S|W: The SaaS Weekly – SaaS growth vs. profit

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The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.

Subscribe to S|W using the form at the bottom of this page to ensure you don’t miss out on the most important SaaS news every week!


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BetaKit

Closing a $95 million fund, Round 13’s Bruce Croxon says it’s the perfect time to invest in Canada

The fund is looking to invest $1 million to $5 million in Canadian tech companies.


VentureBeat

Robotic digitization startup Ripcord raises $40 million to make paperless offices a reality

Ripcord, which has built machines that can scan, index, and categorize paper documents to make them searchable via the cloud, raised the Series B round from Icon Ventures, Kleiner Perkins, Lux Capital, and Silicon Valley Bank.


BetaKit

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The biggest AI, machine learning, big data, and automation news from around the globe sent your inbox every week.


Benzinga

LiftIgniter raises a $6.4 million Series A led by Storm Ventures

LiftIgniter uses machine learning to create personalized, digital experiences to optimize user engagement.


Markets Insider

Onvia announces next-generation SaaS and data platform to help businesses sell more to government

The platform, Onvia 8, enables companies of all sizes to find and act on more opportunities and win more government contracts.


BetaKit

Sipbar uses tech to power its on-demand bar service

Sipbar allows people to book a fully-stocked bar with beer, wine, and spirits on demand.


Forbes

Inside ServiceNow’s surge: How it’s become the most-innovative SaaS vendor on the planet

With Q2 revenue up 40.2% to $478.5 million, ServiceNow, a cloud computing company that aims to replace unstructured work patterns with intelligent workflows, has raised its guidance for full-year revenue to just over $1.9 billion.


eweek

Respond Software launches analyst platform to help security staff

Along with launching the Respond Analst platform, which aims to solve the IT security staffing challenge, also raised a $12 million Series A funding round.


BetaKit

Hootsuite’s Ryan Holmes shares a dummies’ guide to startup growth vs. profit

“The profit-growth question doesn’t have easy answers,” the founder argues.


Business Insider

Bluebird Network launches The Connected World SaaS platform

Bluebird serves carrier and enterprise customers by providing high bandwidth, carrier-class Internet and data services in rural and urban communities.


HIT Infrastructure

Vibrent Health SaaS precision medicine platform granted ATO

Vibrent Health’s SaaS precision medicine platform combines clinical data from multiple sources to provide clinicians with evidence-based insights into patient health.



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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.