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!
The funding was led by the National Bank of Canada (NBC), with participation from Investissement Québec and TD Bank.
Vulcan Cyber, a Tel Aviv-based security startup that helps enterprises quickly detect and fix vulnerabilities in their software stack and code, raised the funding from YL Ventures and others.
Blockchain SaaS startup Bext360, which provides traceability for coffee products with a Coinstar-like device for farmers, raised the funding from SKS Ventures and Plug and Play Ventures.
“Most SaaS companies today ought to raise several smaller rounds of funding during the seed phase before going out to raise a series A.”
All 12 Progressly employees will be joining Box immediately.
CyberSaint Security, which provides a comprehensive solution to cyber-resilience, compliance and risk management, raised the funding from Audeo Capital and BlueIO.
81% of organizations globally have adopted the cloud, according to Bitglass.
The company announced $3.01 billion in revenue for Q1 2019 with no signs of slowing down.
The report examined the core characteristics of high-growth tech companies, and what international business practices contribute to their success.
The latest round of funding was led by Idinvest Partners and included funding from previous investors, such as BPI, Sofiouest, Arkea, and White Star Capital Fund.