S|W: The SaaS Weekly – Hootsuite IPO plans now a 2022 resolution

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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!

Hootsuite eyes 2022 as “window has closed” for new Canadian tech IPOs (BETAKIT)

While Hootsuite’s IPO dreams might not be dashed, they are delayed, as a frigid public market response to tech IPOs has motivated the Vancouver-based social startup to reevaluate its timelines.


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China asks Didi to delist from U.S. on security fears (BNN BLOOMBERG)

The country’s tech watchdog wants management to take the company off the New York Stock Exchange because of concerns about leakage of sensitive data, the people said, asking not to be identified discussing a sensitive matter.

Constellation Software launches $200 million venture fund to find potential acquisitions (BETAKIT)

Of those receiving financing, most will either have been incubated or identified by a sponsoring Constellation business unit, according to the company.

NoBroker becomes India’s first proptech unicorn with fresh $210 million funding (TECHCRUNCH)

An Indian startup that is improving the way millions of people in the nation lease or buy an apartment is the latest firm to become a unicorn in the South Asian market.

BetaKit Live: How to drive growth and innovation through impact investing (BETAKIT)

In the next BetaKit Live on Thursday December 2, leaders from TELUS Pollinator Fund for Good, the Global Impact Investing Network, and Gotcare explain the corporate venture capital and impact investing space.

Gotcare, Nectar raise seed funding supported by Telus’ corporate impact fund (BETAKIT)

The two Canadian tech firms aim to help address a pair of particularly pressing social and environmental issues.

Amazon struggles to break into the SaaS business applications market (BUSINESS INSIDER)

Inside Amazon’s struggle to break into the lucrative market for SaaS business applications, including an internal pitch to buy $38 billion HubSpot.

Tempo acquires Toronto’s Roadmunk to unify roadmaps and team management software (BETAKIT)

Most recently, Roadmunk placed 45th in Deloitte’s Technology Fast 50 list and 434th on its Fast 500 list with a percentage growth of 264 percent.

Pinterest settles shareholder lawsuit over workplace culture (NBC NEWS)

The company is also releasing former employees from nondisclosure agreements.

Dax Dasilva on using Lightspeed learnings to address the world’s climate crisis (BETAKIT)

Dasilva, one of the most outspoken CEOs in Canadian tech regarding social issues, stressed the importance of leading by example, embracing discomfort, and giving back during the November Patreon-exclusive BetaKit Live event, titled “Dax Dasilva on making a difference.”

Versaterm to bolster public safety software with acquisition of Komutel (BETAKIT)

Ottawa public safety tech firm Versaterm has acquired Komutel, a Saint-Georges, Québec-based communications solutions startup for emergency services providers.

Will Bobby Kotick survive the Activision Blizzard reckoning? (PROTOCOL)

Activision Blizzard’s CEO is under immense pressure to step down amid the ongoing sexual harassment and discrimination crisis.

Trulioo’s Steve Munford says a unicorn valuation is part of the journey, not the destination (BETAKIT)

In a series of interviews from SAAS NORTH, BetaKit spoke to Trulioo’s Steve Munford about how achieving a billion-dollar valuation is only part of the journey to success, not the destination, and Unbounce’s Tamara Grominsky about how developing a category alongside a product increases a company’s odds of finding product-market-fit and becoming a winner.

Previously bootstrapped, appointment booking solution Booxi raises $1.5 million (BETAKIT)

The company was founded in 2013 by Daniel Laplante, Elie Perez, and Marc-André Bruneau with a mission to “make commerce more human.”

Josh Scott

Josh Scott

Josh Scott is a BetaKit reporter focused on telling in-depth Canadian tech stories and breaking news. His coverage is more complete than his moustache.

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