S|W: The SaaS Weekly – Changing the founder/investor dynamic

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

Locketgo raises $1.2 million seed round for turnkey smart locker service

Locketgo, which offers mobile-charging lockers for event attendees, has announced the close of a $1.2 million round of seed funding.


Dell’s 10th gen Latitude notebooks boast convenience and portability

Across the board, Dell introduced several new features to make its Latitude line more robust, secure and improved battery life.


SaaS management startup Intello scores $2.5 million extended seed

Intello, the New York City-based SaaS management platform, announced a $2.5 million extended seed round, along with some product enhancements.


GGV-backed Chinese SaaS startup Black Lake raises $22M in Series B

The company said it will use the fresh funding to recruit more engineers and sales personnel as well as for product innovation and business expansion.


VanillaSoft receives additional $3 million loan for sales engagement platform

The company, founded in the US but running its Canadian operations out of Gatineau, Quebec, said financing will be used to grow VanillaSoft’s R&D and sales teams as the company looks to expand across North America, and possibly internationally.


SaaS startups are changing the founder/investor dynamic

The balance of power between startup founder and venture capital investor has changed – and the rules of the courtship reversed.


SaaS data protection blues cured with cloud-to-cloud backup

Your cloud-based data isn’t as safe as you would think. Learn why and find out what you need to know to select the best cloud-based backup service for your SaaS applications.


Barcelona-based Hubtype raises €1 million in seed funding to disrupt conversational messaging industry

The expanding startup was founded in Barcelona in 2016 with the goal of leading enterprise businesses beyond chatbots and into the conversational messaging era.


Exabeam raises $75 million to advance SIEM cybersecurity

Cybersecurity startup Exabeam has raised $75 million in a series E round of funding co-led by Sapphire Ventures and Lightspeed Venture Partners, with participation from all existing investors, including Cisco’s investment arm.


Docpack offers a simple, enterprise-friendly way to share documents

Docpack is offering businesses a simple way to share their documents — particularly with customers at large enterprises that may block services like Dropbox or Google Drive.


CoLab Software becomes first Atlantic Canada startup to join Y Combinator

CoLab Software, based in St John’s, Newfoundland and Labrador, has become the first Atlantic Canada startup to be accepted into Y Combinator’s accelerator program.



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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.