S|W: The SaaS Weekly – Google chasing Amazon

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

SkyWatch raises $4 million to democratize satellite data

SkyWatch, which allows satellite operators to distribute data to new markets, raised the funds from Sinai Ventures and Space Angels.


venturebeat

Red Hat acquires CoreOS for $250 million to double down on Kubernetes

CoreOS’s main products include CoreOS, a Linux distribution, and Tectonic, a container management solution based on the open source Kubernetes container orchestration platform, originally developed by Google.


techcrunch

Microsoft’s Azure revenue nearly doubled year-over-year in its second quarter

Microsoft said that its Azure revenue grew 98 percent year-over-year — a long-running theme alongside many other lines that equate to Microsoft’s efforts in the cloud offsetting many of the major shifts in computing that first led Microsoft to be a behemoth.


BK

CanvasPop raises $3.3 million to turn your social media photos into wall art

Customers can turn their Instagram and Facebook photos into magnets, pillows, and canvas or framed prints.


Forbes

Oracle places huge bets on AI and machine learning to overtake Salesforce in SaaS

Already offering the largest lineup of modern SaaS applications on the market, Oracle is infusing its entire lineup of SaaS apps with machine learning and artificial intelligence to help customers become high-speed data-driven digital enterprises.


Bloombergtech

Google to create a cloud app marketplace, chasing Amazon

Google Cloud and MobileIron, which offers a cybersecurity tool for cellphones, are partnering on a new online marketplace that will allow businesses to buy cloud services and distribute them to employees, while keeping corporate data secure.


TechCrunch

German API integration startup CloudRail announces $672K seed investment

CloudRail, which provides integration services for developers, raised the funds from Ulrich Turck Family Office, SB Rheinland-Pfalz, Leonardo Ventures, BMW, and others.


BetaKit

Platterz raises $18 million and adds former GrubHub president, Lyft EVP to advisory board

The company’s last funding round was $6.7 million in April 2017.


yourstory

SaaS startup Paperflite secures $400K seed funding in round led by The Chennai Angels

Paperflite enables small and mid-sized companies to improve their sales through content-sharing tools.


techcrunch

BigID pulls in $14 million Series A to help identify private customer data across big data stores

Comcast Ventures, SAP (via SAP.io), ClearSky Security Fund, and one of the company’s seed round investors, BOLDstart Ventures, all participated in the investment.


betakit

Student-run Front Row Ventures makes first $25,000 investment

Front Row Ventures has invested in Pelcro, which helps publishers monetize their content through subscriptions.



Subscribe to S|W: The SaaS Weekly

* indicates required



Powered by MailChimp


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.