Velofix has closed a financing round with MKB Partners Fund LP, a growth equity fund focused on the clean energy, transportation, and smart city sectors. MKB’s investment will help North America’s leading Mobile Bike Shop operator expand their geographic footprint, enhance its technological backbone, scale its marketing efforts and generally support velofix’s growth. Cycling industry […]
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PDFTron Secures $95 Million Round Led By Silversmith
Vancouver’s PDFTron Systems has secured a $95 million investment led by Silversmith Capital Partners, a Boston-based growth equity firm. PDFTron’s software development kit (SDK) is used by hundreds of enterprise customers around the world to enable digital transformation initiatives by providing a comprehensive document processing, conversion, and collaboration platform. This investment comes as the company […]
Vancouver-born Fintech Startup Koho Raises $42 Million
Now Toronto-headquartered KOHO announced today that it has closed a $42 million fundraising round led by Portag3 Ventures, including Greyhound Capital and other strategic investors. KOHO will use this investment to further accelerate its growth and build new products and services. The announcement comes as the Vancouver-born fintech startup continues to see rapid growth. In […]
ACL Rebrands to Galvanize
Founders Harald and Hart Will launched ACL back in 1987 – a time when floppy disks were the height of technology, gas was only 89 cents per gallon, and President Reagan famously demanded “Mr. Gorbachev, tear down this wall.” Over the years ACL has evolved from “the analytics company” into an analyst-recognized risk management, compliance, […]
Finalists Announced for 2019 Technology Impact Awards
BCTECH’s Technology Impact Awards celebrate the change makers, the up-and-comers, the innovators, and the bold—those who are transforming our industry and building the fabric of BC’s vibrant tech ecosystem. The TIAs celebrate outstanding companies and individuals who have made a significant impact on the BC tech industry. This year, they will be recognizing the achievements of […]
Lazaridis Institute to Visit Vancouver in Search for Canada’s Highest-potential Tech Companies
The Lazaridis Institute for the Management of Technology Enterprises at Wilfrid Laurier University is searching for Canada’s most promising tech companies to join the fifth cohort of its ScaleUp Program.
Opportunies Abound for Hootsuite Alumni in Vancouver
This week’s lay off news from Hootsuite headquarters in Mount Pleasant has been anything but pleasant. A reported 10% reduction in staff amounts to 100+ lost positions at the high tech hero and some have described the scene as internal chaos. Messages sent in a private online group for employees obtained by The Logic describe panicked […]
Cybersecurity Startup Kobalt Raises $1 Million Round
Cybersecurity startup Kobalt has raised a CAD $1 million round led by its co-founders, Pankaj Agarwal and Michael Argast, and including Version One Ventures. Version One’s Boris Wertz is both a co-founder and an investor in Kobalt. The Vancouver-based company aims to bring the monitoring capabilities of enterprise-class security teams to smaller organizations. The company […]
Hootsuite Lays Off Over 100 Employees
CTV News is reporting that Vancouver-born Hootsuite has laid off more than 100 employees. In a statement, the company would not specify exactly how many people were let go but did say “Today Hootsuite communicated organizational changes in order to drive greater alignment with our growing company’s strategic priorities that best serve our customers.” Long-rumoured […]
LightIntegra Raises $6.9 Million for Blood Analyzer Tech
Vancouver’s LightIntegra Technology has raised a $6.9 million Series A round led by Genome BC and Boardwalk Ventures and including Tower Beach Capital, Coleco Investments, and Quimby Investments. The company intends to use funding to bring its test to the US market. LightIntegra has advanced ThromboLUX, a non-invasive, five-minute, easy-to-use optical test that assesses platelet […]