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!
Ceridian plans to hire 2,000 employees across Canada over five year period(BETAKIT)
Ceridian is hiring across its Canadian offices, including in Toronto, Ottawa, Montreal, Winnipeg, Halifax, and Calgary. Ceridian currently services over 40,000 customers in Canada, and claims that it processes payroll for one-fifth of all Canadians.
The Ultimate Checklist for Choosing Subscription Billing Software(SAGE)
At a minimum, a modern billing and accounting system for SaaS or tech companies should automate and streamline core financial management functions such as A/R, A/P and the financial close. But you can hardly fuel your growth and need for accountability and transparency by simply automating the minimum.
Download this checklist to help you evaluate SaaS accounting software solutions and ensure you get the modern features you need in your new system.
Good news for enterprise startups: SaaS helped kill the single-vendor stack(TECHCRUNCH)
In the old days of enterprise software, when companies like IBM, Oracle and Microsoft ruled the roost, there was a tendency to shop from a single vendor. You bought the whole stack, which made life easier for IT — even if it didn’t always work out so well for end users, who were stuck using software that was designed with administrators in mind.
Calgary-based Virtual Gurus secures $1.2 million(BETAKIT)
Founded in 2016, Virtual Gurus matches businesses with freelancers using a proprietary algorithm. The company allows users and businesses of any size who need support to select their own dedicated assistants based on their requirements.
Paris-based CybelAngel raises €32.9 million Series B to help companies manage digital risk(EU-STARTUPS)
The demand for this kind of service is growing, as enterprise data is now shared on more third-party platforms than ever before. The World Economic Forum’s Global Risks Report 2019 ranks data theft and cyber attacks among its top five global risks, making due diligence on company data protection an essential part of today’s companies activities.
Shoplogix acquires IndustriOS(BETAKIT)
Shoplogix, which combines analytics and visual reporting to help manufacturers, has acquired IndustriOS Software, which provides manufacturers the tools to make business decisions. Terms of the deal were not disclosed.
Sixgill raises $15M to expand its dark web intelligence platform(TECHCRUNCH)
The company uses its tech to automatically monitor dark web forums and marketplaces for potential threats and then find those that could affect its clients. Users can either access Sixgill through its SaaS platform or install it on-premises. For enterprises and agencies that don’t have their own staff to run the service, Sixgills also offers access to its internal analysts.
Oracle eyes regulated cos to keep the SaaS ball rolling in India(DQINDIA)
Arun Khehar, SVP-Applications, Oracle ECMEA explains how the new Gen 2 Cloud datacenters will help the company to tap the fast-growing SaaS market in India.
Oxx, a new European VC dedicated to SaaS, raises $133M fund(TECHCRUNCH)
Headquartered in London and Stockholm, the VC is pitching itself as a dedicated SaaS-focussed fund, and it will invest broadly across software applications and infrastructure.
