S|W: The SaaS Weekly – Brazilian innovation

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!


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BetaKit

Auvik Networks raises $15 million Series B to help small businesses build IT networks

The round was led by OpenView, with participation from existing investors Celtic House Venture Partners and Rho Canada Ventures.


TechCrunch

The new wave of Brazilian SaaS innovators

The SaaS market in Brazil is booming. It mirrors the rapid adoption of SaaS as the dominant cloud computing type in a global public cloud services market that’s forecast to reach more than $122 billion in 2017.


newscenter.io

Security startup Socure raises $13.9 million

Socure, which provides a SaaS solution to fight the risk of identity theft and other fraudulent activities, raised the funds from Commerce Ventures, Flint Capital, Work-Bench Ventures, Santander InnoVentures, and Two Sigma Ventures.


BetaKit

Innisfil saved $73,500 through Uber public transportation partnership

The city partnered with Uber on May 1st, and allocated $100,000 over six to nine months.


RedmondChannelPartner

Microsoft adds auto-remediation to SaaS security tool

The new feature will enable administrators to compel user log-ins and invalidate user sessions in response to certain kinds of security threats.


inc42

How SaaS startup RateGain is working towards becoming the Bloomberg for travel

RateGain sells software for the hospitality and travel industries for revenue management decision support, rate intelligence, seamless electronic distribution and brand engagement helping customers streamline their operations and sales.


BetaKit

Voices.com acquires talent management platform Voicebank.net

In early July, Voices.com raised $18 million from Morgan Stanley Expansion Capital.


Entrepreneur

Celoxis and the next wave of SaaS in India

The SaaS business model appears to be the fastest growing sector in India and Indian SaaS companies are poised to make the country one of the leading SaaS providers in the world within the next few years.


BetaKit

Online ordering platform LinkGreen raises undisclosed seed round from Georgian Angel Network

LinkGreen’s main product, LinkGreen Connect, aims to help wholesale buyers and suppliers in fragment industries like the lawn and garden industry process manage orders more efficiently.



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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.