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Wattpad to beryllium acquired by South Korea’s Naver Corp. for $754 cardinal CAD (BETAKIT)
Wattpad is acceptable to beryllium acquired by South Korean net institution Naver Corp. CEO Allen Lau says the woody volition not dilatory down plans to marque Wattpad a planetary amusement giant.
RECOMMENDED BY HOCKEYSTICK:
Why San Francisco-based VC Hustle Fund Is Betting Big connected Canada
“At Hustle Fund, we’re convinced that Canada is positioned good to nutrient immoderate of the largest, category-defining companies connected the planet. We’re anxious to money these companies, and excited to spouse with Hockeystick to place these opportunities!” – Eric Bahn (General Partner)
Since launch, Hockeystick has made implicit 6000 funder recommendations to Canadian startups. Learn however startups are utilizing exertion to conscionable funders astir the world.
PlayVS acquires GameSeta to accelerate enlargement into Canada (TECHCRUNCH)
The woody volition accelerate PlayVS during its maturation signifier and assistance it grow into the Canadian market.
Ottawa unreality backup startup Rewind raises $19 cardinal CAD Series A (BETAKIT)
Rewind has closed a $19 cardinal CAD ($15 cardinal USD) Series A circular of financing arsenic it looks to capitalize connected and grow its “backup-as-a-service” business.
Parler’s caller spouse DDoS-Guard has ties to the Russian government (BLOOMBERG)
Parler LLC, the societal media app fashionable with Trump supporters and conspiracy theorists, is attempting to get backmost online with the assistance of a Russian institution whose clients see an net work supplier to Russian intelligence, raising concerns astir the blimpish societal forum’s information if it ever formally returns.
Benevity’s Bryan de Lottinville to measurement down from CEO relation for 2nd clip successful the past year (BETAKIT)
Benevity’s founding CEO, Bryan de Lottinville, is stepping distant from the enactment relation – for the 2nd clip successful little than a year.
An Australia with nary Google? The bitter combat down a drastic threat (NEW YORK TIMES)
The large tech platforms are facing a situation dissimilar immoderate different arsenic Australia moves to marque them wage for news.
Hopeful raises $400,000 to assistance nonprofits harness data (BETAKIT)
Nonprofits look a large occupation successful reaching donors: harnessing data. Hopeful, a Toronto startup that precocious raised funding, is looking to assistance capable that gap.
TripActions raises $155M astatine $5B valuation arsenic firm question recovers from pandemic lows (TECHCRUNCH)
Valuation marks are usually lone moderately useful, but successful the lawsuit of TripActions’ latest circular transportation much weight.
Vancouver’s Autozen raises $4.2 cardinal CAD to simplify backstage car sales (BETAKIT)
Online car marketplace Autozen has emerged from stealth mode, raising a $4.2 cardinal effect circular from undisclosed investors.
Clubhouse announces plans for creator payments and raises caller backing led by Andreessen Horowitz (TECHCRUNCH)
Buzzy unrecorded dependable chat app Clubhouse has confirmed that it has raised caller backing – without revealing however overmuch – successful a Series B circular led by Andreessen Horowitz done the firm’s spouse Andrew Chen.
SAP Canada to grow to caller Montréal office, bring headcount successful metropolis to 1,000 with caller hires (BETAKIT)
Global endeavor bundle steadfast SAP Canada is increasing its Quebec beingness with a caller bureau and hires successful Montréal.
Judge refuses to unit Amazon to enactment Parler backmost online (CNBC)
A U.S. justice sided with Amazon successful a tribunal order, saying the company’s cloud-computing portion was good wrong its rights to contradict web hosting services to Parler.
Why Ryerson Venture Zone is gathering a healthtech hub successful Brampton fuelled by aviator programs (BETAKIT)
When Ryerson Venture Zone opened applications for its archetypal healthtech incubator programme successful Brampton, sourcing firm pilots became a cardinal focus.
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