S|W: The SaaS Weekly – Slack on the NYSE

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!

Slack rolling out new features, will direct list on NYSE (BETAKIT)

Cloud-based communications company Slack recently announced a host of new features, the same week it filed to go public.

Lattice raises another $15M to improve performance reviews (TECHCRUNCH)

Jack Altman, whose resume includes a stint as vice president of business development at Teespring, has raised $15 million in Series B funding for his startup, Lattice, a modern approach to corporate goal setting.

Embrace raises $4.5M in funding (FINSMES)

Embrace, a Culver City, California-based provider of performance management technology for mobile, raised $4.5m in funding.

Echosec to receive $2 million secured loan from TIMIA Capital (BETAKIT)

Victoria-based Echosec Systems, an online data aggregation platform, has entered into a three-year investment facility with TIMIA Capital, which involves a secured loan of $2 million.

Holded, the ‘business operating system’ for SMEs, gets €6M in Series A funding led by Lakestar (TECHCRUNCH)

Holded, the Barcelona-based startup that offers a SaaS to help SMEs with a range of business tasks, has raised €6 million in Series A funding.

Velocity and YC grad, Fuzzbuzz, raises $3.6 million CAD seed round (BETAKIT)

Fuzzbuzz, an automated software security platform founded in Kitchener-Waterloo, has raised a $3.6 million CAD seed round led by Fuel Capital, with participation from Homebrew and Susa Ventures.

New features in Sales Cloud aim to help Salesforce customers eliminate some of the busywork (GEEKWIRE)

The new features in Sales Cloud, which will arrive as part of Salesforce’s annual summer release, also include the ability to pull data about current customers or prospects directly from social media services into their Sales Cloud environment.

US-founded VanillaSoft receives $1 million from Canadian Government (BETAKIT)

Although the company is American, it runs its Canadian operations out of Gatineau, Quebec.

Omie raises $20M in Series B funding (FINSMES)

Omie, a São Paulo, Brazil-based SaaS SMB financial management provider, received $20m in Series B funding.

Coconut Software receives $1.75 million in debt financing from CIBC (BETAKIT)

Saskatoon-based Coconut Software has received $1.75 million in debt financing from CIBC Innovation Banking, with the company intending to support its strategic plan and to invest in its growth.

Oracle turns to innovation hubs to drive cultural and business shift to cloud (TECHCRUNCH)

What are these centers hoping to achieve, and how will it extend to the rest of the company the lessons learned? Those are big questions Oracle must answer to make some headway in the cloud market.

Voiceflow raises $4.7 million CAD following takeover of American competitor

Voice app design and development platform Voiceflow has raised a nearly $4.7 million CAD seed round, following an announcement of what it called a “partnership” with US voice app design startup Invocable.


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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