Canadian tech companies D2L, Dialogue, eyeing possible IPOs as fortunes surge in pandemic

Strong market conditions for tech companies could change given the unfolding scope of the pandemic, uncertainty over the approval of vaccines, and the outcome of the election

Curated via Twitter from Globe Technology’s twitter account….

But each CEO left the pitch sessions feeling their potential IPOs would be well-received. “It is clear from these meetings that there is a huge appetite for high-quality Canadian stories like Dialogue’s,” said Cherif Habib, CEO of Dialogue, which provides “doctor-on-demand” services to patients online and has raised more than $100-million from Sun Life Financial Inc. , National Bank of Canada, Portag3 Ventures, the Caisse de dépôt et placement du Québec and others. “I don’t think there’s any secret – the public markets are open for good technology companies,” said John Baker, CEO, founder and majority shareholder of D2L, which provides online learning tools for grade school, university and corporate clients and last raised outside venture capital in 2014. “We’ve made a decision to strongly consider it. … It’s probably a strong potential outcome.

var select={root:". js-sub-pencil",control:". js-sub-pencil-control",open:"o-sub-pencil–open",closed:"o-sub-pencil–closed"},dom={},allowExpand=! 0;function pencilInit(o){var e=arguments. length>1&&void 0! ==arguments[1]&&arguments[1];select. root=o,dom. root=document. querySelector(select. root),dom. root&&(dom. control=document. querySelector(select. control),dom. control. addEventListener("click",onToggleClicked),setPanelState(e),window. addEventListener("scroll",onWindowScroll),dom. root. removeAttribute("hidden"))}function isPanelOpen(){return dom. root. classList. contains(select. open)}function setPanelState(o){dom. root. classList[o? "add":"remove"](select. open),dom. root. classList[o? "remove":"add"](select. closed),dom. control. setAttribute("aria-expanded",o)}function onToggleClicked(){var l=! isPanelOpen();setPanelState(l)}function onWindowScroll(){window. requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document. body. ! allowExpand? n&&l&&(allowExpand=! 0,setPanelState(! 1)):(allowExpand=! 1,setPanelState(! 0))});}pencilInit(". js-sub-pencil",! 1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document. getElementsByClassName("subs_valueprop"); for (i = 0; i < x. length; i++) { x[i]. style. display = "none"; } slideIndex++; if (slideIndex> x. length) { slideIndex = 1; } x[slideIndex – 1]. style.

The chief executive officers of D2L Corp. , a Kitchener, Ont. -based online learning provider formerly known as Desire2Learn, and Montreal telemedicine provider Dialogue Technologies Inc. , told The Globe and Mail they each invited investment bankers to pitch their services and offer their views on how their companies would fare if they went public.

Link to original article….

Leave a Reply

Leave a comment
%d bloggers like this:
scroll to top