S|W: The SaaS Weekly – Shopify hits 500K merchants

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

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Shopify Q2 2017 results show 75% revenue increase as it celebrates 500,000 merchant milestone(BETAKIT)

500,000 merchants can’t be wrong.

prooV raises $14M in Series B funding(FINSMES)

prooV, a SaaS platform that facilitates and streamlines the Proof-of-Concept (PoC) process for startups and enterprises, raised the funds from Helios Capital and Mangrove Capital Partners, with participation from OurCrowd and Cerca Partners.

Blackbaud CEO Michael “Mike” Gianoni named one of the top 50 SaaS CEOs(BUSINESSINSIDER)

Gianoni was recognized for the company’s accelerated performance alongside CEOs from software companies such as Hubspot, Slack, Salesforce, Gainsight, Box, Workday, and more.

How to successfully steer tour SaaS business in a tough environment(E27)

SaaS might not be only 2 decades old, but it has sharply risen in prominence on the backdrop of more digitization in all aspects of life.

Azuqua raises $10M to connect departments’ cloud apps(ITPRO)

The round was led by Storm Ventures with participation from strategic investors Salesforce Ventures and Workday Ventures.

SaaS startup LimeTray raises funding from JSW Ventures to bolster ‘restaurant OS’(INC42)

The funding will also be spent on expanding LimeTray’s reach in the international market.

thisopenspace brings Shopify’s point-of-sale solutions to pop-up shops in Canada and the US(BETAKIT)

thisopenspace announced that its entrepreneurs will now be able to power their pop-up shops using Shopify’s POS solutions.

Exclusive: This startup wants to be the Salesforce for legal departments(FORTUNE)

Silicon Valley-based Ironclad, which wants to automate the way legal contracts are created and managed, has raised $8 million in Series A funding led by Accel.

Getting SaaS-y: Oracle rolls out software suite enhancements for cloud era(CIODIVE)

Oracle has to convince business customers that its software is what they need, competing against software rivals like Salesforce, Workday and SAP.

SaaS & networking revenues boost Citrix’s Q2(SDXCENTRAL)

SaaS accounted for $42 million worth of revenues during Citrix’s Q2 — a 27 percent increase year-over-year.


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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