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Bonfire, Curiato, FutureVault among latest Canadian startups to make CEO change up

Bonfire, Curiato, FutureVault among latest Canadian startups to make CEO change up Three Canadian technology startups have announced changes at the helm. Curiato, FutureVault, and Bonfire Interactive each recently revealed switch-ups to their CEOs. Bonfire has named Omar Salaymeh its new CEO and FutureVault has named John Shackleton, formerly of OpenText, as its CEO while Curiato has appointed an interim CEO as it searches for a new, permanent one. Salaymeh, who has been appointed as CEO of Bonfire Interactive, a Kitchener-Waterloo-based strategic sourcing and procurement software firm, replaces founding CEO Corry Flatt. The trio of companies is the latest of a number of Canadian innovation sector organizations that have notable leadership changes in recent months.

Fluence Technologies Raises $10M in Series A Funding

Banneker Partners made the investment. The company intends to use the funds to accelerate growth in financial close and consolidation software for the mid market, and expand its customer base and product offering. Led by newly added CEO Michael Morrison, and Founding CEO John Power, who will remain as chief operating officer, Fluence Technologies provides a cloud based financial close and consolidation software for mid-sized companies to get access timely to numbers for assessing past performance and planning for the future. FinSMEs

Fluence Technologies raises $12 5 million CAD, swaps CEOs to fuel next phase of growth

Fluence Technologies raises $12.5 million CAD, swaps CEOs to fuel next phase of growth Toronto FinTech software startup Fluence Technologies has closed a $12.5 million CAD ($10 million USD) Series A round from Banneker Partners, as it looks to bring its financial close and consolidation software to more mid-sized companies, and expand its presence in Europe. The startup has also appointed performance management software veteran Michael Morrison as its new CEO. Morrison is replacing Fluence’s founding CEO John Power, who is transitioning to COO. In the new role, Power will focus on customer success and guide Fluence’s product vision. “We help organizations close their books with confidence,” said Michael Morrison, Fluence’s new CEO.

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