S|W: The SaaS Weekly – SaaS IPOs take off

IPO (Initial Public Offering) on coin stacks with white backgrou

The SaaS Weekly is a weekly newsletter covering the 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!

Visier rises $60 million CAD for international expansion(BETAKIT)

Visier, which provides workforce intelligence solutions, raised the round from Sorenson Capital, with participation from existing investors Foundation Capital, Summit Partners, and Adams Street Partners.

Why aren’t we celebrating women ALL YEAR LONG?(VOICEOFTHENORTH)

Jamie Petten, director of marketing at L-SPARK, highlights women making waves in the Canada’s startup and tech community.

Identity management software provider Okta files for today’s second $100M IPO(TECHCRUNCH)

Market observers see it as a potential tipping point for SaaS providers, which historically have not been embraced by investors on Wall Street.

Square CFO Sarah Friar joins Slack as first independent board member(BETAKIT)

This makes Friar the company’s first female director.

Oracle rises to record as cloud services finally take off(BLOOMBERG)

Oracle’s shares soared to a record Thursday after the maker of database software signaled growing demand for cloud-based services that compete with Amazon and Salesforce.

Cloud relief: Achieving SaaS security(ITPROPORTAL)

Enterprise cloud apps are fast becoming the future of business computing, but many organisations still have concerns around security.

Singapore based company Anchanto launches its SaaS application SelluSeller in India(BWDISRUPT)

SelluSeller, which offers ecommerce sellers a one-stop solution to manage products and inventory, has already integrated major online marketplaces like Amazon, and eBay in India.

Article moves into new headquarters to accomodate staff, product growth(BETAKIT)

Article, an ecommerce furniture and decor brand, is moving its headquarters into a 115,000 square feet warehouse.

New York-based Yext files for IPO(TECHCRUNCH)

Yext, a self-styled “knowledge engine” that helps businesses keep their listings on search engines up-to-date, has filed for an IPO. The offering is said to raise $100 million.

13 enterprise SaaS vendors that lead the market today(TALKINCLOUD)

Here’s a look at the top 13 enterprise SaaS market leaders in the fourth quarter of 2016, according to Synergy.

ServiceTitan raises $80 million in Series B funding(LABUSINESSJOURNAL)

The funding round was led by Iconiq Capital. ServiceTitan provides software that helps owners of home service businesses streamline their operations.

Jibestream partners with largest healthcare provider in western New York(BETAKIT)

Jibestream’s wayfinding technology is being used at the new Oishei Children’s Outpatient Center to help patients better navigate the space.

Singapore SaaS startup Ematic raises US$2.4M to enhance AI-based email marketing tools(E27)

The e-mail marketing company raised the Series A from Walden International, with participation from existing investors Wavemaker Partners, MDI Ventures, and Convergence Ventures.

How to grow your SaaS startup with Facebook ads(FORBES)

If you want to be in the 10% of startups that succeed, it’s not enough to create a great product. You also need a carefully designed and executed marketing strategy.


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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