Online threat detection firm Echosec Systems closes $10 million credit facility from Espresso Capital
Echosec helps security teams detect web-based data for threat intelligence.
SaaS
Somm acquires last-minute restaurant reservation app Dinr to move beyond wine recommendation
Somm describes Dinr deal as “part of a bigger vision” for the wine-focused startup.
Clio and Trulioo say not now to IPOs as CEOs discuss unicorn M&A strategies
Clio CEO says IPO window is closed, and “probably gone” for 2022.
Led by Serena Williams’ venture fund, Calico closes $2.6 million CAD to help D2C fashion brands manage their supply chain
Calico’s founder is building the tool she wishes she had for her own D2C brands.
Key raises $11 million to pilot home co-ownership platform in new Canadian, US markets
Key claims a waitlist of nearly 5,000 people for its service.
iRestify closes $6 million to bring building maintenance solution to the US
This is iRestify’s third seed round in four years, following a series of pivots.
S|W: The SaaS Weekly – Margaret Atwood dances to Disco
Plus: Amazon’s Twitch suffers exodus of executives amid strategy fight.
Family that formerly co-owned Toronto Star behind new social venture, Hvr Technologies
Hvr wants to create revenue sharing for bloggers, publishers.
OpsLevel raises $15 million Series A funding for developer portal
Executives from eBay, PagerDuty, and Sentry invested in the round.
Q4 Inc. reports rising revenue, losses in fourth quarter and 2021
Despite stock drop since IPO, CEO optimistic about organic growth, M&A opportunities.
Disco closes $15 million Series A round from investors behind MasterClass, Coursera to scale its live learning platform
Disco uses influencers like Margaret Atwood and Andre De Grasse to drive growth.
S|W: The SaaS Weekly – Salesforce wants Traction on Demand
Plus: Hopper continues acquisition spree with Parisian airline travel tech Smooss.
Salesforce to acquire Traction on Demand
Traction on Demand revealed little about the acquisition plans.
Thinkific’s revenue, losses up in Q4
Thinkific claims increased losses reflect rising expenses, competitive job market
3D CityScapes only Canadian finalist in Japan External Trade Organization contest
3D CityScapes is among the 15 final award winners.