S|W: The SaaS Weekly – Money talks, TikTok walks

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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!


Fable Tech Labs raises $2 million seed round to bring accessibility to digital products (BETAKIT)

Fable Tech Labs, which aims to help businesses make their technology accessible to people with disabilities, has raised a $2 million CAD seed round.


LATEST JOBS

Contractor Compliance – Full Stack PHP Developer

NPower Canada – Technical Education & Learning Specialist

iTMethods – Sales and Renewals Administrator

See more jobs and post your own on Jobs.BetaKit (powered by Jobbio).


Hevo draws in $8 million Series A for its no-code data pipeline service (TECHCRUNCH)

Hevo enables its clients’ employees to integrate data from more than 150 different sources, including enterprise software from Salesforce and Oracle, even if they don’t have any technical experience.


SaaS startup Conexiom raises $40 million in strategic growth financing (BETAKIT)

Vancouver-based Conexiom, which offers sales order and invoice automation solutions, has secured $40 million in strategic growth financing.


ByteDance CEO confirms U.S. will force TikTok sale (DIGITAL TRENDS)

First reported by the Chinese news outlet Pandaily, Zhang’s letter confirmed that the Committee on Foreign Investment in the United States (CFIUS) had decided ByteDance must sell TikTok’s U.S. operations. Trump says he’s OK with Microsoft making a bid.


Two years after acquisition of Hubdoc, Xero names Toronto as North American tech hub (BETAKIT)

New Zealand-domiciled Xero has named its Toronto office as the company’s North American hub for product development and technology innovation.


Trio arrested in Twitter hack, including 17-year-old alleged mastermind (PYMNTS)

In the worst cyberattack in Twitter’s 14-year history, hackers commandeered more than 100 high-profile accounts.


StellarAlgo closes $1.5 million to help sports, live audience sector better engage with fans (BETAKIT)

StellarAlgo, a customer data startup connecting live audience businesses with their fans, closed a $1.5 million seed extension.


How Slack could reshape the entire Big Tech antitrust debate in the U.S. (FAST COMPANY)

The outcome of Slack’s antitrust action against Microsoft and Teams may send shock waves through antitrust probes against Big Tech in the United States.


Top Hat launches new communication tool to help students, professors adapt to virtual education (BETAKIT)

Toronto-based EdTech startup Top Hat has launched Slate, a new free communication tool for students and educators.


Exclusive: European software startup Infobip raises over $200 million in Series A funding – sources (REUTERS)

The investment will help Infobip further expand in the United States through potential acquisitions, as it competes head-to-head with rivals such as San Francisco-based Twilio, the sources said.



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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.