S|W: The SaaS Weekly – More than monthly subscriptions

SaaS

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!


BROUGHT TO YOU BY:


BetaKit

Intellitix Technologies acquires majority stake in event management platform CrowdBlink

Cashless payment specialist Intellitix Technologies has acquired a majority stake in Edmonton-based CrowdBlink, an event management platform company.


RECOMMENDED BY SAGE INTACCT:

Finance’s Guide to Automating Your Subscription Business

With the subscription economy, you’re focusing on longer-term customer relationships vs. transactions. And that means downstream complexity with billing, revenue recognition, forecasting, and SaaS metrics.

Download this eBook to learn more about automating your subscription business, accelerating the quote-to-cash cycle, and the five steps you can take better manage your financials.


TechCrunch

Shipamax scores $7M Series A to digitise the logistics back-office

Shipamax, the London-based startup and YC graduate that is helping freight forwarders and other logistics companies automate their back-office processes, has raised $7 million.


SaaS is about more than monthly subscriptions

Unless you’re providing regular support and wider platform options, you’re just fleecing customers on a monthly basis.


BetaKit

TextNow inks nationwide talk & text plan deal in US, as CRTC set to review Canadian MVNO practices

TextNow, the Waterloo-based free text and phone service startup, announced it is now able to offer a free nationwide talk and text plan in the US.


Email platform Front raises $59 million from workplace collaboration alliance

Rather than being led by venture capital firms, the San Francisco-based company cobbled together a consortium of entrepreneurs who are also focused on defining the future of work.


TechCrunch

Verkada raises $80M at $1.6B to be every building’s security OS

The plan was to keep data secure yet accessible and train its cameras to take clearer photos when AI detects suspicious situations instead of just grainy video.


BetaKit

Today in funding: Contxtful, Lexop

Two Canadian startups have raised fresh funding rounds. Here’s the latest on who raised how much, from whom, and what they’ll be putting the new funds toward.


Nigerian-founded trucking startup, CloudTrucks raises $6.1 million to help increase revenue for truckers in the United States

Trucking business is big business and at the root of every economy. A Nigerian, Tobenna Arodiogbu has launched CloudTrucks to meet the core needs of truckers in the United States.


Salesforce Stock: SaaS juggernaut must evolve

The question Salesforce must answer, especially in the aftermath of large acquisitions, is if the company can reinvent itself to capture more of the addressable market.


TechCrunch

Mural raises $23M Series A after history of capital-efficient growth

How did the company raise 10 times its prior total in one round, and why did it pursue so much money in a single shot?



Subscribe to S|W: The SaaS Weekly Newsletter

* indicates required




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.