With $70M investment, Canalyst plans to double its headcount

The financial data firm plans to use the funds for global expansion.

Canalyst’s Damir Hot, CEO and co-founder, and James Rife, co-founder and head of research.

In 2017, when Canalyst co-founder James Rife was speaking to a room of tech entrepreneurs in Vancouver, he shared that his two-year-old startup, which specializes in financial data and analytics, had grown from five to 50 people. He said, half-jokingly, “We don’t l…