Rockport Networks raises $61.9 million CAD, appoints Marc Sultzbaugh as co-CEO
Rockport’s tech is being used by a supercomputer at the University of Texas.
SaaS
Alongside acquires CareerBeacon from Brunswick News
Brunswick News is owned by the notoriously secretive Irving family.
WFHomie raises $1.9 million CAD to help companies better engage, retain employees
Meet the first investment from Ryan Holmes and Manny Padda’s new fund, LOI Venture.
Snappy receives $2 million to scale restaurant management tech
Snappy powers over 1,500 restaurants in eight countries and over 30 cities.
Halifax-based LeadSift third company acquired by IDG Communications in last 18 months
IDG has been on a spree.
TealBook looks to become global leader in supply chain data with $50 million in new funding
TealBook has product-market fit and its foot on the gas.
S|W: The SaaS Weekly – Whitecap caps off 2021 with new fund
Plus: the startup that successfully pivoted (twice).
Secoda secures $2.75 million for “Google-like” data search tool
You can’t use data you can’t see.
Kudos secures $10 million from Canadian Business Growth Fund to boost employee engagement
Employee engagement platform provider Kudos has secured a $10 million minority equity investment from the Canadian Business…
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…
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…