Kik Interactive announced this morning it has acquired Relay, a leading GIF messenger, and raised a $38.3 million Series C round of funding.
The funding round was led by Valiant Capital Partners with participation from new investors Millennium Technology Value Partners and SV Angel, and existing investors Foundation Capital, RRE Ventures, Spark Capital and Union Square Ventures.read more
New data shows just how critical government funding is for Canadian businesses seeking capital for research and development and expansion.read more
Emerging technology companies in Canada received a piece of good news today when Kensington Capital Partners announced the launch of the Kensington Venture Fund with an initial closing of investor commitments totaling $160 million.read more
Blockstream has raised $21 million.
The large seed round was led by by LinkedIn cofounder and Airbnb board member Reid Hoffman, Khosla Ventures, and Canada's own Real Ventures. Upward of 40 investors in total participated in the round, including Danny Hillis, Eric Schmidt’s Innovation Endeavors, and Ribbit Capital.read more
The Quebec government is taking on the role of a venture capital firm with a new investment in a Montreal video game studio.read more
An unexpected announcement spurred a boost in BlackBerry's stock, sending shares up 7% yesterday afternoon to a 17-month high.read more
Eventbase Technology today announced that it has raised $2 million in Series A funding from the team at South By Southwest (SXSW) conferences and festivals.
This is the first round of funding for Eventbase and the first investment from the newly formed SXSW Tech LLC.read more
Fredericton's Resson Aerospace, a bioinformatics and data analytics company, announced today that it raised $3 million in venture capital funding led by Rho Canada Ventures and Build Ventures.
Other investors include BDC Capital, New Brunswick Innovation Foundation and private investors.read more
Kobo co-founder Michael Serbinis is back. Today he announced the launch and funding of his new digital health and wellness platform, LEAGUE.
Set to launch in early 2015, LEAGUE will focus on preventative health and empower consumers to live healthier every day.read more
BlackBerry continues to hone its focus as the company approaches profitability.read more