Vendasta closes $20-million Series E to fund acquisitions, converts existing debt into equity |
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S|W: The SaaS Weekly – Atlassian to buy video messaging provider Loom for nearly $1 billion

Plus: Vendasta closes $20M in new funding following layoffs. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around…

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Bell to acquire Montréal cloud services provider FX Innovation

Bell posted an 88 percent decline in free cash flow since the first quarter of 2022. Canadian telecommunications company Bell has entered a deal…

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Oxio
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Cogeco acquires independent internet provider Oxio’s telecom business

The purchase marks latest blow to Canadian telecom competition. Canada is losing another independent internet service provider as Montréal-based Oxio has sold its telecommunications…

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Sollum
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Smart horticultural lighting provider Sollum closes $30 million CAD to expand library of ‘light recipes’

Sollum previously received federal, provincial grants to support the production of greenhouse tomatoes, strawberries. Montréal-based Sollum Technologies, which provides smart lighting solutions to greenhouse…

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freight shipping dock
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Descartes Systems Group acquires shipment management SaaS provider Supply Vision for $16 million CAD

With the purchase, Descartes wants to increase its shipment management capabilities. Waterloo-based SaaS company Descartes Systems Group has completed its acquisition of Supply Vision…

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OnCall Health
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OnCall Health acquired by US-based SaaS provider Qualifacts

Prior to its acquisition, OnCall has raised around $10.5 million CAD. Toronto healthtech startup OnCall Health has been acquired by Qualifacts, a United States…

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CareerBeacon acquires employer branding platform provider Ruutly

Ruutly founder and CEO will become CareerBeacon’s head of product. Moncton-based startup CareerBeacon has acquired Toronto company Ruutly, which provides an employer branding platform….

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Roblox
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Roblox acquires gamified employee engagement platform provider TriplePlay

TriplePlay was co-founded by two engineers from Facebook, Wealthsimple. Toronto startup TriplePlay (formerly Lobby) has been acquired by international gaming giant Roblox for an…

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ESG reporting (Metrio)
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Nasdaq to acquire Montréal ESG software provider Metrio

Nasdaq’s last Canadian acquisition was Verafin for $2.75 billion USD. Nasdaq Inc., has entered an agreement to acquire Montréal-based startup Metrio for an undisclosed…

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