S|W: The SaaS Weekly – Untapped potential

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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!

PointClickCare opens office in Charlottetown, Prince Edward Island(BETAKIT)

PointClickCare, a SaaS company targeting the senior care market, today announced the opening of its fourth Canadian office, located in Charlottetown.


Sage CFO Panel Event Feb 19

70% of Canadian financial decision-makers are responsible for driving digital transformation in their business. Thanks to the disruptive landscape of digital technology, it has never been more important for CFOs to stay informed of the latest trends impacting their industries.

Join Sage in Toronto on February 19 for an event bringing together senior finance professionals to discuss and learn more about the evolving role of the CFO.

Matera raises $11.2 million to let you handle residential property management yourself(TECHCRUNCH)

The company has been building a SaaS platform to give you all the tools you need to handle property management for your residential building.

A digital business: How are you accelerating the performance of your SaaS applications?(ITPROPORTAL)

There are four key areas where SaaS often hits a roadblock for enterprises. The good news is that they are all eminently solvable.

Vancouver-based ToursByLocals raises $43 million CAD in first round of financing(BETAKIT)

ToursByLocals, an online marketplace that connects travellers in search of private tours with tour guides, has raised $43 million CAD in growth capital.

SaaS startup ExtraaEdge raises pre-Series A funding from Sprout Venture, IAN(VCCIRCLE)

ExtraaEdge Technology Solutions Pvt. Ltd, an ed-tech startup, has raised $700,000 (approximately Rs 5 crore at current exchange rates) in its pre-Series A funding round.

Adobe Experience Manager now offered as cloud-native SaaS application(TECHCRUNCH)

AEM provides a number of capabilities, including managing the customer experience in real time.

Waterloo’s Brisk Synergies acquired by Transoft Solutions(BETAKIT)

Brisk Synergies, an urban mobility startup headquartered in Waterloo, has been acquired by Transoft Solutions.

SaaS companies have untapped platform potential(FORBES)

Many SaaS are now finding that they need to establish a direct branded relationship with the end-customers, which gives the firm greater control and optionality.

Mozilla lays off 70 as it waits for new products to generate revenue(TECHCRUNCH)

In an internal memo, Mozilla chairwoman and interim CEO Mitchell Baker specifically mentions the slow rollout of the organization’s new revenue-generating products as the reason for why it needed to take this action.

Today in acquisitions: Q4, Centrilogic(BETAKIT)

Over the past week, two Canadian companies have made acquisitions of companies in the United States. Here’s the latest on Canada’s movers and shakers.

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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