S|W: The SaaS Weekly – The party’s over for Airbnb

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 THE CONFERENCE BOARD OF CANADA:


Tulip acquires Boston’s Blueday to expand its retail management software offerings (BETAKIT)

Toronto-based retail startup Tulip, a mobile store management software provider, has acquired US retail SaaS Blueday.


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India’s logistics SaaS startup FarEye bags $13 million (TECHCRUNCH)

FarEye first unveiled its Series D round in April this year when it raised from Microsoft’s venture fund M12, Eight Roads Ventures, Honeywell Ventures and SAIF Partners.


Properly to allow customers to buy new home using current home’s equity, before listing (BETAKIT)

Properly has launched a new service allowing Canadians to buy a new home using their current home’s equity, before having to list it.


Airbnb files for IPO that was ‘hard to imagine’ just a few months ago (MARKETWATCH)

Home rentals are thought to be picking up amid pandemic, and highly valued startup is now planning an IPO instead of a direct listing.


Airbnb issues global ban on parties at its listings (MOBILESYRUP)

The company is also limiting occupants to 16 people.


Rise People launches advisor engagement platform for Sun Life clients (BETAKIT)

Vancouver-based Rise People has launched an insurance advisor engagement platform.


Palantir, tech’s next big I.P.O., lost $580 million in 2019 (NEW YORK TIMES)

The Silicon Valley company could be the next in a string of tech outfits to go public long before they have turned a profit.


Gaming startup Odyssey Interactive launches with $7.9 million CAD (BETAKIT)

Video game startup Odyssey Interactive has officially launched its gaming studio in Kitchener-Waterloo with $7.9 million CAD in seed financing.


Ottawa cybersecurity company Titus cuts 20% of staff following acquisition by U.S. firm (OTTAWA BUSINESS JOURNAL)

Nearly 20 per cent of workers at a major Ottawa tech firm that was recently acquired by a U.S. cybersecurity company were laid off, the new owners confirmed.


Remote training startup Synapse raises $2.6 million CAD to grow new sales stream (BETAKIT)

The increased demand Synapse has seen amid the pandemic for its e-learning software for corporate training programs led the company to raise $2.64 million CAD.


Uber and Lyft win a reprieve, and won’t quit California — for now (WIRED)

An appeals court delayed a requirement that the companies treat drivers as employees. Voters will ultimately decide through a November ballot measure.


EdTech startup Showbie raises $5 million Series A (BETAKIT)

Edmonton-based EdTech startup Showbie, which has created a classroom workflow platform has raised a $5 million Series A round.


Exclusive: TikTok to challenge U.S. order banning transactions with the video app (REUTERS)

TikTok plans to argue that the Aug. 6 executive order’s reliance on the International Emergency Economic Powers Act deprives it of due process, according to the sources.


Dialogue expands beyond telemedicine with new Employee Assistance Program offering (BETAKIT)

Dialogue, which has until now, solely focused on providing a virtual healthcare solution, appears to be expanding into new verticals with the new offering.



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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.