Ontario-based Fusebill, a company that offers online software to help companies deal with and support subscription-based businesses and billing cycles, has raised a new $2 million round of funding. The financing will be used to help the company expand its offering and grow its user base, Fusebill CEO Steve Adams explained in an interview. → Read More
Editor’s note: Chris Luo is VP of Marketing at FiveStars. Previously, he ran small business marketing at Facebook and acquisition marketing in Asia-Pacific for Google AdWords.
Over the past few years, most of us who work at mid to large-sized companies have seen our productivity multiply by the successful integration of big data and SaaS. But small businesses have not reaped the same benefits. → Read More
Host Analytics has raised $17 million in a Series D round to expand its enterprise performance management technology. All of the existing investors participated in the round, including Advanced Technology Ventures, Trident Capital, StarVest Partners and Next World Capital. The funding brings Host Analytics total investment to $40.7 million. → Read More
Infusionsoft has raised $54 million fromn Goldman Sachs for its small business sales and marketing automation platform. The investment pushes Infusionsoft’s total venture funding to $71 million. The company raised $9 million in 2007 from Mohr Davidow Ventures and another $8 million from vSpring Capital the next year with Mohr Davidow participating. → Read More
Forrester Research is citing SaaS and data-driven smart apps as the major growth engines for the worldwide software market. The SaaS software market will increase 25 percent in 2013 to $59 billion, a 25 percent increase. In 2014, the market is expected to total $75 billion. Forrester uses the term “smart computing” to define apps that, for instance, provide direct access to data for… → Read More
Today cloud app store company AppDirect announced its acquisition of open source billing company jBilling. Terms of the deal were not disclosed. AppDirect co-CEO Daniel Saks says existing jBilling won’t be affected and AppDirect will continue to sell and support jBilling products. AppDirect makes “white label” software-as-a-service app stores. Saks says its customers are mostly… → Read More
Editor’s note: Bruce Cleveland is a General Partner with InterWest Partners focused on software and services sector investments with an emphasis on cloud computing, mobile and analytical applications.
Most of us are familiar with the adage by George Santayana, who, in his biography said, ”Those who cannot remember the past are condemned to repeat it.” You may recognize it as, “Those… → Read More
Editor’s note: Justin Moore is CEO of Axcient, a cloud solution for data, application, and system uptime. You can follow him on Twitter at @justinrmoore.
Many great technology breakthroughs are subject to analyst predictions about how quickly that technology will take over the world. In 2007, Gartner famously forecasted that all PCs would be virtualized by 2010. While this didn’t happen then… → Read More
Vital Insights, an enterprise startup focused on providing a cloud-based customer experience management solution to the automotive industry, has announced a $20 million growth round from a single investor, private equity firm Bregal Sagemount. This is a first round of funding for the company, which has actually been cash-flow positive since 2008, seeing revenue growth of 30% in the first half of… → Read More
GoodData has raised $25 million to continue developing its cloud-based business intelligence technology.
The funding brings GoodData’s total to $55 million. Founder and CEO Roman Stanek said the investment came from existing investors Andreessen Horowitz, General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners also contributing to the round. → Read More
Defining an energy efficiency strategy can be challenging for big organizations with multiple large buildings. The Department of Veterans Affairs announced today that it has installed energy analysis SPARC520 equipment for its Washington, D.C. headquarters. → Read More
As the software-as-a-service market continues to mature, there are companies emerging that are targeting specific sectors within the enterprise with solutions especially tailored and priced for them: the latest of these is InsightSquared, which has announced a Series A round of $4.5 million for its a business intelligence platform aimed specifically at small and medium-sized businesses.
The… → Read More
A lot of people in Silicon Valley are pretty obsessed with organic this and that. One or two startups have looked at the whole connecting-fams-with-consumers-directly model, even. So it’s odd that it’s taken a startup from little old Croatia to realise that it’s the farmers themselves that could use a little help. And let’s not be parochial about this. Farming is big business. The ‘market’… → Read More
With the influx of information flooding the web – 90% of the web having been created in the last two years alone – web businesses are looking for ways to understand and use big data to drive their business. Just as SaaS and the cloud completely revolutionized the way businesses operate, so will Big Data applications (BDAs). BDAs are web-based applications that interpret and use massive amounts… → Read More
Microsoft has Clippy the Office Assistant to help confused users make their way around Word, and a startup from Israel called WalkMe earlier this month launched a service that offers the equivalent for the web: an interactive, on-screen guide that helps users get around complicated web pages. And two weeks out in the market, WalkMe has announced its first round of funding, from Luxembourg-based… → Read More
Enterprise company ScaleXtreme, which provides cloud-based server automation products for data centers, an iPhone app today. Basically, ScaleXtreme for the iPhone gives IT admins an on-the-go view of their physical servers, virtual machines and public cloud instances.
As we’ve written in the past, ScaleXtreme offers a simple, data center automation SaaS. The automation platform allows companies… → Read More
Apptio, which offers enterprise SaaS for managing IT and operations to large companies looking to stay abreast of the latest advances, has raised yet more money from a familiar roster of investors. This $50 million round, their fourth, was led by “certain investment strategies” at T. Rowe Price Associates, Inc., augmented by continuing investment from Andreessen Horowitz, Greylock Partners… → Read More
IPOs are hot again. Naturally, the press is focused on high-profile offerings like Facebook’s. But, I think there is a more important group of companies going public: Smaller, less sexy Software-as-a-Service (SaaS) startups. Think of it as the Sexy IPOs versus the SaaS-y IPOs.
They aren’t household names, but the most recent SaaS IPOs (Cornerstone, Jive, Brightcove and Bazaarvoice) are doing… → Read More
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