New Ventures BC has announced the companies that are moving on to Round 3 of this year’s startup competition. The New Ventures BC Competition started in 2000 under the direction of Wal van Lierop, to encourage innovation in BC’s tech sector. Since then, the organization has supported 2,360 startups, who have created 3,720+ jobs and have raised […]
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Traction Guest Raises $17 Million Series A led by Bessemer Venture Partners
Vancouver’s Traction Guest announced today the completion of a $17 million Series A financing round, led by Bessemer Venture Partners with participation from existing investor Salesforce Ventures. The funding will further accelerate the company’s expansion that follows year-over-year rapid revenue and employee growth of over 200%. Traction Guest is a cloud-based visitor management solution that […]
Copperleaf Lands USD $10 Million Investment from National Grid Partners
Vancouver’s Copperleaf has announced the completion of a USD $10 million strategic investment from National Grid Partners (NGP), the innovation and investment arm of National Grid, one of the world’s largest investor-owned energy companies. Copperleaf will use the capital to fund innovation and growth into new markets and geographies worldwide. One of NGP’s mandates is […]
BroadbandTV Surpasses 575 Million Unique Viewers Per Month
Today, Vancouver-headquartered BroadbandTV (BBTV) unveiled that its video content is viewed by more than 575 million unique viewers each month. According their news release, only Google’s YouTube exceeds BBTV monthly unique viewership. In addition to being second in unique viewership only to Google, BBTV is number one across all media companies in terms of total […]
Salesforce’s Tableau Acquisition Bodes Well for Vancouver
With its $15.3 billion acquisition of Tableau Software this morning, Salesforce isn’t just making a bet on the business intelligence and data visualization market, it’s betting on Seattle. And that should benefit Vancouver as part of the Cascadia Corridor. “Seattle will become our second headquarters of Salesforce,” said Marc Benioff, the company’s co-founder and co-CEO, […]
PayByPhone Launches Maps Functionality in Seattle
Vancouver’s PayByPhone has announced the launch of PayByPhone Maps in Seattle and surrounding areas including Bellingham. Seattle is the first major North American city using the Maps feature, with more locations rolling out the feature in the coming months. With PayByPhone Maps, Seattle area motorists turn on their location services and can see available parking […]
WELL Health to Acquire Canada’s Electronic Medical Records Leader
Vancouver’s WELL Health Technologies has acquired Toronto’s KAI Innovations for $10.75 million. The acquisition supports WELL’s blueprint of consolidating and modernizing clinical and digital assets within the healthcare sector. “This is a major event for us and the industry and to our knowledge positions WELL as the third largest EMR services vendor in the Canada. […]
AI-Powered Damon Motorcycles Secures $2.5 Million Seed Round
Damon Motorcycles has announced the completion of a $2.5 million seed financing round including Round 13 Capital and investment firms Techstars, Extreme Venture Partners and Pallasite Ventures. Built in Vancouver and founded by serial entrepreneurs Jay Giraud and Dominique Kwong, Damon Motorcycles is a two-wheel technology company that employs radical innovations in sensor fusion, robotics […]
Borealis AI Opens Vancouver Research Centre
Borealis AI officially opened its Vancouver research centre today with RBC President and CEO Dave McKay formally inaugurating the space. Borealis AI supports RBC’s innovation strategy through fundamental scientific study and exploration in machine learning theory and applications. The team aims to develop state-of-the-art and supports academic collaborations with world-class research centres in artificial intelligence. The […]
Tile Announces Canadian Expansion with Vancouver Engineering Hub
Tile announced today that it expanding into Canada with the launch of a new office in Vancouver. With continued market expansions in both Europe and Asia, this will be Tile’s first major office opening outside of its HQ in San Mateo, California. According to their press release today, Vancouver is a strategic growth location for […]