The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.
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Shopify reveals Amazon-style fulfillment centres, 3D product display at Shopify Unite(BETAKIT)
The Shopify Fulfillment Network will provide US-based merchants with a network of various fulfillment centres.
Microsoft bans Slack and discourages AWS and Google Docs use internally(THEVERGE)
The Slack ban isn’t primarily driven by Microsoft’s competing Teams product, though. Microsoft is reportedly concerned about the security aspects of Slack Free and Slack Plus.
L-Spark Accelerator opens applications for sixth B2B SaaS cohort(BETAKIT)
L-Spark aims to scale Canadian companies into globally competitive firms by nurturing rapid month-over-month growth.
SaaS startup Druva becomes India’s latest unicorn after raising $130 million(DEALSTREETASIA)
With the latest capital infusion, total capital raised by Druva stands at $328 million.
Blue Prism acquires UK’s Thoughtonomy for up to $100 million to expand its RPA platform with more AI(TECHCRUNCH)
Blue Prism, which helped coin the term RPA when it was founded back in 2001, has announced that it is buying Thoughtonomy, which has built a cloud-based AI engine that delivers RPA-based solutions on a SaaS framework.
Slack shares surge after direct listing on the NYSE(BETAKIT)
Prior to the filing, Slack was valued at $7 billion USD, with the public listing valuation rising to around $22 billion.
Valimail raises $45 million to thwart email phishing attacks(VENTUREBEAT)
Anti-phishing startup Valimail has raised $45 million in a Series C round of funding from Insight Partners.
NorthStar wants to take Earth and space monitoring service global(BETAKIT)
NorthStar plans to launch a constellation of satellites that will monitor Earth’s ecosystem and orbit.
‘The Operators’: Acceleprise partner Whitney Sales and Docsend CEO Russ Heddleston on how to grow your sales strategies(TECHCRUNCH)
The Operators highlights the experts building the products and companies that drive the tech industry.
Live streaming platform LiveScale raises $1 million in first round of funding
Montreal-based LiveScale, offering a live video platform allowing its customers to broadcast events on multiple social networks and websites simultaneously, has closed a $1 million round.