S|W: The SaaS Weekly – Enterprise-grade

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

Slack reportedly raising $250 million with $5 billion valuation

Accel reportedly led the financing with Japan-based SoftBank.


TechCrunch

WalkMe raises $75M at a ‘$935M’ valuation for its on-screen guidance tech

WalkMe, which has built a cloud-based platform for businesses to make web and mobile interfaces and experiences easier to navigate with on-screen guidance and prompts, raised the funds from Insight Venture Partners and other undisclosed investors.


Forbes

After Microsoft’s dazzling Q4, can Amazon or Salesforce catch up in the cloud?

What’s particularly striking about Microsoft’s rapid ascension in the enterprise cloud—its annualized cloud revenue run rate is now $18.9 billion—is that it’s occurring even as its closest competitors, Amazon and Salesforce, are themselves performing brilliantly.


BetaKit

OpenText set to acquire forensic security firm Guidance Software for $300 million

OpenText said the acquisition is expected to complement its Discovery portfolio of software and services.


SaasTR

Monetize your SaaS APIs for analytics

There is an explosion of Big Data and analytics happening right now outside of your cloud perimeter.


techcrunch

Workflow automation startup Workato announces $10M Series A

The round was led by Storm Ventures with participation from strategic investors Salesforce Ventures and Workday Ventures.


Inc42

Noticeboard raises $1.2M funding from Stellaris and angel investors

Noticeboard, a staff communication platform, plans to use the funding to strengthen its design team and develop new products and technologies.


BetaKit

Cyclica raises additional $2.25 million for platform that predicts drug effectiveness

Cyclica raised its $2.4 million Series A in September 2016.


Forbes

Raleigh-based startup, Pendo, hires four Valley tech execs showcasing a national trend

The new additions to Pendo’s exec team not only point to the strength of Pendo’s product but also to a larger trend in tech: the migration of top talent out of Silicon Valley and into growing tech hubs across the US.


CloudTech

A guide to simplifying private cloud management with SaaS

Here, we will see how the use of SaaS simplifies on-premises cloud operations in three areas: provisioning and configuration, monitoring, and management.


BetaKit

Sortable announces two key hires for new Toronto office

Jennifer Fields, who was formerly the head of national agency sales at Kijiji, is joining as Sortable’s head of strategic partnerships; while Lila Hunt, who has served in several roles at Index Exchange, is joining as the publisher solutions architect.



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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.