S|W: The SaaS Weekly – Key issues for SaaS financing

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

AccessNow gets $2.7 million from federal government for accessibility platform

AccessNow will use the investment to open up the technology’s functionality, pursue community partnerships, in addition to new features that the startup plans to announce later on.



TechCrunch

CRV hires Anna Khan as a general partner focused on enterprise

Khan joins from Bessemer Venture Partners where she’s served as a vice president since 2016.


12 key issues for SaaS startups seeking financing

The most notable SaaS companies occupied seven of the top 10 verticals by venture capital deal activity recently, and three of the top 10 by investments.


BetaKit

Invixium raises $4.5 million CAD in in debt financing for biometric security solution

Invixium’s solution consolidates data capture devices and software that provide precise audit trails of access and meaningful analytics to businesses, in order to increase productivity and security.


Monday.com raises $150M at $1.9B valuation as its revenue more than doubles in 2018

The firm’s fresh $150 million Series D values it at $1.9 billion, a multiple of its preceding $550 million post-money valuation set during its mid-2018 Series C.


TechCrunch

Unpacking DoorDash’s $410M Caviar acquisition

The decacorn’s decision to drop $410 million in cash and stock on an asset that Square had spent around $90 million on was nearly confusing.


SaaS startup Vymo raises $18 Mn Series B funding

The investment was led by Emergence Capital. Existing investor Sequoia India also participated in the round.


BetaKit

Rockport Networks receives $2.9 million loan from FedDev Ontario

Ottawa-based SaaS startup Rockport Networks has received a $2.9 million loan from the federal government’s FedDev Ontario program, to help commercialize its autonomous networking solution.


TechCrunch

Catalyst raises $15M from Accel to transform data-driven customer success

The company had previously raised $3 million from NYC enterprise-focused Work-Bench and $2.4 million from True Ventures. Both firms participated in this new round.



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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.