
Feds give Outaouais region’s ‘buzzing’ cybersecurity sector $3M boost
Funding for three Gatineau-based organizations is expected to add 30 jobs to the local economy.

Feds give Outaouais region’s ‘buzzing’ cybersecurity sector $3M boost
Funding for three Gatineau-based organizations is expected to add 30 jobs to the local economy.

Ottawa VC investments plummet in second half of 2020, report says
Local companies landed a combined $111 million in fresh venture capital last year, putting Ottawa in 11th place among all Canadian cities.

Martello to raise $5M in new bought-deal offering to fuel growth plans
Network-troubleshooting software company is looking to capitalize on surging demand for its products during the pandemic.
Techopia Live: Field Effect tackles ‘neglected’ markets
How the cybersecurity company stays one step ahead of the bad guys on the internet.

Ottawa cleantech firm BluMetric’s revenues jump 30% in Q1
Firm reported revenues of $8.2 million in the first quarter of fiscal 2021, up from $6.3 million the year before.

Kinaxis files counterclaim against Arizona-based Blue Yonder in U.S. court
Ottawa supply-chain management software maker has asked court to dismiss a lawsuit filed against it and alleges that U.S. firm misappropriated Kinaxis’s trade secrets.

Shopify to raise US$1.55B in latest share offering
Ottawa e-commerce giant says it will use the cash influx to beef up its balance sheet and provide “flexibility to fund its growth strategies.”

Telesat to set up satellite operations campus in Gatineau as part of $400M deal
The Quebec government will receive a $200-million equity stake in the cutting-edge satellite network and will also provide Telesat with a $200-million loan.

Martello looks to beef up investment in Microsoft sales channel as Q3 revenues soar 60%
Kanata-based software firm posted revenues of $4.63 million for the three-month period ending Dec. 31, up from $2.88 million a year earlier.

BlackBerry QNX software to help power Hyundai AV technology
Kanata firm’s Black Channel Communications platform is designed to ensure a vehicle’s embedded safety systems are able to seamlessly and securely exchange data.
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