The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.
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OpenText acquires California-based filesharing company Hightail(BETAKIT)
Hightail currently boasts 5.5 million enterprise and individual customers.
The impact of blockchain on SaaS (TOMTUNGUZ)
Much of the conversation today about crypto is about bitcoin and currency. But that’s myopic. Soon, we will be talking about how crypto will change the software world.
GM launches carsharing app in Toronto (BETAKIT)
Maven is an Android and iOS app designed by General Motors that allows users to rent, locate, and unlock consumer vehicles for personal users, with no sign-up or membership fees to begin using the service.
InfluxData scores $35 million Series C to expand time series database business(TECHCRUNCH)
Influx Data, which is built on top of the open source time series database platform, raised the funding from Sapphire Ventures, with participation from existing investors.
Lyft plans expansion to Ottawa (BETAKIT)
US-based ride-sharing service Lyft is expanding its Canadian operations.
XebiaLabs raises $100M to help enterprises speed DevOps software development (SILICONANGLE)
The Series B round was led by Susquehanna Growth Equity and Accel. It brings XebiaLabs’ total funding to date to more than $120 million.
Slack adds Edith Cooper to board of directors (TECHCRUNCH)
As Slack prepares “for accelerated growth at scale,” Slack CEO Stewart Butterfield wrote in a blog post, Cooper marks Slack’s second independent board member.
Loopio raises $11 million CAD to help enterprises streamline the RFP process (BETAKIT)
Loopio wants to grow to 100 this year.
DroneBase raises $12 million to bring augmented reality to aerial drone imagery (VENTUREBEAT)
DroneBase, which provides businesses with drones that capture aerial photos and videos for specific industrial work, raised the funding from Union Square Ventures and Upfront Ventures.
Oracle to expand automation capabilities across developer cloud services (TECHCRUNCH)
The automation will be applied to a broad array of Oracle services in order to remove a significant amount of the complexity and reduce the time and cost associated with launching, running, and maintaining cloud services.
GoFetch has raises $3.4 million for dogwalking app (BETAKIT)
The automation will be applied to a broad array of Oracle services in order to remove a significant amount of the complexity and reduce the time and cost associated with launching, running, and maintaining cloud services.
Oracle buys DDoS software maker Zenedge (ZDNET)
The acquisition is mean to help expand Oracle’s cloud infrastructure and Domain Name System capabilities.
4 things Canadian tech learned at #SaaSTR (BETAKIT)
At the heart of discussions around new tech at SaaStr was perhaps the biggest theme of the event: the need to solve big problems.
