S|W: The SaaS Weekly – The SaaS platform no one is talking about

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!

MediaValet raises $3.5 million in second private placement of 2019(BETAKIT)

MediaValet, which offers digital asset management software, has closed $3.5 million in a private placement.

Calculating sales efficiency in a startup: The magic number that will help you scale(TECHCRUNCH)

Sales efficiency is more simple to measure than other related concepts like CAC (customer acquisition cost) or LTV (lifetime value).

Event ticketing startup Showpass acquires Token Mobile Solutions<(BETAKIT)/h4>
Calgary-based event ticketing startup, Showpass, has acquired Toronto-based event app Token Mobile Solutions, reporting an 83 percent year-over-year revenue growth.

Amsterdam and Tallinn-based proptech startup Consorto raises €500k seed round(EUSTARTUPS)

Consorto was founded in 2018 and features commercial real estate listings from office, industrial, retail, hotels and resorts, land, mixed use, special purpose, and development sectors.

Lift & Co. launches platform to help cannabis brands learn from customer data(BETAKIT)

Toronto-based Lift & Co. has released a new platform with the goal of being a single source of truth for consumer insights in the cannabis industry.

Akeneo raises $46 million to help retailers track products(VENTUREBEAT)

The company says it’s achieved compound triple-digit revenue growth for the sixth consecutive year and that over 300 companies use its service across 60,000 deployments.

Parity secures $1.25 million from Silicon Valley Bank(BETAKIT)

“Parity’s approach…helps make buildings smarter and our urban environment more sustainable.”

Work Life Ventures raises $5M for debut enterprise SaaS seed fund(TECHCRUNCH)

Brianne Kimmel had no trouble transitioning from angel investor to general partner.

Shopify acquiring fulfillment platform 6 River Systems for $450 million USD(BETAKIT)

Founded in 2015, 6 River Systems offers cloud-based software and mobile robots called Chuck, which assist humans working in fulfillment centres.

Microsoft acquires cloud migration startup Movere to help companies transition to Azure(GEEKWIRE)

Microsoft will use the deal to help customers move their existing applications and infrastructure to Azure. Terms of the transaction were not disclosed.

WeWork and Uber are proof valuations are meaningless(TECHCRUNCH)

The question regarding the co-working company’s public offering has changed to whether the IPO will happen this year, not just at what price the firm can entice enough investment to actually get public.

The powerful SaaS platform no one is talking about — and it’s made by Apple(FOOL)

The tech giant is looking more and more like a software-as-a-service company every day.

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.

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