharethrough postpones TSX debut amid Canadian tech IPO market struggles
Montréal-based Sharethrough has postponed its initial public offering (IPO) on the Toronto Stock Exchange. The ad exchange…
Despite reduced offering, D2L founder says public markets present “tremendous opportunity” for tech firms
Fresh off of a recent IPO, John Baker, the founder, president and CEO of D2L, reflected on his firm’s move from a private…
Coveo latest Canadian tech company to file for TSX IPO
Québec City-based artificial intelligence (AI) retail tech startup Coveo has filed to go public on the Toronto Stock Exchange…
Trufan rewards consumers for web data, lands $2 million CAD
Surf’s up! Trufan’s new web browser extension dubbed Surf has gained the audience analytics startup another $2 million…