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!
Shopify reports $127.4 million total revenue in Q1 2017, up 75% YoY(BETAKIT)
Shopify’s monthly recurring revenue was $20.7 million, up 62 percent compared to $12.8 million during the same time last year.
Rubrik raises $180M to power cloud data management growth(ZDNET)
The round was led by IVP, with participation from existing investors Lightspeed Venture Partners and Greylock Partners.
Salesforce launches AppExchange partner program and $100 million platform fund(VENTUREBEAT)
Salesforce is looking to take its AppExchange to the next phase to better address the increased demand for subscription-based services within the enterprise.
Pythian raises $15 million from BDC Capital for European expansion(BETAKIT)
This is Pythian’s third round of financing from BDC in its 20 years of operation.
SaaS sprawl: Proliferation of best-of-breed cloud apps complicates integration(TALKINCLOUD)
SaaS has moved beyond standalone software functionality to a business platform for mission-critical applications, according to Informatica CIO Graeme Thompson.
Accel leads $54 million funding into facilities management platform ServiceChannel(VENTUREBEAT)
ServiceChannel, a facilities management platform for companies to procure and manage building maintenance services, raised the round from Accel.
Universe co-founder launches latest venture, Growlabs, with $3 million in funding(BETAKIT)
Growlabs emerged out of a problem that founder Ben Raffi experienced at Universe: growing B2B sales at scale.
Deck Commerce raises $2M in funding(FINSMES)
Deck Commerce, a SaaS ecommerce operations plaform, raised the round from St. Louis, Missouri-based Arsenal Capital Management.
SaaS considerations for insurers(PRESSOFFICE)
Stuart Blyth, director at SilverBridge, discusses the considerations that need to be taken before implementing SaaS solutions.
