S|W: The SaaS Weekly – A hands-on approach to SaaS apps

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!

Home maintenance startup Setter raises $10 million (BETAKIT)

This brings the company’s total funding to $12 million following a $2 million seed round.

SAAS NORTH recommends: Checkout the features at SAAS NORTH 2018 (SAASNORTH)

This year’s SAAS NORTH conference is bringing you 100 speakers across 40 sessions taking place over two days, but that’s just to start! There are nearly 20 networking opportunities for you to connect with speakers, investors, SaaS founders and their teams, check out all the features happening at SAAS NORTH.

OpenText acquiring Georgia-based Liaison for $310 million (BETAKIT)

OpenText said the acquisition would help it target sectors like life sciences and healthcare.

How Slack leverages freemium to add $1M in new contracts every 11 days (Podcast) (OPENVIEWPARTNERS)

Slack is known for their unprecedented growth in the SaaS community. They now have over 8 million daily active users! So, how did they do it? Fareed Mosavat, Lifecycle Product Manager, takes you behind the scenes into how Slack leveraged freemium and a bottoms-up approach to achieve this scale.

Support for SaaS applications demands a hands-on approach (TECHTARGET)

While they reduce some management burdens for enterprise IT teams, SaaS apps don’t exactly run on autopilot, either. Be sure to put a proper support model in place.

One year later, Willful wants to make wills less scary (BETAKIT)

The company aims to use technology to make end-of-life planning simpler, and encourage more Canadians to create a will.

Asana launches $19.99 Business tier to help managers handle multiple projects (TECHCRUNCH)

The new Asana Business tier includes new tools such as Portfolio, which will give managers the ability to view what everyone in an organization is working on in Asana — a “mission control” that provides a single view of what is going on.

Moneris launches analytics tool to help businesses measure impact of online advertising (BETAKIT)

Offlinx is powered by a tagging mechanism that anonymously links browsing data to transactions that process through Moneris’ national payment network.

AnyMind, which uses AI for advertising, marketing and HR, raises $13.4M (TECHCRUNCH)

This Series B round was led by Line, the Japanese messaging app firm, and Mirai Creation Fund.

Neo4j raises $80 million for next-generation graph databases (VENTUREBEAT)

The funding was led by One Peak Ventures and Morgan Stanley Expansion Capital, with participation from Creandum, Eight Roads, and Greenbridge Partners.

IBM’s acquisition of Canadian-founded Red Hat one of the largest ever (BETAKIT)

IBM and Red Hat’s partnership has spanned 20 years, with IBM serving as an early supporter of Linux.

Handshake, a LinkedIn for university students and diversity, raises $40M (TECHCRUNCH)

Handshake, a platform for both students looking to take their early career steps and employers that want to reach them, raised the funding from EQT Ventures, with participation from several other investment organizations.

theScore raising $8.5 million through private placement (BETAKIT)

Closing of the offering is subject to approval of the TSX Venture Exchange.

AppZen raises $35 million for AI expense report auditing (VENTUREBEAT)

The funding was led by Lightspeed Venture Partners, with participation from existing investors Redpoint Ventures and Resolute Ventures.


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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