Today in funding: Kaloom, Bast Fibre Technologies, Arcturus, ChopValue, StoryTap, OpenUnit
Six Canadian tech companies have recently secured funding. Here’s the latest on who raised money, how much, from whom, and…
SaaS
After pivoting to podcasts, LumiQ raises $1.1 million
When Luminari launched its podcasting product in 2019, the startup considered it to be a valuable layer to its existing career…
Right-wing favoured video platform Rumble secures investment from JD Vance, Peter Thiel
Toronto-based video-sharing platform Rumble has raised new funding in a round led by JD Vance’s Narya Capital and Peter Thiel,…
Vancouver-based Dooly raises $80 million USD Series B round
Vancouver-based software startup Dooly, which offers a connected workplace solution for sales professionals, has closed an…
GTX re-brands to Vosker following 4X revenue increase for remote monitoring tech
Remote monitoring company GTX has been quietly growing in Victoriaville, Quebec, developing a number of successful subsidiary…
Mogo, Unbounce making acquisitions amid planned expansions
Two Canadian tech companies, Mogo and Unbounce, are acquiring other firms as they look to expand their offerings. Mogo, a Vancouver-based…
How Ada piggybacked Zoom and Shopify’s growth during the pandemic to become a Canadian unicorn
Powering the likes of Zoom, Facebook, and Square, customer support software startup Ada has seen a record year of growth amid…
With its platform now on the market, Odaia bets on pharma
Two years ago, when raising its $1.6 million seed round, Toronto-based SaaS and AI startup Odaia was focused on productizing…
S|W: The SaaS Weekly – Wattpad’s next chapter
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Today in acquisitions: Sourced, Eddyfi/NDT, MCI Onehealth, District M, Vanilla
Five Canadian tech companies have recently made acquisitions or have been acquired, including Sourced, Eddyfi/NDT, MCI Onehealth,…
BBTV bullish on outlook following YoY revenue growth in third earnings report since TSX IPO
During the first quarter of 2021, BBTV Holdings, the holding company behind Vancouver-based BroadbandTV, generated $107 million…
Magnet Forensics sees revenue, profit growth in first earnings report since going public
During the first quarter of 2021, Kitchener-Waterloo’s Magnet Forensics saw its annual recurring revenue (ARR) grow by 44…
UFC voice Bruce Buffer, Canadian entrepreneurs launch social e-commerce platform for athletes
A founding team that includes four Canadian entrepreneurs and UFC Octagon announcer Bruce Buffer is set to launch a new social…
Agnostiq secures $2.4 million CAD to accelerate development of quantum computing software
Toronto-based software startup Agnostiq has raised a $2.4 million CAD ($2 million USD) seed round to bolster its quantum computing…
Boast.ai hires new executives to scale, meet sizable R&D tax credit market opportunity
Boast.ai has made some recent additions to its leadership team as part of a push to bring on experienced members that can help…