TrackTik acquired by US security workforce management firm Trackforce
The two companies consolidated to better track security operations.
SaaS
Wattpad launches creator monetization program with $2.6 million in writer stipends
Program will first roll out to English-speaking writers around the world.
IBM Canada to launch innovation centre in Calgary, hire 250 staff
The Calgary innovation centre could reach up to 430 hires.
US companies Avanade, Nautical Commerce, Twilio, Dealpath plot Canadian expansions
All four plan to conduct a hiring spree amid a growing number of global tech layoffs.
Isaac Souweine leaves Real Ventures, joins Pender Ventures to support Vancouver firm’s expansion across Canada
After backing nine startups through first fund, Pender Ventures hopes to raise $100 million CAD for Fund II.
Cadence closes $1.2 million to ease the administrative burden for grieving families
Backed by Conexus, Lex Capital, The51, Cadence aims to expand across North America.
Maxa raises $2.9 million CAD to help businesses automate resource planning
Investor says ERP space is “ripe for change.”
S|W: The SaaS Weekly – 1Password’s CEO isn’t worried about Apple
Plus: ApplyBoard CEO says market downturn isn’t slowing down international expansion or IPO plans.
Hyatt brothers’ BlueCat to be acquired by another US private equity firm
Audax purchasing Toronto-based BlueCat from Madison Dearborn.
Beehivr secures $1 million from Investissement Québec to launch digital sales room solution
Beehivr aims to help more businesses maintain lasting relationships with clients.
ApplyBoard CEO says market downturn isn’t slowing down international expansion or IPO plans
CEO says ApplyBoard’s large cash reserves, “counter-cyclical” education market give startup room to grow.
Parallelz raises $3 million to challenge how app stores deliver, distribute apps
“Soon, sharing a mobile app will be as easy as sharing a meme.”
Twitter selects Canada as test market for new longform writing feature
When 280 characters isn’t enough, Twitter offers 2,500 words
Ataccama secures $150 million from Bain Capital’s Tech Opportunities Fund
The Toronto data management startup cuts ties with bootstrapping.
Axonify acquires employee communication startup Nudge
Axonify, Nudge plan to disrupt the marketplace for frontline employees.