S|W: The SaaS Weekly – Quadruple play

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

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Unbounce launches new initiative to help business leaders prioritize gender pay parity (BETAKIT)

Unbounce has launched Pay Up for Progress, a new initiative that urges Canadian business leaders to gender pay parity in their organizations.

Hootsuite has not notified ICE of contract cancellation after employees denounce deal (THE GLOBE AND MAIL)

Hootsuite chief executive officer Tom Keiser said the Vancouver-based company would not proceed with the three-year deal after an employee publicly stated that more than 100 employees had vocally opposed it.

Following COVID-19 layoffs, Busbud looks to evolve biz with $15 million Series C (BETAKIT)

Busbud, a Montréal-based travel startup specializing in intercity bus tickets, has raised a $15 million Series C round of financing.

Inside Facebook’s quadruple play: How the company is finally melding its apps (FAST COMPANY)

The social behemoth is weaving together Facebook, Instagram, Messenger, and WhatsApp even as watchdogs and regulators close in. No big deal: Only democracy hangs in the balance.

Late-stage AI deals push Waterloo Region’s venture funding to five-quarter high in Q2 2020 (BETAKIT)

Venture funding in the Waterloo Region reached $148.6 million in the second quarter of 2020, largely driven by two large investments into AI startups.

84% of Canadians rethink doing business with firms hit by data breach, poll finds (BNN BLOOMBERG)

A large majority of Canadians are reluctant to do business with companies that suffer a data breach, according to a new study released by KPMG.

Federal government’s CERB replacement measures pass in the House (BETAKIT)

The federal government has passed a new bill that would replace the program with three new streams of federal COVID-19 benefits.

What to know about Asana, the productivity app built by former Facebookers, as it goes public (CRUNCHBASE)

The company joins Palantir Technologies this week in its public market debut, capping off a busy month of public listings.

Today in funding: Thinkific, Attendease, Replica Analytics, HealthTech Connex

Four Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised.

Amnesty International slams Palantir’s human rights record (CBS NEWS)

Amnesty singled out Palantir’s contracts with the U.S. Department of Homeland Security as well as Immigration and Customs Enforcement.

Today in acquisitions: Founded, 7Geese (BETAKIT)

Over the past week, two Canadian tech companies have been acquired. Here’s the latest on Canada’s movers and shakers.

Airbnb seeks to raise roughly $3 billion in IPO (CNBC)

Airbnb will be one of the largest and most anticipated U.S. stock market listings of 2020 which has already been a blockbuster year for IPOs.

Edtech startup OneClass to pay $100,000 for allegedly violating anti-spam legislation (BETAKIT)

Toronto-based EdTech startup OneClass will pay $100,000 for allegedly violating Canada’s Anti-Spam Legislation.

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.

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