Don’t look now, Silicon Valley. Canada is coming for you.
In case you missed it last month, the $250 million funding round announced by Vancouver B.C.-based Clio was a major milestone in the rise of the Canadian tech startup ecosystem.
The funding round was not only the largest in Canadian startup history; it was led by top California-based VC firms TCV and JMI, whose previous investments include Airbnb, Facebook, Netflix, and Spotify.