S|W: The SaaS Weekly – SaaS VC boom

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

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Vision Critical acquires Pressly to expand content-curation abilities(BETAKIT)

Vision Critical will add Pressly’s technology to its customer relationship intelligence software.

Enterprise storage startup PrimaryIO raises $5.6M in seed round(VCCIRCLE)

The seed round was led by Accel Partners, Exfinity Venture Partners, and Partech Ventures.

LookBookHQ raises $13 million Series B led by New Jersey-based Edison Partners(BETAKIT)

The company plans to scale its LookBookHQ Intelligent Content platform, which it says has tripled its revenue in the past 18 months.

Snowflake Computing raises additional $5M in Series D funding(FINSMES)

Snowflake Computing, which provides a data warehouse built for the cloud, raised the round from Capital One Growth Ventures.

My bootstrapped SaaS company was acquired by SurveyMonkey (LSPARK)

“The cool thing about SaaS is the customers pay for your success,” says serial entrepreneur Eli Fathi.

Cities across Canada are bullish on hosting Amazon’s second headquarters(BETAKIT)

Amazon wants to invest more than $5 billion USD in construction and operation of the second headquarters.

SaaS enjoys venture capital boom(PYMNTS)

The Software-as-a-Service startup space is no longer in the limelight, but this week venture capitalists put their own spotlight on the industry, providing more than $75 million to four firms in the sector.


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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