According to a report released by the U.S. Census Bureau two weeks ago, U.S. retail ecommerce sales totalled $105.7 billion in the first quarter of 2017. While customers’ increasing appetite for online shopping presents an enormous opportunity for merchants, the competition for market share is
TouchBistro, an iPad-based POS solution provider for restaurants, today announced that it has raised CDN $16.3 million in Series C funding. The round was led by Napier Park Financial Partners and Recruit Holdings Co, Ltd, with participation from existing investors, including BDC IT Venture Fund,
Wave Accounting announced it has raised $24 million in financing. Eight investors participated in the round: NAB Ventures, RBC Bank, CRV, Social Capital, BDC Venture Capital, OMERS Ventures, HarbourVest Partners, and OurCrowd. Wave aims to make running small businesses easier by providing free accounting and invoicing
Security startup CounterTack announced it has raised $20 million in Series D financing. Three investors participated in the round, among them SingTel Innov8 and SAP National Security Services. CounterTack has developed a platform that combines tamper-resistant and behaviorally-based detection, analysis and response technology, and big data
Apptegy announced the completion of $6 million in financing from Five Elms Capital. Launched in 2015 and headquartered in Little Rock, Arkansas, Apptegy’s goal is to help schools thrive as they transition to a 21st-century model of education. School districts have major communication challenges sending messages
Lithium Technologies announced that it has been acquired by Vista Equity Partners, a leading American private equity and venture capital firm focused on financing and backing software, technology-enabled startup businesses, and passive equity investments. The terms of the acquisition were not disclosed. Lithium builds community and
Movius announced the completion of $21 million in financing from an undisclosed investor. Movius provides mobile communications solutions for service providers around the world. The company's CAFÉ™ platform offers a broad set of pre-packaged applications and APIs for applications development. Powered by CAFÉ, Movius myIdentities™ separates
Enterprise IT startup People.ai announced it has secured $7 million in Series A financing. Lightspeed Venture Partners, Index Ventures, Shasta Ventures, Y Combinator and SV Angel participated in the funding. People.ai is a sales management platform that seeks to empower sales leaders to be more
ECommerce startup OrderGroove announced the close of $25 million in financing from an undisclosed investor. Founded in September 2010 by Greg Alvo, OrderGroove's SaaS-based subscription technology platform and network enables major brands to develop relationships with their most valuable customers via subscriptions. The company aims to
Epic! completed $8 million in Series C financing. Seven investors participated in the round: Reach Capital, Translink Capital, Rakuten, Menlo Ventures, WI Harper, Brighteye Ventures, and Innovation Endeavors. Epic! provides an unlimited selection of eBooks that can be instantly discovered, read, and shared with friends. The