S|W: The SaaS Weekly – Has SaaS become commodified?

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!

Shopify launches app allowing merchants to create QR codes(BETAKIT)

The app helps businesses serve their customers offline.

Oracle’s stock dropped almost 8% after it gave a disappointing earnings forecast(BUSINESSINSIDER)

Oracle has been struggling to catch up with Amazon and Microsoft in cloud services, and investors have been closely scrutinizing its efforts.

Vancouver-based Foodee raises $10 million to continue North American expansion(BETAKIT)

Foodee is also one of the first companies to receive investment from the BC Tech Fund.

Heptio raises $25M Series B to help bring cloud-native computing to the enterprise(TECHCRUNCH)

Heptio’s round was led by Madrona Venture Partners, with participation from Lightspeed Venture Partners and Accel Partners.

Has SaaS become commodified?(TOMTUNGUZ)

“A founder asked me if we had reached the point that SaaS is commodified. ‘Can you build a venture scale SaaS company anymore?’ He made three key points to support the argument,’ says Tomasz Tunguz, a VC at Redpoint.

Lyft reportedly expanding into Canada this year(BETAKIT)

This would mark the company’s first foray outside of the US since its launch in 2012.

Four tips to optimize your B2B SaaS website for high conversions(FORBES)

One of the myths of SaaS business is that you can use generic conversion optimization tips to improve conversions from your website. But with SaaS, there are some key differences that should affect your approach to optimization.

Soundcharts is an analytics tools for music artists and labels(TECHCRUNCH)

The company just raised $3.1 million from Alven Capital, as well as Kima Ventures and Global Founders Capital.


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.

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