Toronto briefedin
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Toronto and Waterloo Region venture funding fell short in first quarter of 2023

Toronto’s venture funding dropped 94 percent year-over-year. Venture funding in Toronto and the Waterloo Region had a particularly sluggish start to 2023, with startups…

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Fight brews over Magnet Forensics’ proposed $1.8 billion acquisition by Thoma Bravo
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S|W: The SaaS Weekly – Fight brews over Magnet Forensics acquisition deal

Plus: Jobber secures $100 million. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to…

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Koho lays off 14 percent of staff
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F|T: The FinTech Times – Layoffs continue to hit Canadian FinTech

Plus: PayPal’s CEO to retire at the end of 2023. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from…

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Jobber closes $100 million USD Series D amid strong demand for home services BetaKit
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Canadian startup news of the week (2/12/23)

Plus: Fight brews over Magnet Forensics’ proposed $1.8 billion acquisition. Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s…

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Thinkific
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Thinkific, WonderFi, VerticalScope face leadership changes following layoffs

Canadian tech companies hit with executive exodus amid sector downturn. Following mass layoffs, several Canadian tech companies have announced significant changes to their executive…

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OpenText closes $5.8 billion USD acquisition of Micro Focus, makes workforce reduction
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S|W: The SaaS Weekly – Big Tech discovers austerity

Plus: OpenText acquires Micro Focus. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to…

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VerticalScope becomes latest public tech firm to make layoffs with 22 percent staff reduction
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VerticalScope becomes latest public tech firm to make layoffs with 22 percent staff reduction

Cuts come after VerticalScope’s business deteriorated in Q4. Toronto-based VerticalScope has laid off approximately 60 employees as the company looks to “streamline its operations…

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