S|W: The SaaS Weekly – Cloud hypergrowth

Hubdoc and TouchBistro were two of Round13's first investments.

The SaaS Weekly is a weekly newsletter covering the major SaaS news from Canada and around the globe.

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Hubdoc raises $6 million to remove the administration from accounting(BETAKIT)

Launched in 2014, Hubdoc’s accounting platform automatically collects and analyzes business documents for financial reporting.

Larry Ellison expects ‘hypergrowth’ from Oracle’s cloud services(VENTUREBEAT)

Oracle believes its future is in the cloud, and the company expects its SaaS revenue will be eclipsed by other services in the future.

As Travis Kalanick resigns, Canadian co-founder Garrett Camp says Uber was too focused on growth (BETAKIT)

Investors pushed Kalanick to resign.

SaaS startups look to monthly revenue models to spark growth(FINANCIALPOST)

FileFacets offers software that helps customers manage their information, but rather than install it, it pays Microsoft to run it in the cloud, then charges clients a monthly fee to access it.

Boston chatbot startup raises $8M from newcomer Glasswing Ventures(BIZJOURNALS)

Talla is using its AI capability to build a chatbot that can handle basic tasks within an organization’s human resources or IT operations.

Hootsuite launches lead-generation platform for sales reps as it doubles down on enterprise(BETAKIT)

The platform is a complement to Hootsuite’s employee advocacy platform, Amplify.

Exclusive: HR SaaS startup Darwinbox raises Series A funding(VCCIRCLE)

The HR management platform raised $4 million from Lightspeed India Partners LLC, with participation from Endiya Partners, Mohandas Pai’s 3one4 Capital Advisors LLP. and Startupxseed Ventures LLP.

League kicks off US expansion with plans for massive $100M USD round by 2018(BETAKIT)

League plans to be in the top 10 US metro areas by summer 2018.

Q&A: AppDynamics CIO sees SaaS as the future of mobile management(COMPUTERWORLD)

The key to success? Working closely with the information security team, says Brian Hoyt.

Three important strategies for SaaS startups(FORBES)

Not only do SaaS startups have to constantly provide valued services to keep up with the high demand of businesses across the globe, but they also have to improve their marketing and lead generation efforts in order to remain competitive. Here are three ways they can do this.

Logojoy raises $900,000 seed round to stay ahead of design automation space(BETAKIT)

The funding was led by a collective group of investors, including Corey Hawtin, TWG and Caravan Ventures lead investor Dominic Bortolussi, SurePath Capital’s Mark MacLeod, B12 Labs founder Nitesh Banta, and others.


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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