Absorb Software to be acquired by US private equity firm at $630 million CAD valuation
Calgary edtech Absorb Software is set to be acquired by New York’s Welsh, Carson, Anderson & Stowe (WCAS), in a deal…
SaaS
US private equity firm to acquire controlling stake in Axonify for $313 million CAD
United States-based private equity firm Luminate Capital Partners is set to acquire a controlling stake in Axonify for $313…
S|W: The SaaS Weekly – Facebook’s loophole to harassment
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Facedrive provides new information on company operations following OSC request
Toronto-based ride-sharing company Facedrive recently provided what it called “clarifying information” on its acquisitions…
Today in acquisitions: Upchain, Nuvei, Perpetua, Carebook, WELL Health, FreshGrade, PainWorth, BonLook
Eight Canadian tech companies have recently made acquisitions or have been acquired, including Upchain, Nuvei, Perpetua, Carebook,…
Today in funding: dcbel, Milk Moovement, Virtual Gurus, MazumaGo, Acorn Biolabs
Five Canadian tech startups have recently secured fresh funding to fuel their growth, including dcbel, Milk Moovement, Virtual…
Kitchener-Waterloo’s Magnet Forensics looks to raise $90 million CAD in IPO
Kitchener-Waterloo startup Magnet Forensics, which develops digital investigation software for forensic professionals, plans…
Today in hires: TouchBistro, TextNow, Think Research, Benevity, Trulioo
Five Canadian tech companies have recently brought on new team members, including TouchBistro, TextNow, Think Research, Benevity,…
Content creation platform ContentFly raises $11.2 million CAD Series A round
Toronto-based ContentFly, which offers an on-demand content creation platform, has closed an $11.2 million CAD ($9 million…
Thinkific aims to raise $160 million CAD through TSX IPO
Vancouver’s Thinkific Labs is looking to raise $160 million CAD through its upcoming initial public offering (IPO) on the…
S|W: The SaaS Weekly – Tech craze on the TSX
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
QRA Corp secures $3.76 million to meet rising demand for its product engineer software solution
Halifax-based enterprise software developer QRA Corp has raised $3.76 million CAD ($3 million USD) in financing as the startup…
Rocket Builders’ 2021 list classifies 86 BC tech firms as “ready to rocket”
Rocket Builders’ 2021 lists of the most promising British Columbia (BC)-based tech companies identify 86 firms in the…
Eight startups selected for latest Canadian Technology Accelerator Digital in Silicon Valley
Eight tech startups have been selected to participate in the Silicon Valley-based Canadian Technology Accelerator (CTA) Digital…
Loopio secures $252 million to accelerate its growth in RFP software market
Toronto-based B2B software startup Loopio has secured a $252 million CAD ($200 million USD) strategic investment from Sumeru…