S|W: The SaaS Weekly – More Slack rumours

Slack socks

The SaaS Weekly is a weekly newsletter covering the major SaaS news from Canada and around the globe.

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Slack reportedly raising $500 million USD, attracting takeover interest from Amazon(BETAKIT)

Slack also reportedly has a projected revenue of $1 billion next year.

ShipBob raises $17.5 million to help ecommerce businesses with shipping and logistics(VENTUREBEAT)

The round was led by Bain Capital Ventures.

Top Hat raises $9 million, launches collaborative platform to disrupt textbook publishing industry (BETAKIT)

Top Hat’s Marketplace allows professors to publish, share, and collaborate with peers on course material.

Submission management startup Submittable raises $5 million(TECHCRUNCH)

Submittable, which is used by more than 9,000 companies to manage submissions, raised the Series A from True Ventures.

SaaS HR software dominates as cloud HCM systems proliferate(TECHCRUNCH)

Big HCM vendors have moved decisively to SaaS HR software platforms and are increasingly adding talent management, employee engagement and other new tools to supplement core HCM functions, according to a report from Forrester Research.

Mappedin collaborates with Apple to offer indoor mapping services in US malls(BETAKIT)

Through the collaboration, mapping updates made within Mappedin’s platform will be reflected in Apple Maps when Apple launches iOS 11 this fall.

Goodera raises $5.5M from Nexus Venture Partners, others(INC42)

Goodera, a CSR and sustainability management platform, raised the Series A from Nexus Venture Partners and Omidyar Network. Former Head of Global Operations at Airbnb, Varsha Rao, also participated in the round.

FraudScope raises $1.5M in seed funding(FINSMES)

FraudScopem an enterprise SaaS platform aimed at reducing healthcare billing claims fraud, waste, and abuse, raised the round from Spider Capital and GRA Venture Fund, with participation from others.

Hootsuite plans to open office in Vancouver’s new tech campus(BETAKIT)

The new building will become the first phase of a plan to build a major digital media and tech hub in the district.


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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