Webflow, a website-building SaaS company founded in 2013, has acquired its first start-up, Intellimize. Terms of the acquisition have not been disclosed, but Intellimize was reportedly purchased for a price in the “eight-figure” range.
The acquisition marks Webflow’s expansion into the market optimization sector. Intellimize is a platform that offers AI-driven website personalization and conversion rate optimization. Founded in 2016, Intellimize has raised over $50 million from various investors at the time of acquisition.
Since 2013, Webflow has grown to raise over $330 million at a $4 billion valuation. Acquiring Intellimize to respond to customers’ needs in an increasingly AI-driven space is a step forward in website design and Webflow’s presence in the sector.
Dominion Dynamics, an Ottawa-based defense technology company, has partnered with Arctic Training Centre, a training and testing facility based in the Yukon, to develop and test its technologies. This…
Smartphone startup Nothing has closed a US$200 million Series C round, led by Tiger Global, bringing its valuation to US$1.3 billion. Other investors in the round included returning investors GV…
OpenWav, an audio streaming app that launched over the summer, continues to build momentum on its mission to return the power in the music industry to the artists at its centre.The app -- its name a…
Founded in 2014, Vancouver-based healthcare startup Molecular You provides greater visibility into individual health through its direct-to-consumer blood testing platform. Using advanced quantitative…
NASA recently announced that its Perseverance rover has uncovered the clearest evidence yet of ancient life on Mars. The discovery concerns a reddish rock sample named Sapphire Canyon collected in…
Doctors at the University Health Network’s Toronto Western Hospital recently performed the first-ever implantations of the Neuralink brain-computer interface (BCI) outside of the United States. These…
