The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.
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Communitech is launching a new service to help Canadian companies hire international sales employees and accelerate growth in global markets.
“Make their metrics your metrics” is one of Flexport CEO Ryan Petersen’s mantras.
Verafin, a financial crime management company based in St. John’s, Newfoundland and Labrador, has closed a record-setting $515 million CAD in equity and debt recapitalization.
Enterprise cloud startup Astronomer raises $5.7M seed funding to make it easy to manage and scale Apache Airflow clusters in the cloud(TECHSTARTUPS)
This investment further validates Airflow’s worldwide momentum and Astronomer’s success in designing and operating Astronomer Cloud, the fastest growing multi-tenant Airflow as a Service platform.
San Francisco-based Nextdoor is officially launching its social platform, designed to help neighbourhoods connect and stay informed, in Canada.
Project A, the Berlin-based VC, raises $200M fund to back seed and Series A European startups(TECHCRUNCH)
This brings total assets under management to $486 million (€440 million) and is the third fund Project A has raised.
Toronto-based Wattpad has announced an exclusive deal with Wise Entertainment, their first major development deal in Latin America.
The round builds atop previous rounds totaling $26.5, and it brings the startup’s total raised to nearly $70 million.
Montreal-based travel app Hopper has acquired Gravy, a company that used data to provide dynamic pricing for restaurants’ customers.
An Indian SaaS startup, which is increasingly courting clients from outside the country, just raised a significant amount of capital to expand its business.
Vidyard is looking to shake up the typical SaaS pricing model by launching a free option for users of its video-sharing platform.
Indianapolis-based tech startup Zylo Inc.—which helps companies manage their software subscriptions—has secured its third big round of funding, including investments from key names in the world of cloud computing.
Toronto-based Peekapak is partnering with Nelson to develop educational resources for schools across the country.
In total, the startup has raised $930,000. This includes completing the Techstars London accelerator, along with investment from various angels, such as Chris Adelsbach.
Mississauga-based PointClickCare is opening a new office in downtown Toronto, located at the southwest corner of King St. and York St.