OpenText to buy data security firm Carbonite for $1.88 billion CAD
Waterloo-based software company OpenText has announced plans to acquire American data backup and protection firm Carbonite in a $1.88 billion CAD ($1.42 billion USD)…
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Ford Motor unveils new Waterloo innovation centre
Ford Motor Company officially unveiled its Waterloo innovation centre on Wednesday, since the facility began quietly operating in March 2017. The newly-renovated facility, which…
AVIN Waterloo Ventures Fund announces first cohort of startups
AVIN Waterloo Ventures Fund, which invests in startups that are working on autonomous vehicle technology and connected transportation solutions, has announced the first cohort…
Plum raises $4.2 million USD, shifts focus beyond recruitment
Plum, the Waterloo-based startup that uses AI to help organizations hire and retain talent, has raised a $4.2 million ($5.57 million CAD) seed round….
North launches app allowing customers to make Focals measurements
Waterloo-based North has launched a new app to help customers get easier access to Focals. The app allows US and Canada-based customers to get…
Government announces slew of women entrepreneurship investments ahead of election
As election season creeps closer, the federal government has made several announcements this week for investments in women-led startups, organizations, and universities dedicated to…
ApplyBoard raises $55 million CAD Series B for international student recruitment platform
ApplyBoard, a Kitchener-Waterloo-based AI-enabled recruitment platform helping international students apply to post-secondary education in North America, recently closed a $55 million CAD Series B….
Waterloo cycling startup, STAC Performance, acquired by 4iiii Innovations
Cycling power meter and heart-rate monitor company, 4iiii Innovations, has acquired Waterloo cycling tech startup STAC Performance, adding its line of indoor monitoring technology…
Four Waterloo projects receiving $41 million for quantum, AI, machine learning
Minister of Innovation, Science and Economic Development (ISED), Navdeep Bains, today announced a $41 million CAD investment in four Waterloo organizations working on developing…
New Velocity venture fund invests $200,000 in four startups
The University of Waterloo’s entrepreneurship program, Velocity, has announced direct equity investments of $50,000 each for the four winners of the annual Velocity Fund…
Startup jobs of the week: Canvass Analytics, Skritswap, Real Estate Webmasters
Every day, Canada’s tech startups post their latest and greatest job opportunities on Jobs.BetaKit, powered by Jobbio. From early-stage to Series B and beyond,…
Waterloo wearables-tech company announces first shipment of “smart shirt”
Aexos (Advanced Exoskeletal Systems), a Kickstarter-funded wearables company based in Waterloo, has announced the first shipment of its wearables product, a “smart shirt” designed…
Quantum, accelerators, venture capital: surveying Canada’s tech landscape at DRIVE
This year’s DRIVE 2019 conference, held in Waterloo for its inaugural year, set out to answer how Canada can create domestic value in a…