S|W: The SaaS Weekly – Sealed with a Smooch

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!

Shopify acquires Handshake, marking its third acquisition in six months(BETAKIT)

Shopify has acquired New York-based B2B ecommerce wholesale platform Handshake, to be integrated into the Canadian ecommerce giant’s growing Shopify Plus offering.

How to see another company’s growth tactics and try them yourself(TECHCRUNCH)

Every company’s online acquisition strategy is out in the open. If you know where to look.

TechnologyOne pins AU$17.9M net profit on record SaaS fees(ZDNET)

The company’s annual contract value for its SaaS business increased 45% to AU$85.8 million.

Education platform Coursera to open engineering office in Toronto(BETAKIT)

The office will be operated by engineers to accelerate product innovation for Coursera’s enterprise and partner products.

Torii, the SaaS management platform for IT, announces $3.5M seed round at Collision Conference in Toronton(VENTUREBEAT)

The seed round will allow Torii to pursue the next phase in their development roadmap, which will see them adding more sophisticated and customizable automation components into their product.

Bridgit receives $750,000 investment from FedDev Ontario(BETAKIT)

Kitchener-based Bridgit, offering a project management platform for construction businesses, has received a $750,000 investment from the federal government through FedDev Ontario.

Food delivery startup Dahmakan eats up $5M for expansion in Southeast Asia(TECHCRUNCH)

Following on from Singapore’s Grain raising $10 million, so Malaysia-based Dahmakan announced a $5 million financing round of its own.

Montreal-based Smooch acquired by Zendesk(BETAKIT)

Smooch will continue to work out of its Montreal headquarters and has plans to grow the team. Smooch chairman Hamnett Hill said the company is excited to leverage Zendesk’s 145,000-strong customer base.

Cloud security startup Guardicore raises $60 million(CISOMAG)

The Tel Aviv-based cybersecurity startup stated the new investment will fuel its growth and accelerate investments in sales, marketing, and customer service.

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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