Congratulations to Patrick Pichette (Chairman of the Board at Twitter & C100 Charter Member) who has been appointed to the board of directors of Wealthsimple.
Waterloo-Kitchener-based Communitech has announced that it is acquiring Prospect, Canada’s largest startup job board. Congratulations to Communitech’s CEO & President Chris Albinson (C100’s Co-Founder) and Prospect’s Co-Founder & CEO Marianne Bulger (C100 Member) on this partnership that undoubtedly will help elevate and connect top talent with Canada’s startups.
Ontario based Auvik Networks (48Hrs 2015 Alumnus) has taken on $250-million in investment, from private-equity firm Great Hill Partners. Auvik’s leadership team will remain in place and play a central role in this next phase of growth.
Olympic runner, Maddy Price, will be fulfilling her dream to compete in the Olympics and represent Canada as a member of the 4X400 relay team. Maddy is the daughter of Shawn Price, a proud C100 Charter Member and software pioneer, who passed away in 2016 after battling melanoma cancer. Best of luck to Maddy in Tokyo, we are rooting for you!
Land of Unicorns – Canada’s New Bounty of Billion-Dollar Tech Companies. Michele Romanow, Co-Founder & President at Clearco (& C100 Charter Member), and John Stackhouse, Senior Vice-President, Office of the CEO at RBC (proud C100 Foundational Partner) discuss important topics including remote work, post-pandemic entrepreneurship and why “you never have a perfect idea.”
How to Get the Most out of Quarterly Board Meetings. Liran Belenzon (Co-Founder & CEO at BenchSci & C100 Member) recently published his key best practices to follow in order to make your board meetings more effective!
On ethical AI, the world is calling – and it’s time for Canada to answer. Chris Albinson, CEO & President at Communitech (& Co-Founder at C100), believes Canada has a “massive opportunity in front of us: to lead the world in creating and commercializing applied, ethical artificial intelligence.”
A can’t-miss article highlighting Canada’s booming startup market that has seen more capital raised in the first half of 2021 ($6.3-billion across 414 deals, per CB Insights data) compared to all of 2020 (617 deals raising a total of $2.9-billion in total capital raised
Zynga becomes a Great Place to Work-Certified company in the US. with The global authority on workplace culture found that 95 percent of Zynga employees said the company is a great place to work, mirroring Zynga’s focus on company culture. Chief People Officer Jeff Ryan (C100 Charter Member) shared his thoughts in the piece.
Learn more about Toronto-based Tribe, led by Co-Founder & CEO Siavash Mahmoudian (Current C100 Fellow) in this recent article from Forbes Magazine.
Montreal-based Algolux (48Hrs 2017 Alumnus), a globally recognized computer vision software company, announced it has raised $18.4 million in Series B funding. Algolux is led by President & CEO Allan Benchetrit (C100 Member).
Toronto-based AI startup Deep Genomics has secured $180-million in Series C financing, led by SoftBank Vision Fund 2. Deep Genomics uses AI and machine learning to program and prioritize transformational RNA therapeutics for genetic diseases.
With cyberattacks and threats on the rise, investments into cybersecurity start-ups continue to surge. $12.2 billion has been into cybersecurity companies so far this year, nearly $2 billion more than the total for all of 2020. Netskope’s founder & CEO, Sanjay Beri (C100 Charter Member) was featured in the New York Times artcile on the topic. Last year, Netskope has one of the largest raises in cybersecurity of the year ($300-million), increasing its valuation to $2.8-billion.
Congratulations to Andrew Lindsay (VP of Corporate & Business Development at HubSpot & C100 Member) who has been appointed to the board of directors of Asana.
Toronto-based cybersecurity startup 1Password has raised $100-million in an Accel-led round of funding at a $2-billion valuation (double its 2019 valuation). A number of institutional and angel investors participated, including Ashton Kutcher’s Sound Ventures, Kim Jackson’s Skip Capital, Slack Co-Founder and CEO Stewart Butterfield, Shopify CEO Tobias Lutke, Squarespace CEO Anthony Caselana and Eventbrite Co-Founder Kevin Hartz.