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L-SPARK Selects Six B2B SaaS Startups to Join Winter 2017 Accelerator

Ottawa, ON – Six B2B SaaS and cloud software startups have been chosen to join L-SPARK’s Winter 2017 Accelerator program that begins this month.

Following a three week bootcamp, 13 companies were selected to participate in a Pitchfest held at the end of January. A selection committee including representatives from BDC, Real Ventures, ScaleUP VenturesAmazon, Inovia CapitalInformation Venture PartnersMaRS Investment Accelerator FundMicrosoft CanadaWesley Clover InternationalCapital Angels Network, Whitecap Venture Partners, and Celtic House Venture Partners chose the six selected applicants.

Start-up : ça passe ou ça casse

Se lancer en affaires peut être comparable à un marathon, car c’est un travail de longue haleine. Plusieurs épreuves attendent les téméraires qui s’y lancent. Après de longs mois de préparation dans leur incubateur et accélérateur, André Bellerive, fondateur de Spivo, et David Ker, fondateur de Zination, s’apprêtent à présenter l’état de leurs compagnies devant amis, collègues et investisseurs. Le stress est palpable. Parviendront-ils à les impressionner? Et que leur réserve le futur?

Business Tech Predictions: 10 Ways AI, Big Data, and Cloud Will Evolve in 2017

We’ve written a lot about the convergence of cloud infrastructure, Big Data, and artificial intelligence (AI) this year. Throughout the Software-as-a-Service (SaaS) space, we’ve seen an inextricable link between these three factors in business intelligence (BI) tools, social listening platforms, customer relationship management (CRM) solutions, or really any industry that’s leveraging cloud-based data ingestion and analysis—which is pretty much all of them.

Ottawa’s SaaS North conference puts spotlight on ‘exploding’ business model

techopia-logo-roundedThis week, Ottawa hosts the inaugural SaaS North conference, featuring hundreds of key players in Canada’s software-as-a-service industry. The event reflects the importance of SaaS to the city, the country and to the future of software worldwide. “It’s kind of exploding, to be honest,” says Mark MacLeod, founder of Surepath Capital, a financial advisor for startups. MacLeod says Surepath is “very focused” on SaaS, a model he’s no stranger to – he served as chief financial officer to both Shopify and FreshBooks, two of Canada’s biggest SaaS businesses.

Top 10 takeaways from Canada’s first SaaS conference

betakit-roundedFrom November 30 to December 1, the top Canadian and international software-as-a-service (SaaS) companies met on Canadian soil at the inaugural SaaS North conference hosted by Ottawa-based SaaS incubator, L-SPARK. Over 800 SaaS professionals and investors converged on the Shaw Centre in Ottawa to network and strengthen relationships within Canada’s burgeoning software industry, which saw $6.9 billion in revenue in 2015.

Ottawa medical software firm Cliniconex readies for expansion

objWith health-care spending eating up nearly half of the provincial government’s annual budget, an Ottawa company says its software can help stop the bleeding when it comes to soaring medical costs. Cliniconex, a Kanata-based startup launched in 2011, makes software that sends patients detailed reminders of upcoming appointments. It’s a seemingly simple step the company says reduces the number of no-shows dramatically and makes doctor visits more efficient by ensuring patients are better prepared for procedures – for example, by reminding them to bring running shoes to a cardiac stress test.

Today in funding: Zensurance, Filefacets

betakit-roundedTwo Canadian SaaS companies raised funding for their next stage of growth this week. Here’s the latest on who raised how much, and from whom. The company plans to use the funding to hire new talent and expand its platform, which provides curated insurance packages to small businesses. Portag3 and Ryerson Futures also participated in the round.

Ottawa poised to become SaaS capital of Canada amid tech revival

sociable-roundedSilicon Valley North, as Ottawa was once called before the dot-com bubble burst, is bouncing back as a major tech hub with Software as a Service (SaaS) leading its revival. There is one man on a mission to make Ottawa the SaaS capital of Canada. As the executive managing director of Ottawa-based SaaS firm, L-SPARK, Leo Lax is anything but lax when it comes to his fierce ambition to add Ottawa to the list of Canada’s established tech hubs.

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