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The new expansion will place the company’s headcount in Toronto over 500 employees within the next few years.
This latest round was led by Samsung’s Catalyst Fund, with Icon Ventures, NEA and Lightspeed Venture Partners also participating.
In addition to the new Toronto HQ, Microsoft has committed $570 million to developing its presence in Canada, and $10 million to the Cascadia Innovation Corridor.
Wasabi is going after fat data targets like media and entertainment and genomics, where they believe companies looking for the best price possible will bypass the big three — Amazon, Google and Microsoft — to build a more cost-effective storage solution.
Bonfire will merge with five other ‘Govtech’ SaaS and cloud platforms to form a new publicly traded company.
Spending money on marketing and sales will only give results when you adopt a strategy that has worked in the past.
The event takes place on September 18. BetaKit readers can get a 100% discount on tickets with the promo code BetaKit_FM.
Globally speaking, Gartner predicts that by 2021, cloud revenues will total $278 billion.
“I would focus on quality and prioritize the things that have the biggest impact for your customer and your vision.”
The funding was led by Cathay Capital, with participation from CAS Holding.
Zendesk snaps up SF sales software platform (BIZJOURNALS)
Zendesk has acquired FutureSimple Inc., the company behind sales automation software Base, for an undisclosed price, the move fueling its leap into the CRM arena.
Q4’s last funding round was a $22 million Series B in 2016.
Supdate offers SaaS for businesses to create and share company news and metrics with shareholders.
Raleigh’s Pendo raises $50 million to expand its cloud-based product platform to the EU (VENTUREBEAT)
The funding was led by Palo Alto’s Sapphire Ventures, with participation from existing investors Pendo investors Battery Ventures, Spark Capital, Meritech Capital, and Contour Venture Partners.