S|W: The SaaS Weekly – When bootstrapping pays off

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

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Kira Systems receives $65 million CAD investment from New York’s Insight Venture Partners (BETAKIT)

Kira Systems’ platform uses machine learning to automate contract analysis for law firms.

Clinc expands to automotive, releases SaaS platform for its voice AI assistant (TECHCRUNCH)

Clinic wants to give automakers a platform that they can integrate into their vehicles that will allow drivers to control and interact with their vehicles through natural language.

Hubba adds former Amazon lead as CTO (BETAKIT)

Hubba CEO Ben Zifkin said Singh will help in two ways: optimizing Hubba’s data, and building an engineering culture that can scale.

Salesforce updates its flagship Sales Cloud Software-as-a-Service with new features for managers and inside sales reps (GEEKWIRE)

Sales Cloud will soon give customers more flexibility over how they manage recurring billing contracts and sales managers more tools to manage inside sales reps, according to Salesforce executives.

Measuring AI startups by the right yardstick (TECHCRUNCH)

“While many AI businesses deliver value via software monetized by a recurring subscription like their SaaS counterparts, the similarities between the two types of businesses end there.”

Atlassian buys OpsGenie to expand in ServiceNow’s market (BLOOMBERG)

OpsGenie will work with Atlassian’s new information technology service management product, Jira Ops, which helps IT workers track outages and minimize downtime. Atlassian will gain OpsGenie’s 3,000 customers including 7-Eleven and Expedia Group Inc.

Take responsibility for SaaS application security (TECHTARGET)

Can’t keep up with cloud app security hardening? Experts say it’s time to implement DevSecOps initiatives and look to third-party security tools and services.

PagerDuty raises $90M to wake up more engineers in the middle of the night (TECHCRUNCH)

The round was led by T. Rowe Price Associates and Wellington Management, with participation from Accel, Andreessen Horowitz, and Bessemer Venture Partners.

Vidyard to power HubSpot’s new video service (BETAKIT)

The technology behind the service is Vidyard’s GoVideo, the company’s flagship personalized video messaging app launched a year ago.

SaaS startup CloudCherry raises $9M in extended Series A funding round (INC42)

Customer experience management software provider Cloudcherry raised the funding from Pelion Venture Partners and others.

Mojio partners with MetroPCS to power its connected car solution (BETAKIT)

This is Mojio’s eighth deployment of an operator-branded IoT service.

Auterion raises $10 million for open source drone operating system (VENTUREBEAT)

The Zurich, Switzerland-based company will use the money to scale its operations and speed up development of its platform.


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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