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Layoffs at ApplyBoard follow similar moves at tech companies in Waterloo region and around the world as investor exuberance around the sector fades and companies re-examine payroll costs in preparation for a potential recession.
Nine on the way to a billion By Jon Parsons. This article was originally published on Waterloo News. Nine startups with links to the University of Waterloo were named in a recent report tracking Canadian companies on their way to $1 billion annual revenues, including four companies that grew out of Waterloo’s renowned entrepreneurship program and startup incubator Velocity.
Nine startups with links to the University of Waterloo were named in a recent report tracking Canadian companies on their way to $1 billion annual revenues, including four companies that grew out of Waterloo’s renowned entrepreneurship program and startup incubator Velocity. “Canada’s tech ecosystem continues to evolve,” says Adrien Côté, executive director of Velocity.
ApplyBoard's data-driven trends report shows how international student preferences and trends in the international education space are shiftingKITCHENER, ONTARIO, CANADA, Nov. 23, 2021 (GLOBE NEWSWIRE)
ApplyBoard Raises C$375M in Series D Funding With Valuation of C$4 Billion ApplyBoard, a Kitchener, Ontario, Canada-based online platform for students to access top quality education, raised C$375m (US$300m) in Series D funding at a post-money valuation of C$4 billion (US$3.2 billion). The round was led by Ontario Teachers’ Pension Plan Board (Ontario Teachers’), through its Teachers’ Innovation Platform (TIP), with participation from existing investors Fidelity Management & Research Company LLC, BDC, Harmonic, Index Ventures, Garage Capital, and Blue Cloud Ventures. Since its founding,...