In January, Kitchener-Waterloo-based workforce training platform Uvaro acquired Lighthouse Labs, a coding school, making it a subsidiary. Seven months later, both filed for bankruptcy. Canadian…
View More Bankruptcy Documents Indicate Struggling Sales Pipeline Led to Uvaro and Lighthouse Labs’ Downfall Post-Acquisition
Kitchener-Waterloo, Ont.-based BinSentry has secured $50 million USD ($68.8 million CAD) in Series C funding to support its global expansion of a remote farm feed…
View More BinSentry Raises $68.8 Million CAD Series C to Expand Remote Animal Feed Monitoring in Brazil
OpenText has replaced CEO and CTO Mark Barrenechea, initiating a search for a new CEO and considering the sale of non-core assets. In the interim,…
View More OpenText Replaces CEO Mark Barrenechea Amid Potential Sale of “Non-Core Assets”
Kitchener, Waterloo-based supply chain tech firm Descartes Systems Group has acquired California startup Finale Inventory amidst tariff-related challenges. According to a press release, Descartes may…
View More Descartes Expands US Acquisitions Amid Global Trade Turmoil
Cavelo, a cybersecurity startup based in Kitchener-Waterloo, Ontario, has secured a $5-million seed extension round led by Inovia Capital, with a focus on enhancing sales,…
View More Cavelo, a cybersecurity startup, raises $5 million in seed extension round led by Inovia Capital.
Due to a lack of distributions from initial public offerings (IPOs) and mergers and acquisitions (M&A), secondaries have become a more popular way to generate…
View More Global Secondary Market Reaches Record High Amid M&A and IPO Shortfall