The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.
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radient360 raises $3.3 million to help oil and gas companies adopt data analytics(BETAKIT)
The funding was raised from Build Ventures and Killick Capital.
SAAS NORTH RECOMMENDS: Voice of the North video playbook(LSPARK)
The on-demand video library for SaaS, startups, and entrepreneurs. Access the full video playbook from SAAS NORTH 2016.
PacketZoom lands $5M Series A investment to speed up mobile apps
(TECHCRUNCH)
The round was led by Baseline Ventures with participation from First Round Capital, Tandem Capital and Arafura Ventures.
Salesforce: Largest pure SaaS play(SEEKINGALPHA)
Salesforce delivered yet another beat-and-raise in Q3, with revenue growth of 25% YoY. It also outlined its path to $20 billion to $22 billion in revenues by FY22, implying another doubling of revenues within five years.
Cloud, SaaS and SD-WAN drive new licensing technology(NETWORKINGWORLD)
Consumer and business use of SaaS offerings versus traditional on-premise software is taking off. But how far along in this transition is the traditional network, where software is still often delivered embedded on devices and sold as a perpetual license?
City of Toronto partners with Waze to improve city’s traffic awareness(BETAKIT)
The collaboration is part of Waze’s Connected Citizens Program.
Scalyr scores $20M Series A for super-fast log reading tool(TECHCRUNCH)
The funding was led by Shasta Ventures, with participation from previous investors Bloomberg Beta, Susa Ventures, and Heroic Ventures.
Here are the world’s top 25 SaaS startup cities in 2017(YOURSTORY)
Crozdesk’s SaaS and cloud startup report 2018 states that the public cloud market is expected to grow by 20 percent, while the SaaS market is expected to grow by 22 percent in 2018.
Solium announces acquisition of Capshare (BETAKIT)
This deal will allow Capshare, a cloud-based cap table and equity management platform, to triple its development team and offer customers access to Solium’s resources.
