S|W: The SaaS Weekly – Winning work-from-home

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!


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Benevity founder Bryan de Lottinville to become executive chairman as Andrew Huddart takes over CEO role (BETAKIT)

Bryan de Lottinville, founder of corporate social responsibility software startup Benevity, is departing his role as CEO of the company, BetaKit has learned.


RECOMMENDED BY SAGE INTACCT:

[Live webcast] Growing a SaaS Company in a Shifting Landscape

The decisions a Finance Leader at a SaaS company must make haven’t changed, but how they decide and with what resources has become more complex. Tracking cash, churn, and DSO is critical to understanding your runway today. Then, forecasting how to bounce back and where to invest is the next of many growth opportunities to consider.

Join Bruce Croxon, partner at Round13 Capital and co-host of BNN’s The Disruptors, and Matt Hodgson, CFO at Vidyard, as they address the challenges and opportunities of a shifting landscape in the SaaS industry.


Three reasons SaaS companies will win in the work-from-home economy (FORBES)

During the ongoing pandemic, the level of innovation for SaaS adoption has become evident as nearly everyone, even those businesses with on-premises IT data centers, is using these tools just to keep the lights on.


Atlanta customer experience SaaS startup FullStory raises $10M (ATLANTA INNO)

FullStory, an Atlanta-based customer experience software company, has closed a $10 million round, according to a filing with the SEC.


Canadian startup Boss Insights helping American small businesses navigate PPP loans (BETAKIT)

Boss Insights has repurposed its existing software to launch a new platform that helps lenders and borrowers navigate a US loan program.


VMware delivers solid Q1 as subscription, SaaS revenue jumps (ZDNET)

VMware delivered better-than-expected first quarter results as its subscription and software as a service revenue jumped 39% from a year ago.


Call center software startup Aircall raises $65M (SILICONANGLE)

French call center software startup Aircall SE looks likely to be one of the beneficiaries of the COVID-19 pandemic after raising $65 million in a round of funding that brings its total amount raised to north of $100 million.


Top Hat to acquire Nelson Education’s post-secondary textbook business (BETAKIT)

Top Hat is set to acquire the Canadian domestic higher education textbook businesses of Nelson Education, one of the country’s largest education publishers.


CaptivateIQ, a startup that automates commissions, raises $13 million from Sequoia (FORBES)

In Silicon Valley, where there seems to be a startup for any conceivable idea, CaptivateIQ believes it has struck gold on a new niche: sales commissions.


Object storage startup Wasabi raises $30M to take on cloud giants (SILICONANGLE)

In a 2017 interview on SiliconANGLE Media’s theCUBE studio, Friend explained that “if you know what Amazon S3 cloud storage is, you pretty much know what Wasabi is — except we’re one fifth the price.”


Facebook Canada offering $3.5 million to support 650 Canadian small businesses (BETAKIT)

Facebook Canada is offering $3.5 million in grants, training programs, and product features that are aimed to support small businesses affected by COVID-19.



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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.