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!
Macdonald is the former president and CEO of Enercare, one of the largest heating, ventilation, and air conditioning (HVAC) companies in North America.
This Series B is being led by Next47, the strategic investment arm of manufacturing giant Siemens.
AWS has moved to close the gap between its services and customers’ other SaaS suppliers with the launch of EventBridge at its AWS Summit in NYC.
Cape Breton-based Securicy, which provides end-to-end cybersecurity tools and resources for small and medium businesses, has raised $1.8 million in funding from both public and private investors.
Leading the round is LocalGlobe, with participation from a number of unnamed angel investors.
Founded in May 2016 by co-founders Divay Kumar and Shreyans Sipani, O4S will use the funds to strengthen its workforce, accelerate client acquisition, and build technology infrastructure across industries within India.
Hamilton-based Weever Apps, a B2B SaaS company that creates workplace solutions to reduce the need for paper, has raised $1,625,000 in funding to support its new Process Manager software.
Founded in 2014 by Tony Mackenzie, Tanya Bartolini and Greg Knox, Jacobi is a B2B platform that helps institutional investors with asset risk management, modelling and analytics.
It’s the largest round of funding the startup has raised since launching in January of 2018.
The four new locations will bring the company’s total locations to 10 in Toronto, one in Ottawa, and 18 across Canada.
OneTrust, which builds tools to help companies navigate data protection and privacy policies both internally and with its customers, has raised $200 million in a Series A led by Insight that values the company at $1.3 billion.