S|W: The SaaS Weekly – What happened to the prosumer model?

flashfood

The SaaS Weekly is a weekly newsletter covering the 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!


BetaKit

Flashfood launches with Longo’s in Toronto to alleviate food insecurity

The company ran a pilot with London-based Farm Boy in January, and said that they’ve diverted over 1,200 meals from a landfill.


Medium

SaaS: What happened to the “prosumer” model?

According to Clement Vouillon of Point Nine Capital, the prosumer segment is very attractive due to its market size with tens of millions of potential customers, but the challenges which come with it quickly become obvious.


Market Realist

Why FireEye’s focus on SaaS is welcome news for its investors

As FireEye, a malware protection system that blocks attacks across web and email threat vectors, is making a rapid transition toward the cloud, its subscription offerings could dominate its future billings.


e27

Singapore startup Anchanto raises funding to expand e-commerce logistics platforms in Asia

Anchanto’s funding round was led by beauty products distributor Luxasia Group and existing investor transcosmos inc. Japan.


BetaKit

Attendease raises seed round led by 500 Startups Canada

Attendease’s platform is targeted to corporate event teams for the planning and execution of events.


Talkin Cloud

DocuSign taps Microsoft Azure for Canadian cloud

DocuSign said that the Azure partnership will give it data centers across two locations (Toronto and Quebec City) in Canada, ensuring that the personally-identifiable information (PII) stays in the country.


Inc42

Kerala-based healthtech startup Good Methods Global raises funding from Accel Partners

This takes Good Methods Global’s total fundraise, to date, to $9 million. The company plans to use the funding towards fuelling sales, product adoption and engineering, and acquiring talent.


TomTunguz

Why negative churn is such a powerful growth mechanism

Negative churn is an incredibly attractive characteristic of a SaaS company because it means that customer accounts are like high-yield savings accounts.


BetaKit

Lightspeed launches Lightspeed Analytics to give retailers insights and recommendations on sales, inventory

The solution will provide retailers with insights and recommendations into core business components including sales, inventory, employee performance, and customer behaviours


Forbes

Private equity seduced by software-as-a-service companies

Private equity suitors are giving strategics a run for their money in the hunt for SaaS targets.


mint

Video analytics start-up Vidooly raises $1.4 million from Gujarat Venture Finance

Vidooly plans to use the funding towards expanding its platform in Indonesia, Thailand, Malaysia and Vietnam, with an ultimate goal to enter China by next year.


BetaKit

StackAdapt partners with Contobox by Crucial Interactive to provide advertisers interactive video capabilities

StackAdapt’s customers will gain access to Contobox Video, which will help advertisers “enhance” their videos, and better understand how viewers are engaging with their product and their message.


IT World

Uber offers taxi service, not software as a service, says EU court official

According to Advocate General Maciej Szpunar, Uber’s platform falls under EU regulations for transport, not information services, so can be required to obtain the necessary licences and authorizations under national law.


BetaKit

Askuity’s platform aims to bridge the data gap between retailers and suppliers

By accessing data from all the stores they sell in across North America, suppliers can gain actionable insights on what products are selling well.



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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.