S|W: The SaaS Weekly – Amazon plants another stake

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!


BetaKit

Brightspark raises $6 million to expand team across Canada, accelerate investment pace

The firm anticipates that it will accelerate its investment pace from the equivalent of a $100 million fund, to that of a $120 million fund, with an estimated $20 million to $30 million invested annually.


IT

How quickly does headcount scale in the fastest growing software businesses?

The data bolsters the notion that a management team’s top priority is recruiting, especially after the business has reached product-market fit.


TechCrunch

Intuit acquires time-tracking service TSheets for $340M

The $340 million acquisition price consists of both cash and other considerations, and Intuit expects the acquisition to close in the second half of 2018.


VoiceoftheNorth

SaaS North says companies should focus on problem, not tech, when building AI

“You see people that are so focused on the technology that they lose sight of actually using it to build their business,” said David Lennie, SVP of data and analytics at Shopify.


BetaKit

AWS’s free single sign-on launch shows expanisonist tendencies in SaaS market

Amazon Web Services quietly planted another stake in the workplace software-as-a-service market last night with the launch of a new single sign-on offering.


Venture Beat

Pivotal has something for everyone in the latest Cloud Foundry Platform release

At its S1P developer conference in San Francisco, the company announced a huge upgrade to its Pivotal Cloud Foundry platform, which includes support for serverless computing, containers and a new app store.


TechTarget

Alumni outreach software startup Graduway raises $12.7 million

UCLA, Oxford, and Johns Hopkins are among the universities that use Graduway’s tool to keep in touch with alumni.


BetaKit

Toronto tech community signs open letter to city council urging “fair, equitable” rules on Airbnb

“The new economy is challenging old ways of doing things. Toronto must maintain its reputation as a global centre of innovation by embracing new ideas,” the letter reads.


TechCrunch

Salesforce is latest big tech vendor to join the Cloud Native Computing Foundation

Salesforce joins the likes of AWS, Oracle, Microsoft, VMware, and Pivotal in the organization that manages Kubernetes, the popular open-source container orchestration tool.


BetaKit

Create more value than you capture: An oral history of Toronto product development

BetaKit’s first #longform piece explores the evolution of Toronto tech over the last 15 years.




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Amira Zubairi

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.