S|W: The SaaS Weekly – Shopify’s big revenue, bigger questions


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

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Shopify announces $509 million total revenue in 2016, expects up to $785 million in 2017(BETAKIT)

Shopify’s big quarter comes while the company deals with serious questions regarding the continued allowance of US media outlet Breitbart on its platform.

AI, Second Time Startups and the Levers of SaaS Success: Day 2 at #SaaStrAnnual(VOICEOFTHENORTH)

Following his Day 1 recap, Patrick White, acting managing director at LSPARK Global, breaks down key takeaways and lessons from Day 2 at SaaStr 2017.

Bolstra secures $1.5M in seed funding(VENTUREBEAT)

The round was co-led by Allos Ventures and 4G Ventures, and included participation from Collina Ventures, Elevate Ventures, and private investors.

Top Hat raises $25.9 million Series C to tackle the textbook industry(BETAKIT)

The round was led by Union Square Ventures, who was joined by Top Hat’s existing investors, Emergence Capital, Georgian Partners, iNovia Capital, Golden Venture Partners, Version One Ventures, and SoftTech VC.

SaaS gets cozy to financial data analytics(PYMNTS)

SaaSOptics, a subscription management platform for growing B2B SaaS and subscription-based businesses, plans to introduce SaaSOptics Open API for Analytics to support billing, financial, and ERP systems.

3 business metrics SaaS leaders must master (and stop arguing about)(VENTUREBEAT)

Klipfolio’s CEO Allan Wille shares the top three business metrics today’s SaaS leaders have to master to understand how their company is growing.

Today in company updates: Urbery, Lightspeed, RANK Software(BETAKIT)

This week, several Canadian startups have made announcements, launching new features, partnerships, and more. Here’s the latest on Canada’s movers and shakers.

Global SaaS market: Procurement Market Intelligence Report 2017-2021(PRNEWSWIRE)

According to a report from Technavio, the global SaaS market is expected to grow at a CAGR of 8% over the next five years due to the demand for data centralization.

Predictive sales startup Aviso raises $8 million(VENTUREBEAT)

Aviso, which uses machine learning to provide sales forecasting for businesses, raised $8 million from Scale Venture Partners, Next World Capital, and Shasta Ventures.


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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