Waterloo EDC Blog

Three reasons California-based Carta came to Waterloo

Posted by Waterloo EDC on October 24, 2019

On October 15, California-based fintech company Carta announced an expansion in Waterloo. Founded in 2012, Carta’s cap table software supports over 800,000 security holders at more than 12,000 companies. This software helps these companies manage more than $575 billion in equity.

The company arrived in Waterloo through the acquisition of 51 employees from Kik, the messenger app company that...


Topics: technology, artificial intelligence

FleetCarma acquisition has electrified telematics giant Geotab

Posted by Waterloo EDC on October 23, 2019

When large technology companies buy smaller ones, they often assimilate the technology and intellectual property, integrate the workforce and, eventually, leave the company’s original community.

But that’s not what happened when Geotab Inc. bought Waterloo-based FleetCarma last year. Geotab decided to not only keep the staff in Waterloo, but to invest and expand the Waterloo division, now...


Topics: technology, automotive, business, artificial intelligence

BlackBerry launches new cybersecurity R&D lab in Waterloo

Posted by Waterloo EDC on October 10, 2019

Earlier this year, BlackBerry announced its acquisition of Cylance, an artificial intelligence and cybersecurity company, positioning themselves as one of the world’s largest cybersecurity firms. BlackBerry’s security business was back in the news last week as they announced the development of a new cybersecurity research and development lab based out of their Waterloo operations centre.


Topics: quantum, security, technology, automotive, artificial intelligence, R&D

Waterloo prominent on Canadian Business Growth 500 and Startup 50

Posted by Waterloo EDC on September 19, 2019

Last week, one of Canada’s leading business publications released their annual lists of fastest-growing Canadian companies – more than two dozen companies located in Waterloo made an appearance.

Canadian Business releases two lists each year – Growth 500 and Startup 50. The former ranks companies by 5-year revenue growth percentage and the latter ranks companies by 2-year revenue growth...


Topics: technology, manufacturing, financial services, artificial intelligence, site selection

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