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Top Down Ventures has closed Founders Fund I at C$38 million, oversubscribed, as the first institutional VC fund focused exclusively on early-stage MSP software and AI. Managing partner Joel Abramson joined In The Channel on announcement day to unpack the thesis, the zofiQ exit, and the market shift that has the fund bullish on the decade ahead.
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Today’s headline news for Canadian IT solution providers:
AppDirect acquires Soul Machines: AppDirect has acquired Soul Machines, the digital people and AI avatar company, in a deal announced Tuesday at AppDirect’s Thrive conference in Los Angeles. Terms were not disclosed. AppDirect…
Arun Shresthra, co-founder and CEO of BeoyndID
In The Channel caught up with Arun Shrestha, co-founder and chief executive officer of BeyondID, at Okta’s Oktane 2026 conference in Las Vegas. Shrestha has been part of the Okta story since 2012, when Okta’s co-founders recruited him to …
Okta has unveiled the Okta Partner Accelerator, a ground-up rework of its Elevate partner program, at Oktane 2026. Laura Padilla, Okta's head of partners, walks In The Channel through the three-track structure, the customer-outcome metrics that gate the elite tier, the expansion of partner-delivere…
Rising hardware costs and customer budget pressure are making IT infrastructure deals harder to close. Mitsubishi HC Capital Canada's Jim Moschos explains how MSPs and VARs can use financing to protect margins, manage cash flow and support multi-year technology commitments.
Six months ago, Okta Canada's Ryan Sydor talked about investment: a data cell, 600 employees, a plan to triple the business. At Oktane 2026, the story is demand - for agentic identity, for agent security, and for partners who can advise rather than sell. Sydor on board mandates, the Blueprint Allia…
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