Page 69 - Saas News Today

Following full exercise of over-allotment option, Thinkific IPO reaches $184 million Vancouver-based EdTech startup Thinkific’s initial public offering (IPO) now totals $184 million, after the deal’s underwriters exercised an over-allocation option that was part of Thinkific’s offering. More recently, Thinkific launched an app store for course creators, a notable move for the company. Last week, the Vancouver-based EdTech company closed its initial public offering at $160 ...

Information Venture Partners closes third fund, raising $124 million CAD Toronto-based venture capital firm Information Venture Partners (Information VP) has closed its third venture fund, securing around $124 million CAD ($101 million USD). Information VP’s Fund III has been backed by a group of limited partners that have invested in its firm since its inception. Information VP did not disclose the names of its LPs. The firm noted the fund’s financiers also include “the f...

Today in acquisitions: Khure Health, TechX Technologies, Nolk, WorldReach Software, BuzzBuzzHome, Zorbit’s Math Six Canadian tech companies have recently made acquisitions or have been acquired, including Khure Health, TechX Technologies, Nolk, WorldReach Software, BuzzBuzzHome, and Zorbit’s Math. Here’s the latest on Canada’s movers and shakers. MCI Onehealth acquires Khure Health Toronto-based healthtech MCI Onehealth Technologies has acquired Toronto’s Khure Health ...

Fund VI aims to invest in education technology, tech-enabled service and site-based companies, with a focus on owner-operated businesses. The firm recently invested in SaaS platforms AmplioSpeech and InPlace Software and exited Learn on Demand Systems, SchoolAdmin, Cayuse and TargetX.    A statement from Lincoln Frank and Daniel Neuwirth, co-founders of Quad Partners, said, “We are grateful for the longstanding partnership with our investors and welcome the new limited partners who are joi...

Ceridian to acquire Toronto talent intelligence startup Ideal Ceridian has reached a definitive agreement to acquire Toronto hiring and employee management software startup Ideal. The transaction is expected to close tomorrow, on April 30. Both companies declined to disclose the financial terms of the deal. Once the acquisition is complete, Ceridian intends to integrate Ideal into its Dayforce platform in order to “optimize” the company’s talent management offering. Ideal�...

Synopsis Freshworks plans to confidentially submit paperwork for the offering to the U.S. Securities and Exchange Commission in the coming weeks, according to people familiar with the matter. Freshworks, a U.S. maker of business and customer engagement software that competes against Salesforce.com Inc, has hired investment banks to prepare for a U.S. initial public offering (IPO), people familiar with the matter said on Tuesday. The stock market debut could value Freshworks at around $10 bill...

Magnet Forensics increases TSX IPO target, aiming to raise $100 million Kitchener-Waterloo’s Magnet Forensics is now looking to raise just over $100 million CAD through its upcoming initial public offering (IPO) on the Toronto Stock Exchange (TSX), according to the company’s latest securities filings. The cybersecurity software startup filed its final prospectus earlier today. The new target represents a more than $10 million increase from the company’s initial goal of $90...

S|W: The SaaS Weekly The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the form at the bottom of this page to ensure you don’t miss out on the most important SaaS news every week! RECOMMENDED BY SAGE INTACCT: If you don’t prepare ahead of time, you could get stuck not producing the key SaaS metrics that investors want to see when they’re considering investing in your next round. Join Sage Intacct on Thursday, May 6 as ...

Global end-use of public cloud services is expected to boom this year, with technology analyst firm Gartner predicting a 23.1% rise in spending and re...

In a conversation with HerStory, Sarah Maxwell of Europe’s leading fund Marcho Partners talks about her investment in Wizikey, an Indian PR tech startup.