The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.
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Wattpad notifies users, shares new details of reported data breach (BETAKIT)
Wattpad notified users that some of their data, such as email addresses, birth dates, IP addresses, encrypted passwords, “may have been improperly accessed.”
Singapore-based marketing SaaS startup Insider gets $32 million to enter the US (TECHCRUNCH)
Insider, a Singapore-based startup that develops software to help clients make marketing decisions, plans to launch in the United States after raising a $32 million Series C.
Toronto’s Cryptonumerics acquired by Snowflake (BETAKIT)
Toronto-based enterprise software startup Cryptonumerics has been acquired by Snowflake Inc., the California-based cloud-based data-warehousing startup that is anticipated to go public on the Nasdaq later this year.
Google reportedly keeps tabs on usage of rival Android apps to develop competitors (THE VERGE)
Data has been used to monitor usage on Gmail’s competitors, sources claim.
Vision Critical raises $26.7 million CAD in growth debt financing (BETAKIT)
Vision Critical, a customer experience management startup, has secured $26.7 million CAD ($20 million USD) in growth debt financing.
Slack files EU antitrust complaint against Microsoft for bundling Teams with Office (VENTUREBEAT)
Slack has filed an anticompetition complaint against Microsoft in Europe, arguing that the software giant “illegally” bundles Teams into its omnipresent Microsoft Office product.
Clutch raises $7 million CAD seed round to expand online used car retail platform (BETAKIT)
Online car retailer Clutch, which sells used vehicles in Toronto and Halifax, has raised $7 million CAD in a seed round led by new investor Real Ventures.
Signal’s newest feature shows why putting privacy first is so hard (FAST COMPANY)
The privacy-first messaging app recently rolled out an opt-out feature that was criticized by security experts and panned by users.
Startups are already moving data and employees out of Hong Kong over its new security law (FORTUNE)
China’s sweeping national security law has forced technology firms to reconsider their presence in Hong Kong.
