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
The Ontario Teachers' Pension Plan purchased nearly eight million shares of BlackBerry during the company's last fiscal quarter.read more
DogVacay has raised a $25 million round and it was led by a Canadian investor.
Omers Ventures led the round, which brings the total amount raised by California-based "Airbnb for dogs" to nearly $50 million.read more
Toronto's digital self-service technology provider IntelliResponse has been acquired by 7 for an undisclosed all cash sum.
IntelliResponse is the industry leader in virtual agent and self-service technology and has 160 customers and over 450 global deployments in financial services, telecommunications and utilities.read more
New Jersey's Orbcomm, a global provider of machine-to-machine solutions, is acquiring Ottawa's SkyWave Mobile Communications, an M2M service provider.
The initially reported acquisition price was $130 million, but John Eckert, former managing partner at Canadian venture capital firm McLean Watson Capital, told peHUB Canada that gross proceeds to investors will total $182 million.read more
App building platform AppMakr has bought its Canadian competitor Appifier.
AppMakr, which itself was acquired by Infinite Monkeys in 2013, says the acquisition of the Montreal-born startup now makes it "the mobile voice of a million small businesses and community groups in 100 countries and 15 different languages."read more
Uber has started a petition to launch in Vancouver.read more
We wanted to uncover common elements in the fundraising strategies of “successful” Canadian high-tech startups that may have contributed to their success. For example, were all these companies part of an elite network? Were they formerly connected to influential industry leaders?read more