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Wattpad launches monetization model globally(BETAKIT)
Toronto-based Wattpad has announced that two of its monetization initiatives, Wattpad Paid Stories and Wattpad Premium, are now available to all of its users.
On a growth tear, work trip SaaS TravelPerk adds $60M to its Series C(TECHCRUNCH)
Investors increasing the size of their Series C commitment are Kinnevik, partners of DST Global, Target Global, Felix Capital, Sunstone, and LocalGlobe.
Microsoft gets boost in SaaS revenue and pushes Teams platform(COMPUTERWEEKLY)
It is still a long way behind AWS, but the Microsoft cloud is the company’s big money-maker. It is also seeing Teams establish itself as a platform.
Rival Technologies raises first financing round totalling $8.5 million CAD(BETAKIT)
Rival Technologies, a voice, video, and chat marketing solution based in Vancouver, has raised $8.5 million CAD, claiming to have doubled its venture capital funding target.
ContractPodAi scores $55M for its ‘AI-powered’ contract management software(TECHCRUNCH)
ContractPodAi, a London-based startup that has developed what it describes as AI-powered contract lifecycle management software, is disclosing $55 million in Series B funding.
Saskatoon-based Vendasta raises $40 million CAD in growth capital(BETAKIT)
Cloud commerce platform for small and medium businesses (SMBs) Vandasta announced that it has raised $40 million in private equity growth funding.
SaaS unicorn Druva acquires US-based tech startup CloudLanes(YOURSTORY)
The acquisition by Druva will enhance its technology capability in the area of cloud data protection and management.
AT&T signs $2 billion cloud deal with Microsoft(TECHCRUNCH)
A person with knowledge of the contract pegged the combined deal at a tidy $2 billion, a nice feather in Microsoft’s cloud cap.
Flybits secures $45 million CAD Series C for context-as-a-service platform(BETAKIT)
oronto-based Flybits, a context-as-a-service platform for mobile apps, has closed a $45 million CAD ($35 million USD) Series C round.
Singapore startup raises $143 million, and becomes second in a week to set sights on Aussie market(SMARTCOMPANY)
Founded in 2012, Near uses artificial intelligence to make data on people and places actionable for its clients through Software-as-a-Service platforms.
Contract management startup Icertis becomes unicorn with $115M new round(TECHCRUNCH)
Icertis said it would use the fresh capital to expand its technology platform to address wider use cases.
