Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds
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Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds

Both companies are staying mum on the number of employees cut. Thoughtwire and Finaeo are among the latest Canadian startups to make layoffs in…

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Converge Technology Solutions
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Converge Technology secures $500 million loan to continue acquisition spree

Converge to continue acquisition strategy in North America, Europe. Gatineau-headquartered IT and cloud solutions provider Converge Technology announced this week that it has refinanced…

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Avanade
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US companies Avanade, Nautical Commerce, Twilio, Dealpath plot Canadian expansions

All four plan to conduct a hiring spree amid a growing number of global tech layoffs. Four international companies have announced moves to expand…

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Ecobee smart thermostat (2)
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Ecobee launches new smart thermostats with built-in air quality monitoring

The new smart thermostats are Ecobee’s latest launches post- acquisition. Toronto-based home automation tech company Ecobee has launched its newest line of smart thermostats:…

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Worximity secures $14 million for smart factory analytics tech
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Worximity secures $14 million for smart factory analytics tech

Montréal-based startup Worximity has raised $14 million CAD to further advance its smart factory technology that utilizes machine learning, artificial intelligence, and the Internet…

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Alberta IoT secures $1.5 million from PrairiesCan, Alberta Innovates for accelerator programs
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Alberta IoT secures $1.5 million from PrairiesCan, Alberta Innovates for accelerator programs

Alberta IoT’s funding is the latest in several government commitments to Alberta’s tech sector. Alberta IoT has received $1.5 million from Prairies Economic Development…

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IntelliCulture closes $1.7 million Emmertech-led seed round to scale farm management platform
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IntelliCulture closes $1.7 million Emmertech-led seed round to scale farm management platform

With beachhead in wineries, IntelliCulture wants cherries, apples, and tree nuts, too. Kitchener-Waterloo farm management software startup IntelliCulture has secured $1.7 million CAD in…

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VueReal facility
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Microprinting tech firm VueReal closes $14.4 million Series B round

Economic Development Canada, BDC Capital’s Cleantech Practice invested in the round. Waterloo-headquartered VueReal has secured $18.1 million CAD ($14.4 million USD) in what…

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