The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.
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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.
Vancouver-based Blinkloader, which has developed an image optimization tool, has been acquired by US-based content delivery platform, Uploadcare.
Gtmhub, a Denver, CO-based objectives & key results (OKRs) and business success platform, secured a $9m Series A funding.
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.
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 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 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.
Latin-American content marketing startup Rock Content has announced its acquisition of Toronto-based ScribbleLive.
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 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.