S|W: The SaaS Weekly – Gaining ground in SaaS

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

Ritual raises $53 million Series B

The company plans to use the funding to expand into more US cities.


Techrepublic

Amazon crushing IaaS cloud competition, Oracle gaining ground in SaaS and PaaS

Amazon Web Services has more than double the market share of its next nine IaaS competitors combined. But for Oracle’s cloud ambitions, it just might have a shot in PaaS and SaaS.


BetaKit

Toronto-based Trellis raises $2.5 million from Snoop Dogg’s venture firm

Trellis’ software helps cannabis-related businesses comply with US inventory management and security requirements.


SiliconANGLE

Cloud-based communications startup Dialpad lands $17M more in funding

Dialpad raised the funds from the Section 32 fund headed by Bill Maris, who is best known for founding Google’s GV venture capital arm.


VentureBeat

IVP raises $1.5 billion for its 16th fund, targeting late-stage startups

IVP XVI will target new later-stage companies in sectors that include Software-as-a-Service (SaaS), security, consumer products, and cryptocurrency.


BetaKit

Competitor intelligence platform Klue launches with $4 million in funding

Klue’s platform targets B2B tech companies, and enables them to keep track of competitors’ businesses.


TechCrunch

ProsperWorks raises $53M for its G Suite-centric CRM service

The round was led by Norwest Venture Partners, with participation from Google Ventures.


Livemint

Transerve, a geospatial technology startup, raises $1.6 million

Transerve has received the funding from IL&FS Investment Managers and Omidyar Network in a Series A round.


BetaKit

Transit raises $5 million with mission to make car ownership obsolete

The company raised a $2.4 million seed round in September 2016.



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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.