Vancouver’s Traction on Demand has secured external funding from major investment firms Guidepost Growth Equity and Salesforce Ventures. Financial terms of the investment were not disclosed. Self-funded since inception in 2007, Traction has become one of North America’s largest dedicated Salesforce services providers and has grown to over 700 employees. ToD has also expanded its […]
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Dapper Labs Raises $11 Million and Announces Flow Blockchain
Vancouver’s Dapper Labs today announced $11 million in funding and the development of Flow, a new blockchain built to enable decentralized applications at scale. Dapper Labs is the creator of uber-successful CryptoKitties and upcoming projects such as NBA Top Shot. CryptoKitties is a blockchain game on Ethereum developed by venture studio Axiom Zen that allows players to purchase, […]
Grammarly Latest San Francisco Company to Open Office in Vancouver
Grammarly announced today the opening of a new office in Vancouver. Grammarly’s digital writing assistant uses artificial intelligence and natural language processing to offer grammar checking, spell checking, and plagiarism detection services along with suggestions about writing clarity, concision, vocabulary, delivery style, and tone. 10 year-old Grammarly is headquartered in San Francisco and has offices […]
PayByPhone Sends Over 2 Million Text Messages Per Month
If you’ve parked a car in Vancouver, you’ve heard of PayByPhone. 50% of Metro Vancouver households are taking advantage of the PayByPhone app’s smart features including the ability to pay for parking remotely, receive parking reminders and extend a parking session at any time. Finding a good parking spot is difficult enough without worrying about […]
Forbes Names Traction Guest a Rising Star in the Cloud 100 List
Vancouver’s Traction Guest has been named one of 20 Rising Stars as part of the Forbes 2019 Cloud 100 list of the 100 top private cloud companies in the world. Habitually dominated by Silicon Valley companies, this year’s Rising Stars list includes two Canadian companies, Traction Guest and Mississauga’s PointClickCare. Traction Guest is a cloud-based visitor […]
Central 1 Launches International Transfers for Cross-Border Transactions
In 2016, Statistics Canada estimated that 1.6 million households sent at least $500 internationally to relatives and friends. To date, the options to do so have been limited, expensive – due to poor exchange rates and high fees – and time-consuming. Thanks to Central 1, it’s getting a bit easier to send money to loved […]
Baseball Legend Invests in Vancouver Startup
Vancouver’s Fitplan, a personal training app that connects its members to world-class trainers for their workout plans and, is teaming up with a group of prominent investors: baseball great Alex Rodriguez, VC fund Corazon Capital, and fitness mogul Mark Mastrov. The USD $4.5 million funding round was co-led by Corazon Capital, a VC fund that […]
London Drugs Successfully Tests Drone Delivery of Emergency Medications
Maybe drone deliveries aren’t that far off? Last month Canada Post, in partnership with London Drugs and InDro Robotics, successfully completed Canada’s first-ever Beyond Visual Line-of-Sight (BVLOS) flight carrying pharmaceuticals via drone from a London Drugs pharmacy to Salt Spring Island. Canada Post was selected along with InDro Robotics to participate in Transport Canada’s BVLOS […]
Terramera Raises $45 million To Reduce the Use of Chemicals in Agriculture
Terramera announced today it has raised US$45 million in equity funding to advance its Actigate™ Targeted Performance technology. Terramera is a cleantech leader focused on fusing AI, science and nature to create revolutionary technologies that transform how we grow food and solve other world-scale challenges. The Series B round was led by new investor Ospraie […]
Clio Raises $333 Million in Largest Growth-Stage Transaction in Canadian History
Burnaby’s Clio announced today that they have raised USD $250 million in the largest growth-stage transaction in Canada’s history. The Series D round, led by US growth-equity firms TCV and JMI Equity illustrates their confidence that Clio will lead the legal tech market and that the legal tech industry is the next industry to watch. […]