The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.
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Vancouver EdTech startup Riipen raises $5 million(BETAKIT)
EdTech startup Riipen, which has created a platform that lets companies connect with post-secondary schools, has closed a $5 million investment.
Google makes moving data to its cloud easier(TECHCRUNCH)
This new managed service is meant for large-scale transfers on the scale of billions of files and petabytes of data.
Image optimization software startup Blinkloader acquired by Uploadcare(BETAKIT)
Vancouver-based Blinkloader, which has developed an image optimization tool, has been acquired by US-based content delivery platform, Uploadcare.
Gtmhub raises $9M in Series A funding(FINSMES)
Gtmhub, a Denver, CO-based objectives & key results (OKRs) and business success platform, secured a $9m Series A funding.
Vistara Capital caps technology growth fund at oversubscribed $150 million CAD(BETAKIT)
Vancouver-based venture firm Vistara Capital Partners has closed its Vistara Technology Growth Fund III LP, reaching its hard cap of $150 million CAD.
Why is SaaS important for business network security?(ITPROPORTAL)
With increasing cybersecurity threats and web service demand, SaaS is becoming increasingly important.
Pet tech startup Pawzy wins Queen’s University pitch competition(BETAKIT)
A newly launched pet tech startup from Toronto has won its first pitch competition, earning the top prize after competing at the Queen’s University challenge.
Gmelius wants to fit all of your startup’s software needs right into Gmail(TECHCRUNCH)
Gmelius is building a workspace platform that lives inside Gmail, allowing teams to get more bespoke tools without adding yet another piece of software to their repertoire.
BlackBerry, L-Spark announce second cohort of joint accelerator(BETAKIT)
BlackBerry and Ottawa-based SaaS accelerator L-Spark has announced the six companies in second cohort of their joint accelerator program.
SaaS-focused Scaleworks spins out debt fund(CRUNCHBASE)
Since launching its $10 million Debt Fund in January 2018, the fund has done over a dozen deals. Buoyed by that success, Scaleworks decided to break out the fund.
ScribbleLive acquired by Brazil-based Rock Content(BETAKIT)
Latin-American content marketing startup Rock Content has announced its acquisition of Toronto-based ScribbleLive.
SaaS startup Slintel raises $1.5M from Stellaris and Accel(YOURSTORY)
The Software-as-a-Service (SaaS)-based startup is planning to use the fund to expand and scale-up. It will also use the fund for stepping up marketing efforts and product building.
Wattpad to open second headquarters in Halifax(BETAKIT)
Wattpad is set to open a second headquarters in Halifax.
Safeguarding data in an SaaS environment(ITPROPORTAL)
Relying on your SaaS vendor to protect data in their service? That’s a bad idea.
