Montreal’s PPLConnect Closes Seed Funding Round, Updates Virtual Phone App

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Montreal virtual phone and text message app-maker PPLConnect has closed a round of seed funding from Sherbrooke Street Capital, for an undisclosed amount, and released several updates to its service, bringing it closer to their stated goal of providing “one inbox for all your messaging apps”. PPLConnect describes its app as “the world’s first virtual […]

Vancouver’s BitLit Looks to Expand Global Footprint Appointing New Head of Content

Former Kobo Director of Global Content Strategy appointed BitLit Head of Content

Vancouver ebook app developer BitLit has appointed Cameron Drew, former Director of Global Content Strategy for Kobo, as Head of Content. Previous to Kobo’s acquisition by Japan’s Rakuten Inc., Drew spent five years working to expand Kobo’s global footprint. BitLit was founded in 2013 to solve the problem confronting book owners not being able to […]

Halifax’s LeadSift Launches Social Media Marketing Platform

LeadSiftTeam

Halifax social marketing platform LeadSift has unleashed a new tool for marketers called AIM (Audience Intent Miner) to help advertisers target users based on monitoring social conversations and then mining for data which had previously been difficult to decipher on Twitter, namely building out profiles of user demographics and purchasing intent. Demographics are one thing: […]

Hootsuite Set To Fly Into Possible IPO With Investment From Fidelity

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Word on Wall Street is that Hootsuite Media Inc. is set to take an investment from Boston-based mutual fund management firm Fidelity Investment, according to an anonymous source cited by the Wall Street Journal, paving the way for an eventual IPO. According to the “person familiar with the matter” sourced by the article, Hootsuite is […]

EXO U is undervalued, says Mackie Research Capital

EXO U

EXO U (TSXV:EXO) is a disruptive recurring revenue model company in the education and enterprise verticals, says Mackie Research Capital analyst Nikhil Thadani. In a research report to clients this morning, Thadani initiated coverage of EXO U with a “Speculative Buy” recommendation and a one-year target price of $6.00, implying a return of 52% at […]

Absolute Software gets price target raise at PI

Absolute Software CEO Geoff Haydon.

The first quarterly earnings call under new Absolute Software (TSX:ABT) CEO Geoff Haydon was a picture of a company with a promising outlook, says PI analyst Pardeep Sangha. Yesterday, Absolute reported its Q4 and fiscal 2014 results. In the fourth quarter, the company earned $800,000 on sales contracts of $30.7-million, an 18% bump over last […]

Montreal Awards App Contract to Make Snow Removal “Smart”

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From eight finalists participating in the City of Montreal’s “info-snow” challenge, the team from Heritage Software has been selected and awarded a bursary of $5,000 to develop an app that uses the city’s open data to keep citizens informed about the status of parking and snow removal during Montreal’s notoriously deep and difficult winters. The “info-snow” […]

Desire2Learn “Getting Warmed Up” With Close of $85 Million Series B Fundraising

Desire2Learn

Desire2Learn Inc., the Kitchener-Waterloo Ed Tech giant, has announced the closing of an $85 million round of Series B funding, led by Columbus Nova Technology Partners, Graham Holdings, Four Rivers Group, Aurion Capital, along with previous investors New Enterprise Associates and OMERS Ventures. Silicon Valley Bank provided debt financing. Including an $80 million Series A […]

SIGGRAPH Makes Return Visit to Vancouver For 2014 Conference

Vancouver Mayor Gregor Robertson observes "Birdly" in action at the Emerging Technologies area at SIGGRAPH 2014. Photo © SIGGRAPH 2014.

“The taxes are low, the mountains are high, and the temperature’s just right,” said Vancouver Economic Commission chair Ian McKay to a media scrum on Monday. “Vancouver attracts creative people. If you’re a talented, creative person, this is where you want to live.” SIGGRAPH 2014, a.k.a. Special Interest Group on GRAPHics, staged in Vancouver for […]

Toronto’s Scribble Technologies Announces Partnership With Demand Media

ScribbleLive

Toronto-based Scribble Technologies Inc., which runs the popular content engagement platform ScribbleLive, has announced a multi-year strategic partnership with American content engagement specialists Demand Media (NYSE:DMD). Terms of the deal have not been made public and are pending final SEC approval. The partnership involves the joint marketing of both companies’ services in the name of […]