jSonar has closed a $50 million investment from Goldman Sachs for the company’s first institutional round of funding. Headquartered in Boston and Vancouver, jSonar helps companies address database security and compliance needs, dramatically simplifying the process of establishing database protection while reducing cost. jSonar’s platform closes the gaps inherent in legacy Database Activity Monitoring (DAM) […]
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Diabetes Management App Predicts Blood Sugar Values 60-Minutes into the Future
Vancouver’s Bio Conscious Technologies has completed an in-house study demonstrating that its Diabits app is capable of predicting blood glucose levels 60 minutes into the future. This is a huge improvement on industry-leading continuous glucose monitoring (CGM) companies that offer only 20-minute predictions. Diabits is an artificial intelligence-powered diabetes management app for people with type […]
Victoria Fintech Startup DivDot Raises Oversubscribed Pre-Seed Round
Victoria fintech startup DivDot has raised $500,000 in an oversubscribed pre-seed funding round co-led by Sprout Fund, WUTIF Capital, E-Fund, Hello Ventures and local angels. DivDot is a payment processing provider that enables businesses to securely send and receive no-limit payments for a flat fee. With DivDot, companies can collect payment from customers, pay suppliers, […]
SFU Entrepreneurs Crowned With Coast Capital Savings Venture Prizes
The Coast Capital Savings Venture Prize celebrates innovative ideas and entrepreneurial pursuits from the Simon Fraser University community. Open to early-stage business ventures founded by SFU students from undergraduate, graduate and professional programs, as well as by staff, faculty, and recent alumni, competitors are judged by a panel of industry experts on the quality of […]
Vancouver Startup To Revolutionize Electrical Plug With Magnetic Design
Vancouver’s VoltSafe wants to redefine the way the world connects to electricity with the very first prong-less magnetic electrical plug. The startup’s prong-less plug is so innovative, there have been no certification standards that have existed for it, until now. VoltSafe’s patented technology creates a safer, simpler, and smarter alternative to the traditional pronged plug. […]
Supercluster Funds More COVID-19 Recovery Projects In B.C.
The Digital Technology Supercluster continues to collaborate with companies from across Canada to develop, deploy and scale innovative technologies to support Canadians safely return to work. In April, the Vancouver-based Supercluster announced that they would commit $60 million to the biggest health and safety problems created by the COVID-19 crisis. The Supercluster has announced eight […]
New Ventures BC Narrows Field for 20th Annual Competition
The 20th annual New Ventures BC Competition presented by Innovate BC is well underway. Despite the current uncertain circumstances, this year’s annual competition broke records with over 240 applications from B.C.’s early stage tech startups. 214 of those startups moved onto Round 2 and today they announced the names of 16 companies that are advancing […]
Chinook Therapeutics Merges With Nasdaq-Traded Aduro Biotech
Vancouver’s Chinook Therapeutics announced today that they are merging with Nasdaq-traded Aduro Biotech. Chinook is a privately held clinical-stage biotechnology company focused on the discovery, development and commercialization of precision medicines for kidney diseases. Last year Chinook raised a $65 million Series A round led by founding investor Versant Ventures. Under the merger agreement, Seattle-based […]
Five B.C. Companies That Have Adapted & Thrived During COVID-19
COVID-19 is forcing companies to adapt quickly to change and redesign their products or services or even create new ones to respond to our new reality. Fortunately this has brought the best out of Vancouver’s tech community. Companies have no choice but to adapt as quickly as they can during the Coronavirus pandemic. While some […]
Rogers To Hire 350 In Kelowna For New Customer Solution Centre
Rogers Communications announced today it has started hiring for its new B.C. customer solution centre in Kelowna, bringing 350 new jobs into the local economy by 2021. With the company’s priorities continuing to be the safety and well-being of all team members, all positions will be work from home until the new centre in Kelowna […]