Canada’s tech workforce grew by a substantial figure during the Pandemic, data from CBRE’s 2023 Scoring Tech Talent report shows. And despite a widespread movement toward working from home, growth still orbits around major innovation hubs such as Vancouver. The annual report, which comprehensively analyzes Canada’s tech talent workforce trends, found that the nation’s workforce […]
Elastic Path
Elastic Path to Power Cymax Marketplaces with Composable Commerce
Canadian commerce firm Cymax Group announced this week that it has forged a partnership with Team True North member Elastic Path, the figurehead behind the Composable Commerce Movement, to launch a next-generation web platform. This launch marks one of Cymax Group’s largest technology investments to date, according to a statement from the eCommerce technology and […]
Ten BC Companies Named To Canada’s Best Workplaces In Tech
Great Place to Work, an organization that evaluates companies based on company culture, has released its 2023 list of Canada’s Best Workplaces in Technology. Organizations were selected based on Great Place to Work’s Trust Index Survey, which measures the employee experience at each company. Employees are asked how frequently they experience behaviours that create a great workplace, […]
Connecting the Dots: December 2022
Each month, the team at Switchboard Public Relations connects the dots between the trends, headlines and narratives informing the B.C. tech sector. For December’s Connecting The Dots, the team examines B.C.’s latest cabinet shuffle, breaks down recent funding announcements, highlights the latest partnerships across the B.C. tech ecosystem, and shines a spotlight on recipients of […]
Elastic Path Caps Strong Year of Growth with $30 Million in Funding to Lead ‘Composable Commerce’
Elastic Path has topped up its $60 million financing round in February with an additional $30 million from Sageview Capital and existing investors, the Vancouver-born company announced this week. The top-up funding comes as the Team True North member reported a 200% increase in books year-over-year. “Never has there been a more exciting time in […]
Six BC Companies on Track to Reach Billion-Dollar Revenue Milestone
Communitech this month unveiled the first ever Team True North. The Kitchener-based hub for entrepreneurship created the list to spotlight “the best of Canadian tech”—which by their measure is defined as high-performing tech firms “tracking to $1 billion in annual revenue with growth rates that match the top 1% of companies in the world.” “Why did […]
Elastic Path Secures $60 Million in Growth Funding
Vancouver’s Elastic Path has secured a $60 million growth financing round from funds and accounts managed by BlackRock with participation from existing investors, led by Sageview Capital. Elastic Path powers mission-critical digital commerce for the brands such as Intuit, Pella, Deckers Brands, T-Mobile, and over 250 other leading brands. Elastic Path pioneered the Headless Commerce space in […]
Elastic Path Acquires Fellow Commerce Technology Leader Moltin
Vancouver’s Elastic Path has acquired fellow commerce technology leader Moltin. Moltin’s employees have joined Elastic Path, including engineering, customer support, sales, marketing, and operations. Elastic Path will also maintain Moltin’s U.S. and U.K. offices in Boston and Newcastle. The acquisition comes as global demand grows for extensible, flexible, and scalable enterprise commerce solutions and bolsters […]