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A law firm’s case against Uber could turn into a class action lawsuit.
The “State of SaaS 2017” report found found that Canada’s SaaS companies received Canadian investments worth $1.02 billion in the first three quarters of 2017 alone.
The deal is a sign of the ongoing trend for consolidation in the security industry, where smaller players are coming together under larger businesses to provide more security services under one roof.
Chefs Plate raises $10 million Series C (BETAKIT)
The company’s last round of funding was $6 million in September 2016.
The round was led by Baillie Gifford, a U.K.-based venture capital firm, with participation from Revolution Growth, which is led by AOL cofounder Steve Case.
The allure of SaaS architecture was to simplify IT and cut costs. The reality is on-premises silos often reappear in the cloud, requiring integration.
Affinio raises $11.4 million Series B (BETAKIT)
Round13 Capital joined the round as a new investor.
Will developers kill the cloud wars? (FORBES)
Is 2018 the year Amazon, Microsoft, and Google finally get serious about their cloud marketplaces? With the cloud wars as heated as ever, it’s hard to imagine a future like that today, but they’ll need to if they still want to be as relevant in coming decade.
Hockeystick is getting more interested in growth through acquisitions.