S|W: The SaaS Weekly – Compensating SaaS sales

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

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SaaS North 2017

Wattpad launches subscriptions, reportedly looking to raise $50 million with Tencent(BETAKIT)

Tencent will reportedly be part of a $62 million deal.

SaaS North Recommends: Finding the needles in the haystack: How to meet journalists at conferences(THENEXTWEB)

“The best way to be noticed by journalists is to actually get involved with the events, either as a speaker, by joining a panel, or by running a workshop. The fact that you have been offered the stage shows the media that you are an expert in your field and that you have interesting insights to share.”

Duo Security raises $70 million at a valuation north of $1 billion(TECHCRUNCH)

Duo Security, which provides cloud-based software that organizations use to authenticate computer users, raised the funding from Index Ventures and Workday, with participation from existing investors.

Shopify adding 300 to 500 new jobs at Waterloo office(BETAKIT)

The new positions in Waterloo will focus on growing Shopify Plus.

How much to compensate SaaS sales teams for new sales, renewals, and expansions(TOMTUNGUZ)

Developing the sales motions, customer success sophistication, and compensation structures to enable growth is an essential skill of enduring SaaS businesses.

Two Google alums just raised $60M to rethink documents(TECHCRUNCH)

Coda, which aims to put apps, documents, and spreadsheets in a single platform, raised $60 million in funding from Greylock Partners, Khosla Ventures, and General Catalyst.

Bridgit announces new CRO(BETAKIT)

Sean Erjavec will be taking this leadership role after 10 months as Bridgit’s EVP of sales.

Contrast Security raises $30M for ‘self-protecting’ application software(SILICONANGLE)

Contrast Security’s Series C funding round was led by Battery Ventures, with participation from existing investors General Catalyst and Acero Capital.


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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