Kensington Venture Fund II hits $85 million first close, fuelled by government’s VCCI
Toronto-based investment firm Kensington Capital Partners has announced a first close of $85 million CAD for its Kensington Venture Fund II. Led by the…
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Lighthouse Labs launches coding scholarship program for underrepresented groups
Canadian coding bootcamp Lighthouse Labs has announced the launch of a scholarship program to help support individuals from underrepresented groups in technology. At launch,…
Lightspeed acquires ReUp, rebrands it to Lightspeed Loyalty
Cloud-based point of sale system Lightspeed has announced Lightspeed Loyalty, its new platform for customer engagement. The technology comes via the company’s acquisition of…
Yuri Navarro to step down as NACO CEO
Yuri Navarro is stepping down as CEO of the National Angel Capital Organization. Navarro will remain as CEO for at least an additional quarter…
Accenture acquiring financial services assets from Zafin
Accenture has entered into an agreement to acquire select professional services assets from Toronto-based Zafin. Targeted to financial institutions, Zafin’s financial services software facilitates…
Lori Casselman joins TribalScale as president and COO
Lori Casselman is joining TribalScale as president and COO. In her role, Casselman will be responsible for growing TribalScale’s revenue and international expansion. Casselman…
Today in company updates: Zonetail and Mavencare expand to the US
In Toronto, two Toronto startups have announced expansions into the US. Here’s the latest on Canada’s movers and shakers. Zonetail announces US launch of…
Evidence management platform SceneDoc acquired by Tyler Technologies
Toronto-based SceneDoc has been acquired by Tyler Technologies, a Texas-based provider of information management solutions and services for local governments. Launched in 2011, SceneDoc…
Scooter-share platform Joyride planning global expansion
Toronto-based Joyride plans to launch its scooter-share offering with operators in “over a dozen” global markets scheduled for early 2019, according to a news…
Capital One Canada’s CTO believes tech companies can be a spark for social good
As a technology publication, BetaKit attends a lot of hackathons. Some big, some small, but all sharing a few commonalities: tired eyes, lots of…
Ribitt raises $600,000 to help independent retailers offer rewards programs
Toronto-based Ribitt has raised $600,000 in seed round funding from an undisclosed group of angel investors. Ribitt’s rewards program is tailored for independent merchants….
Coinsquare acquires BlockEQ for $12 million
Toronto-based Coinsquare has acquired BlockEQ, a cryptocurrency wallet running on Stellar, for $12 million. BlockEQ allows for the tokenization of crypto assets in order…
Wattpad announces first country manager for India
Toronto-based Wattpad has appointed its first country manager for India. Devashish Sharma will lead the company’s efforts to expand all aspects of Wattpad in…