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.

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

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

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


techcrunch

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

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.


bk

Hubba adds former Amazon lead as CTO

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


geekwire

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

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.


techcrunch

Measuring AI startups by the right yardstick

“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.”


bloomberg

Atlassian buys OpsGenie to expand in ServiceNow’s market

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.


techtarget

Take responsibility for SaaS application security

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.


techcrunch

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

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


bk

Vidyard to power HubSpot’s new video service

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


inc42

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

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


bk

Mojio partners with MetroPCS to power its connected car solution

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


venturebeat

Auterion raises $10 million for open source drone operating system

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



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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.