S|W: The SaaS Weekly – Weathering the downturn

The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.

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Vidyard expands offering to bring personalized video to salespeople(BETAKIT)

The new expansion of the Kitchener-Waterloo company’s offering aims to make it easy for sales professionals to create personalized video.

Distru, a maker of supply chain software for the cannabis industry, has raised $3 million led by Felicis(TECHCRUNCH)

Distru, a nearly three-year-old, Oakland-based startup whose platform aims to help track cannabis through its seed-to-sale process, has raised $3 million in seed funding.

How can SaaS companies weather the impending tech downturn?(FORBES)

Trying to grow faster and faster, outpacing your valuation and filling shoes that are too big feels precarious.

Intelex to be acquired by Industrial Scientific in massive $570 million USD deal(BETAKIT)

Toronto-based Intelex Technologies, an Environmental, Health, Safety and Quality (EHSQ) SaaS company, has been acquired for $570 million USD by Industrial Scientific.

Google to acquire analytics startup Looker for $2.6 billion(TECHCRUNCH)

Google made a big splash when it announced it’s going to acquire Looker, a hot analytics startup that’s raised more than $280 million.

SaaS startup Dockabl raises $1.26M in pre-Series A funding round(INC42)

Its SaaS-based platform offers a value proposition to various stakeholders such as employees, managers, project leaders, HR process owners and CEOs.

Lightspeed CEO Dax Dasilva talks impactful leadership at C2 Montreal(BETAKIT)

“Lightspeed wouldn’t have happened if it had not been for me investing in myself and as an instrument.”

Barcelona-based Onna Technologies raises €9.8 million for its internal enterprise search engine(EUSTARTUPS)

Barcelona-based Onna, a startup that centralizes proprietary information, has raised a €9.8 million Series A funding round to grow its central information access product.

June #FutureMakers will explain the risks and rewards of digital transformation(BETAKIT)

The event will features speakers from Slack, IBM, and RBC. Get in free using the code “BetaKitPROMO”.

A new Oracle and Microsoft agreement simplifies cross-cloud computing(FORBES)

A new Oracle and Microsoft agreement simplifies the elements needed to run cross-cloud workloads, such as integrated authentication, high-speed data interconnects, and a unified security model.

Performance platform Side Door wins Propel’s Gerry Pond Sales Award(BETAKIT)

Laura Simpson, CEO of Halifax-based Side Door, is the first winner of the Gerry Pond Sales Award, presented by Atlantic Canada accelerator Propel, last week.

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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