In the wake of a pivot, Halifax’s Frenter has raised $270,000 from a consortium of investors that includes John Risley’s CFFI Ventures, Mark Dobbins’s Killick Capital and several funds from outside Atlantic Canada.
Last summer, Cape Breton’s Securicy quietly raised its first round of institutional investment -- a US$4.1 million or C$5.2 million deal that was never publicized. As the 35-person company works to grow its staff to between 42 and 44, CEO Darren
Less than four months after it finished raising a $13 million funding round, Halifax Software-as-a-Service company Proposify is laying off 25 people as part of what CEO Kyle Racki described as an attempt to “right-size” the company after missed
In the wake of commercializing its product last summer, Saint John cybersecurity firm TrojAI has raised a $3 million seed round led by Halifax’s Build Ventures and Seattle’s Flying Fish Ventures, which was co-founded by former Microsoft, Amazon and