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!
Locke Bio has emerged from stealth mode with a platform that allows companies to launch direct-to-consumer digital health and pharmaceutical brands.
What is data for your company – a resource or a risk? A leg-up or a liability? The key to getting twice as much out of data investments this year is a curated catalog of internal and external data (Gartner). But juggling shareability and security isn’t easy.
A data catalog can help. Centralized data, granular access controls, and simple collaboration are all essential components of good data governance. What’s more, a data catalog makes it easier to audit data access and comply with data privacy regulations.
Learn how your organization can innovate easily and securely with a data catalog solution.
Roblox tops $45 billion on first day of trading as gaming booms (NEW YORK TIMES)
The gaming site, valued at $4 billion a year ago, has benefited from the way children are passing their time in the pandemic.
Toronto-based Trufan has raised a $2.3 million CAD seed round of funding as the company looks to consolidate its two core products.
Gig workers and employment lawyers say Uber’s new proposal allows the company to continue to avoid treating its couriers and drivers fairly and to keep them in a state of precarity.
Wrapbook raises $34 million CAD to capitalize on digital transformation in entertainment industry (BETAKIT)
Wrapbook, a Toronto and New York-based startup at the intersection of entertainment and FinTech, has raised a $34 million CAD Series A round led by Andreessen Horowitz.
Google says Microsoft’s stance on news is effort to distract from hack (WALL STREET JOURNAL)
Two giants with a history of sparring trade shots over tech’s impact on news industry.
Pinterest has revealed plans to expand its Toronto presence with 50 hires and an engineering hub in the city.
How Line is fighting disinformation without sacrificing privacy (REST OF WORLD)
The chat app’s Fact Checker program is proving that private messaging platforms can do more to moderate harmful content.
To date, PitchPoint told BetaKit it has raised approximately $11 million in funding.
The new safeguard, dubbed the “sharing safety program,” will be overseen by HireRight, a specialist in background checks.
Toronto-based Emerge Commerce, which owns and operates e-commerce brands, has closed $11.9 million in the first tranche of a private placement.