S|W: The SaaS Weekly – The 14 year overnight success

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!

BROUGHT TO YOU BY:


BetaKit

OpenText to buy data security firm Carbonite for $1.88 billion CAD

Waterloo-based software company OpenText has announced plans to acquire American data backup and protection firm Carbonite in a $1.88 billion CAD deal.


RECOMMENDED BY CAPITAL ONE:

BetaKit

How Toronto Cat Rescue is using tech to build a Tinder for foster cats

Ahead of the Digital for Good Tech Jam, leaders from Toronto Cat Rescue and Big Brothers Big Sisters of Canada explained how they hope to use tech to support their charities.


TechCrunch

Freshworks raises $150M Series H on $3.5B valuation

The company has been building an enterprise SaaS platform to give customers a set of integrated business tools, but CEO and co-founder Girish Mathrubootham says they will be investing part of this money in R&D to keep building out the platform.


Estonian startup ProcurementFlow raises €600,000 to grow its SaaS for manufacturing

CEO of ProcurementFlow Tarmo Saidla is something of a procurement expert, having previously led sourcing and supply chain analysis at the global industrial group ABB.


Former Apple engineers raise $53M to take on Intel and AMD in data centers

Santa Clara-based Nuvia says it will make data venter processors that are faster, more power efficient and more secure than what currently exists.


BetaKit

1Password closes $265 million CAD in first round of institutional funding

Toronto-based password manager 1Password has closed its first institutional funding round at a total of $265 million CAD ($200 million USD).


London-based property technology startup Plentific raises €29.1 million in Series B funding to accelerate growth

Plentific, a leading European property technology startup based in London, has successfully secured €29.1 million in a Series B funding round to accelerate its ambitious growth plans.


Here’s how to make your SaaS marketing strategy generate revenue

Optimizing for conversions is just the tip of the iceberg.


BetaKit

Ottawa-founded Threekit raises $20 million USD for product visualization platform

Threekit, an Ottawa-based product visualization software platform for e-commerce brands, has closed a $20 million Series A round.


Georgia SaaS startup raises $4.5M in Series A round

A Woodstock-based SaaS startup in the restaurant and hospitality space has almost completed its $5 million round.



Subscribe to S|W: The SaaS Weekly Newsletter

* indicates required




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.