S|W: The SaaS Weekly – Tech layoffs on the rise

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!


BetaKit

St. John’s Newfoundland startup Cyno signs deal with Shopify

Cyno, a virtual healthcare startup, announced at the beginning of January that it has signed a service agreement with Canadian e-commerce giant Shopify.


LATEST JOBS

CBC/Radio Canada – Senior Machine Learning Director

Viziya – QA Automation Specialist

Chisel AI – Software Developer

See more jobs and post your own on Jobs.BetaKit (powered by Jobbio).


TechCrunch

Qualcomm launches a car-to-cloud service for over-the-air updates and telemetrics

It’s the company’s first product that integrates its automotive cockpit platform and Snapdragon automotive platforms with 4G and 5G support.


After its big bet on Periscope Data, Sisense raises $100M+ at a unicorn valuation

Sisense’s total outside funding now stands at more than $300 million when counting the capital raised by Periscope Data, a fellow business intelligence provider it absorbed through a nine-figure merger last year.


BetaKit

Today in funding: SkyWatch, Reshift Security

Two Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised, how much, from whom.


BigID raises $50M in funding from Tiger Global

BigID, a New York and Tel Aviv, Israel-based provider of privacy-oriented data discovery, intelligence and automation solutions, raised $50m in new funding.


Startup raises $6.2M to give patients a lift

By giving patients access to reliable transportation, Ride Health hopes to reduce costly no-shows and delayed hospital discharges.


TechCrunch

Insight Partners acquires data management company Veeam for $5B

The company, which has been based in Baar, Switzerland, says that it had $1 billion in revenue last year. It boasts 365,000 customers worldwide, including 81% of the Fortune 500.


BetaKit

Toronto startup uses blockchain to help Mongolian farmers create sustainable supply chain

Toronto-founded startup Convergence.tech has concluded a case study conducted alongside the United Nations Development Program (UNDP).


AvePoint raises $200M to ease IT governance in the Microsoft ecosystem

Application governance provider AvePoint Inc. has raised $200 million in funding from a group of investors headlined by TPG Sixth Street Partners and Goldman Sachs.


TechCrunch

Tech layoffs rise as cost-cutting comes into vogue

Companies cut 64,166 tech jobs in 2019, up 351% from the prior year.



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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.