Collage raises $5 million from Diagram to sate insurance industry’s appetite for digital solutions
“Our thesis is that all small businesses should have benefits.” It’s a simple thesis, but one that’s driven…
BC govt dedicating additional $87 million towards BC Tech Strategy
The British Columbia government has unveiled its budget for 2017, revealing a number of initiatives affecting the province’s…
Dovetale wants to use AI to help brand managers find their ideal influencer
Today, Dovetale launched a recommendations engine that allows brands to find influencers based on image recognition and machine…
Transferwise calls its Facebook bot enabling international money transfers a first in Canada
UK-based Transferwise, which moved into the Canadian in mid-2016, says it is the first service provider allowing peer-to-peer…
Element AI acquires MLDB.ai open source machine learning database
Element AI has acquired the entire team at MLDB.ai, an open source machine learning database. The acquisition includes all…
Mayor John Tory joins Best of #TechTO celebration for fireside chat
Since TechTO hosted its first meetup in November 2014, the event has exploded into one of the city’s must-attend tech…
Kepler Communications planning first nanosatellite launch for November 2017
Toronto-based Kepler Communications is set to launch its first nanosatellite in November 2017. The mission will act as a technology…
Shopify announces $509 million total revenue in 2016, expects up to $785 million in 2017
Shopify has released its financial results for the quarter and full year ending on December 31, 2016. The results were released…
PayPal acquires TIO Networks for $304 million
PayPal will acquire Vancouver-based TIO Networks, a bill payment processing and receivables management company, in a $304 million…
Top Hat raises $29.5 million series C to tackle the textbook industry
Top Hat has raised a CAD $29.5 million Series C. The round was led by Union Square Ventures, who was joined Top Hat’s existing…
eSight launches new smart glasses promising 20/20 vision for the legally blind
Toronto-based eSight, which develops wearables allowing the legally blind to see, has launched a new pair of smart glasses.…
Report: Canadian companies take ten years to raise what US companies raise in four
Many founders have been vocal about the lack of growth stage funding in Canada, as well as the challenges of scaling. The Impact…
Today in company updates: Urbery, Lightspeed, RANK Software
This week, several Canadian startups have made announcements, launching new features, partnerships, and more. Here’s the…
Wave launches small business lending with OnDeck partnership
Toronto-based Wave, which provides entrepreneurs with accounting, payroll, and invoice software to run their small businesses,…
CEO Tobi Lütke responds to petition asking Shopify to stop powering Breitbart store
As the results of the recent US election continues to make waves, tech companies both south and north of the border have found…