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!
Waterloo-based software company OpenText has announced plans to acquire American data backup and protection firm Carbonite in a $1.88 billion CAD deal.
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.
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.
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.
Santa Clara-based Nuvia says it will make data venter processors that are faster, more power efficient and more secure than what currently exists.
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.
Optimizing for conversions is just the tip of the iceberg.
Threekit, an Ottawa-based product visualization software platform for e-commerce brands, has closed a $20 million Series A round.
A Woodstock-based SaaS startup in the restaurant and hospitality space has almost completed its $5 million round.