More than $10 billion has been donated by Benevity clients and their people to over 326,000 nonprofits to-date. The Calgary tech behemoth announced the impressive stat today, adding that in the past year they added 124 clients, taking the company’s total client portfolio to 940. Almost 21 million users can now access Benevity’s platform, making […]
ZayZoon Secures $25.5 Million To Expand Beyond Wages On-Demand
Calgary fintech ZayZoon has secured $25.5 million in new financing, consisting of $12.5 million in equity and $13 million in a new credit facility with ATB Financial. The ZayZoon platform allows employees across the United States to instantly access their earned wages on-demand with more than 3,000 businesses using ZayZoon to offer their employees quicker access to pay. […]
TELUS to Create 8,500 Jobs in Alberta as Company Unveils New Calgary Headquarters
Telus this week reaffirmed its “generational” investment in the City of Calgary and across Alberta as a whole as the BC-based company opens a major new office in the region this month. The investment amount totals $430 million and will go toward the expansion and upgrading of operations, network infrastructure, and spectrum throughout Alberta. “This generational […]
IBM To Open New Client Innovation Centre In Calgary And Hire 250
Calgary will become home to another major technology hub as IBM announced today the creation of a Client Innovation Centre (CIC) for Western Canada based in the city, creating 250 jobs. In the last year Amazon, RBC, and Rogers have all announced that they would be establishing engineering hubs in Calgary and aggressively hiring. The new IBM innovation hub will […]
Calgary Crypto Trading Platform Bitvo Acquired By FTX
Calgary-headquartered crypto asset trading platform Bitvo has been acquired by FTX. In April 2022, Bitvo became the first Alberta-based crypto asset trading platform to register as a restricted dealer, allowing it to offer crypto asset trading services across all provinces and territories in Canada. Bitvo is also registered with FINTRAC as a money services business in the […]
Westgen Technologies Powers Up for Growth with Close of Series A Financing
Calgary’s Westgen Technologies, a clean energy technology company specializing in providing methane emission reduction solutions, has secured an investment led by ARC Financial through ARC Energy Fund 9 and Idea Well Capital Partners. This new partnership will allow Westgen to accelerate growth of its North American installation base, expand manufacturing capabilities, and bring to market a series of […]
PayShepherd Secures $3 Million to Tackle Contractor Billing Errors for Manufacturing Facilities
Calgary’s PayShepherd has secured USD $3 million in seed funding led by Nashville Capital Network, with participation from existing investors Thin Air Labs and the Accelerate Fund, managed by Yaletown Partners with support from the A100. Since releasing its platform, PayShepherd has helped manufacturing facilities and contractors eliminate overspending, benchmarked in excess of USD $1 million yearly per major facility, as well […]
Neo Financial Achieves Unicorn Status And Is Hiring 100 In Calgary & Winnipeg
Canadian challenger bank Neo Financial has raised a $185 million Series C round led by Peter Thiel’s Valar Ventures. The financing round brings Neo’s total funding to $299 million since its 2019 inception and values the company at over $1 billion, making Neo one of the fastest Canadian companies to reach the coveted ‘unicorn’ status. Neo Financial […]
Rogers To Hire For 500 Tech Roles At Technology and Engineering Hub In Calgary
Rogers Communications today introduced the first members of its advisory council to oversee a National Centre of Technology and Engineering Excellence to be established in the heart of Calgary following the close of its proposed merger with Shaw Communications. The Rogers THINKLab will help train new graduates and build a pipeline for high-skilled technical talent to stay and […]
San Francisco’s Unity Opens New Offices In Calgary
This week San Francisco’s Unity Technologies cut the ribbon on 25,000 square feet for the new Innovation Centre for Digital Transformation in Brookfield Place in Calgary. Unity is the world’s leading platform for creating and operating interactive, real-time 3D (RT3D) content and currently employs 60 in Calgary. The opening of the Calgary office was delayed by a […]