S|W: The SaaS Weekly – What to know about India’s SaaS market

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!


BetaKit

Carta acquires Kik team as part of Canadian expansion

Carta, a San Francisco-headquartered company that helps companies, investors, and employees manage equity and ownership, has hired 51 former Kik employees. The Kik app has also been acquired (separately).


LATEST JOBS

Viziya – Senior Sales Engineer

SHIFT – Sales Enablement Analyst

LMN – Full Stack Developer

See more jobs and post your own on Jobs.BetaKit (powered by Jobbio).


TechCrunch

Greylock GP Sarah Guo is as bullish on SaaS as ever

Clari led us to a discussion of vertical SaaS, and Guo’s views on the future of SaaS products (she’s bullish). Alex and Guo had a lot to say on this subject.


Starting a SaaS company from India? 5 essentials you should know

The abundant IT talent, unsolved opportunities, cheaper workforce and a strong digital infrastructure has made India one of the fastest-growing SaaS markets.


BetaKit

Flare Systems raises $1 million for darknet intelligence software

Flare Systems, a Montreal-based cybersecurity startup that helps financial institutions security threats, has closed a $1 million seed round.


Mark Hurd, co-CEO of Oracle, dies at 62

Co-CEO of Oracle Mark Hurd had taken a leave of absence from Oracle last month because of unspecified health reasons.


Zurich-based Apiax raises about €6 million to help global companies grow despite regulatory headwinds

The fresh capital will support Apiax’s global growth plans for its solution for mastering complex regulations digitally.


BetaKit

Converge Technology Solutions acquires US-based Essextec

Toronto-based Converge Technology Solutions has acquired Essex Technology Group, a New Jersey-based cloud, cognitive, and cybersecurity solution provider.


Commvault launches new SaaS offering called Metallic

Commvault has announced a new Software-as-a-Service offering called Metallic in its latest move in the hot market of enterprise data protection.


BetaKit

Ritual expands into first non-English speaking markets

Ritual has expanded its international operations into its first non-English speaking markets, Germany, Hong Kong, and the Netherlands.


WEGoT, water management startup, raises $2 million in seed funding

WEGoT will use these funds to strengthen its IoT-enabled product portfolio, scale its presence in India, and double its employee base in the next six months.


Enterprise drones startup Aerodyne raises US$30M; claims to have inspected over 250K assets in 25 countries

The firm plans to undertake select M&As and continue to expand into Japan, India, the US, and the Middle East.


BetaKit

Blockchain music startup Beatdapp raises $3.2 million, adds new advisory board members

Beatdapp Software, a startup using proprietary blockchain technology to authenticate digital content streams, has completed a $3.2 million financing round.



Subscribe to S|W: The SaaS Weekly Newsletter

* indicates required




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.