Aptum Technologies acquires CloudOps to expand its cloud solutions
Combination of two cloud-based businesses opens up multiple sectors for Aptum, CloudOps in Canada, US, and UK.
Toronto
Nokia opens new Toronto office as part of broader Ontario-wide expansion
Nokia previously announced plans to hire for 340 new jobs in the province.
GoBolt lays off five percent of staff shortly after $75 million raise, citing worsening consumer demand
With cuts, GoBolt shifts focus away from SMBs to mid-market, enterprise merchants.
Able Innovations, Cognota, BlueDot among recipients of $14 million FedDev investment
Federal contribution expected to create over 230 skilled jobs across GTA.
Coinsquare moves to terminate CoinSmart acquisition deal
CoinSmart CEO says notice took company “by surprise.”
Radical Ventures raising new $550 million USD fund as AI sector heats up
Radical managing partner believes “AI will eat all software over the next decade.”
Bird Canada takes international counterpart Bird Global under its wing in merger
A Canadian management team will be established at Bird Global.
Gradient Spaces opens applications for second incubator cohort for 2SLGBTQ2IA+ tech founders
Previous participants include Monday Girl, Rime AI, Future Capital.
Vector Institute taps seasoned executive Tony Gaffney to lead AI hub for next five years
The former CEO of Aon Hewitt Canada steps in after inaugural president steps down.
Thomson Reuters closes acquisition of US tax software company SurePrep for $500 million
Deal marks latest in series of AI-focused acquisitions made by Thomson Reuters.
Vector Health Labs acquires AI-driven mental health tech startup Get A-Head
The deal was valued at $17 million.
CEO of Briza steps down as insurtech startup cuts close to half of its staff
Briza’s leadership includes FreshBooks founder Mike McDerment and former director of engineering Rishi Sharma.
AlayaCare co-founder launches venture fund Storytime Capital with $15 million
The VC wants to invest in founders that aim to change the landscape of work.
Subsidiaries of FinTech startup Lendified face creditors over unpaid loans
Creditors move to seize Lendified assets after company defaults over some $6.6 million.
Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.