Today in funding: Cape Privacy, Plooto, Lumeto, ReelData, Heirlume, Axya
Six Canadian tech startups have recently secured fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
SaaS
Magnet Forensics increases TSX IPO target, aiming to raise $100 million
Kitchener-Waterloo’s Magnet Forensics is now looking to raise just over $100 million CAD through its upcoming initial public…
Following IPO, Thinkific CEO sees more opportunity to scale
Vancouver-based Thinkific Labs’ co-founder and CEO Greg Smith sees a “huge opportunity” in scaling to meet the growing…
Thinkific closes TSX IPO, raising $160 million
Vancouver’s Thinkific Labs has closed its previously announced initial public offering (IPO) on the Toronto Stock Exchange…
Legaltech startup Clio Canada’s latest unicorn following $136 million CAD Series E round
Cloud-based legal technology startup Clio is the latest company in Canada to reach unicorn status after securing a $136 million…
S|W: The SaaS Weekly – Social media’s next generation
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Couply crowned winner of Collision 2021 startup pitch competition
Toronto-based relationship app Couply has won Collision’s latest startup pitch competition. Co-founded by Denesh Raymond…
Vertu Capital secures minority stake in Dejero with $60 million investment
Waterloo-based company Dejero, which provides communications connectivity tech, announced a $60 million CAD minority recapitalization…
Thinkific pricing IPO at $13 per share to pull in $160 million
Thinkific has announced the official pricing of its initial public offering (IPO) for listing to the Toronto Stock Exchange…
Wayfair, Cloudflare join growing group of international firms opening Toronto offices
Two global companies, e-commerce firm Wayfair and software company Cloudflare, have announced plans to open new offices in…
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…
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,…