S|W: The SaaS Weekly – Lightspeed ReUps

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!


Lightspeed acquires ReUp, rebrands it to Lightspeed Loyalty

Lightspeed now has a loyalty solution integrated and geared towards apparel boutiques, pet stores, quick service establishments, and fine dining restaurants.


SaaS Startup Quali Systems Raises $22.5 Million

Quali Systems offers a cloud-based platform for the automation of software testing and other DevOps processes.


Finalcad, the mobile platform for the construction industry, raises $40M Series C

Finalclad has developed a SaaS and mobile app to help construction workers and other construction stakeholders collaborate digitally.


Espresso Capital opens Montreal office

Launched in 2009, Espresso Capital provides flexible and non-dilutive funding options to Canada’s tech industry, including funding to over 240 Canadian SaaS companies and other technology firms.


Software marketplace G2 Crowd acquires Siftery to fold software usage into its dataset

G2 Crowd has been establishing itself as a place where IT buyers can discover and buy software and services for solving specific issues; and if they already are already using or considering a product, a place where they can read other’s reviews and compare it against competitors.


HubSpot launches $30 million fund for SaaS startups

The newly formed investment arm of the marketing and sales company will support seed, Series A, and Series B rounds, with limited support for Series C rounds.


Pursuit, formerly Revlo, acquired by Twitch

Pursuit acted as an advanced analytics engine for Overwatch and Fortnite.


InVision, valued at $1.9 billion, picks up $115 million Series F

The design collaboration startup now sees $100 million in annual recurring revenue.


Vietnamese SaaS platform Base raises US$1.3M in pre-Series A funding round

The funding was led by Alpha JWC Ventures and Beenext.


Lori Casselman joins TribalScale as president and COO

In the past, Casselman served as League’s chief health officer.


Tigera raises $30M in Series B funding

The round was led by Insight Venture Partners, with participation from existing investors Madrona, NEA, and Wing.


Scooter-share platform Joyride planning global expansion

Launched in 2015, Joyride’s scooter-share platform targets the Canadian and UK markets.


Solo.io raises $11M in Series A funding

Solo.io develops open source and enterprise software for enterprises to adopt and operate innovative cloud native technologies like microservices, serverless and service mesh.

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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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