S|W: The SaaS Weekly – Expanding Canada’s carsharing market

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

OpenText acquires California-based filesharing company Hightail

Hightail currently boasts 5.5 million enterprise and individual customers.


tomtunguz

The impact of blockchain on SaaS

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.


bk

GM launches carsharing app in Toronto

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.


techcrunch

InfluxData scores $35 million Series C to expand time series database business

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.


bk

Lyft plans expansion to Ottawa

US-based ride-sharing service Lyft is expanding its Canadian operations.


siliconANGLE

XebiaLabs raises $100M to help enterprises speed DevOps software development

The Series B round was led by Susquehanna Growth Equity and Accel. It brings XebiaLabs’ total funding to date to more than $120 million.


techcrunch

Slack adds Edith Cooper to board of directors

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.


betakit

Loopio raises $11 million CAD to help enterprises streamline the RFP process

Loopio wants to grow to 100 this year.


venturebeat

DroneBase raises $12 million to bring augmented reality to aerial drone imagery

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.


techcrunch

Oracle to expand automation capabilities across developer cloud services

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.


betakit

GoFetch has raises $3.4 million for dogwalking app

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.


zdnet

Oracle buys DDoS software maker Zenedge

The acquisition is mean to help expand Oracle’s cloud infrastructure and Domain Name System capabilities.


betakit

4 things Canadian tech learned at #SaaSTR

At the heart of discussions around new tech at SaaStr was perhaps the biggest theme of the event: the need to solve big problems.



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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.