Tag: additional
Tiptap and Omnirobotic pursue restructuring after startups fail to raise additional funding
As VC financing has dried up, a growing number of Canadian tech firms are running out of cash. Burlington, Ont.-based Tiptap and Laval, Qué.’s…
Meta’s additional staff cuts further call into question Facebook parent’s Canadian hiring plans
Meta plans to shed 10,000 employees, scale back hiring in second major round of layoffs since November. Meta Platforms has decided to lay off…
Ada latest Canadian unicorn to make additional staff cuts
The layoffs come four months after Ada reduced its staff by 16 percent. Canadian AI unicorn Ada has undergone a second round of layoffs…
Commerce startup Elastic Path secures additional $30 million from existing investors
The Vancouver company claims leadership in the composable commerce movement. After raising $60 million in February, Vancouver’s Elastic Path announced it has secured another…
Hootsuite makes additional staff cuts following August layoffs
August cuts impacted one-third of company; latest round hit approximately 5 percent. Vancouver-based social media management company Hootsuite has laid off five percent of…
PLATO secures additional $2 million from Raven Indigenous Capital Partners
PLATO wants to build a network of 1,000 Indigenous software testers across Canada. Fredericton-based startup PLATO Testing has secured a $2 million investment from…
Thentia secures additional $10 million from BDC Capital, opens HQ in Oklahoma
Thentia finds a sweet home in Oklahoma. Toronto-based govtech startup Thentia Cloud has closed $10 million in what the company describes as a Series…