Influitive acquires PostBeyond to expand customer advocacy platform to employees
Influitive has acquired fellow Toronto-based PostBeyond, a SaaS company focused on employee advocacy and social selling. The…
SaaS
D2L records rising revenue, net losses in first quarterly report since IPO
D2L’s latest earnings report shows the Kitchener-Waterloo-based EdTech company continues to benefit from the pandemic-fuelled…
Execs, investors sell $74.4 million in Magnet Forensics shares
The selling shareholders received combined gross proceeds of $74.4 million.
Benevity acquires Swiss firm Alaya to extend global reach
Benevity is acquiring the Swiss SaaS platform Alaya for an undisclosed amount. According to Benevity management, the acquisition…
Whitecap Venture Partners closes $140 million Fund V to invest across Canada
Whitecap Venture Partners has secured $140 million CAD for its fifth fund, which will invest in early-stage B2B SaaS and medtech…
Former Shopify employees raise $8.5 million from Sequoia, Bessemer for new developer productivity startup Gadget
Ottawa-based Gadget has raised $8.5 million in a funding round led by Sequoia Capital and Bessemer Venture Partners. The financing…
Four startups from initial Entrepreneur First Toronto cohort raise collective $5.7 million CAD
As part of Entrepreneur First Toronto’s initial cohort in the city, startups TriplePlay (formerly Lobby), Vivid Machines,…
S|W: The SaaS Weekly – Ontario judge swipes left on Tinder sale lawsuit appeal
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Legible sees CSE debut as stepping stone to global growth of ebook reading platform
After publicly launching its ebook reading platform a few weeks ago, Vancouver-based startup Legible began trading on the Canadian…
Toronto right-wing video platform Rumble to go public on Nasdaq through SPAC
Video-sharing platform Rumble is set to go public on the Nasdaq through a ​​special-purpose acquisition company (SPAC)…
Just Boardrooms raises $3 million, launches marketplace for in-person meeting spaces
Toronto-based Just Boardrooms has raised $3 million CAD from a group of angel investors as the company launched its online…
Benevity reports record Giving Tuesday with over $112 million donated through its platform
Calgary-based Benevity saw a record-setting Giving Tuesday this year, as $112.6 million CAD was donated to over 43,000 causes…
Life House closes $77 million CAD round co-led by Inovia, Kayak to help hotels boost profitability
After establishing itself as a full-service operator in the hotel space, Life House has secured $77 million CAD ($60 million…
Staffbase acquires Valo Solutions to extend communications solution to Microsoft 365
Corporate communications company Staffbase has acquired Finland-based Valo Solutions for an undisclosed amount. Founded in…
mCloud raises $12.1 million CAD in Nasdaq uplisting
mCloud Technologies Corp. has raised $12.1 million CAD ($9.5 million USD) from its public offering on Nasdaq, selling 2.1 million…