software as a service
Catalog is building the B2B commerce platform for small companies
When you think about commerce platforms, chances are the first names that come to mind are big names like Adobe Commerce or Salesforce Commerce Cloud. Large companies processing millions of…
IT teams today have to juggle an enormous number of tools, apps and systems. The average company was using 130 software-as-a-service (SaaS) apps as of 2022, according to Statista —…
Cloud security vendor Mitiga lands $45M, valuing the company at over $100M
Companies moved en masse to the cloud during the pandemic, under pressure to digitally transform. According to a 2021 survey from O’Reilly, cloud adoption steadily rose across industries, with 90%…
Copilot lands $10M to help service businesses build digital customer experiences
Copilot, a platform aimed at helping companies, including marketing agencies, accounting firms and law firms, run and grow their businesses, today announced that it raised $10 million in a Series…
SaaS costs are rising, particularly for enterprise customers with lots of licenses. But there’s ways to combat the climb.
Software-as-a-service (SaaS) subscriptions have become a fixture of the modern enterprise; organizations with more than 1,000 employees use over 150 SaaS apps on average, according to BetterCloud. Fully managed apps…
Unito, a startup offering a service to bring together disparate software-as-a-service (SaaS) platforms — for example, Jira and Trello — today announced it raised $20 million in a Series B…
Think of activation as getting users to a point where you know for sure that they will stay for a longer period of time. Which metrics separate customers who find…
Chameleon raises cash to help SaaS companies build better onboarding experiences
Chameleon, a startup providing low- and no-code tools designed to help software companies personalize the appearance of their apps, today announced that it raised $13 million. Part of a Series…
Surviving the SaaS tsunami: Optimize your tech stack to reduce risk and free up cash flow
The SaaS buying sprees of 2020 and 2021 have led to tech-stack fatigue, and IT departments are feeling the pressure of managing a complex and diverse set of tools and…
Massdriver wants to abstract away infrastructure to let devs focus on coding
Modern DevOps turned back the clock on agile software development. Them’s fighting words, but they’re words Cory O’Daniel, the CEO of Massdriver, stands by. From his point of view, engineers…
Cloudera, the Hadoop-centric big data company that IPO’d in 2017 and then went private again in a $5.3 billion deal in 2021, is now putting its emphasis on becoming the…
As digital tracking wanes, companies turn to online communities for direct access to customers
We spoke to a number of industry experts to get their take on community building and what it means for SaaS companies as they look for growth opportunities in a…
Not to jinx it, but SaaS valuations appear to be staging a recovery
We can infer from the data that not only are SaaS multiples recovering, but double-digit revenue multiples are back, baby!
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What does $2.8B buy you in today’s market?
The premium Thoma Bravo paid for Ping may look steep, but there is some logic to it.
With $40M in new funding, Frontegg looks to expand its B2B user management service
Frontegg, the popular user management service for developers who build B2B SaaS apps, today announced that it has raised a $40 million Series B round led by Stripes and Insight…
CircleCI, the popular continuous integration and delivery (CI/CD) platform, today announced a partnership with GitLab, the popular DevOps platform that also offers an integrated CI/CD service. That may seem like…
Strac plugs into Slack, OneDrive and more to automatically redact sensitive info
Increasingly, absent a federal framework, U.S. states are passing privacy and security laws aimed at protecting people’s data. The California Consumer Privacy Act is perhaps the best known, followed by…
Happeo lands $26M to provide a central intranet portal for employees
As companies adopt new tools to accommodate remote ways of work, it’s becoming tougher for their workforces to keep track of and manage information across internal services. It’s not just…
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Recurring revenue growth is the key to overcoming economic headwinds
Capchase concluded that “best-in-class” SaaS startups are still growing and that unit economics are reliable predictors of future success.
It’s tempting to over-invest in best-in-class technologies to drive efficiencies and stand out, but that technological desire to keep up with the Joneses can come at a significant cost.
Fintech was the hottest thing around last year, a fact that may now turn into a venture capital and startup headache.
Growing up enterprise for SaaS startups: 7 lessons on doing it right
A lot of founders make the mistake of thinking that hiring a bunch of highly paid account executives (a fancy name for salespeople) is the same as “going enterprise.” It’s…
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As investors focus more on profitability, product-led startups may be sitting pretty
The consensus is that now is a good time for the type of lean growth that product-led growth (PLG) can achieve.
It always stings to hear a prospect say, “Oh you’re like a cheaper/newer version of [your biggest competitor].” It stings even more when you know you have a superior product.
AppOmni raises $70M to find and secure vulnerabilities in SaaS app stacks
As more enterprises migrate apps and workloads into the cloud, so grows the need for more sophisticated tech to secure that activity. That’s resulted in a strong run of funding…
For our latest survey, we polled 1,200 IT leaders, representing roughly $570 billion in annual IT spending.
Paddle, the company that wants to take on Apple in IAP, raises $200M at a $1.4B valuation to supercharge SaaS payments
Software as a service has become the default for how organizations adopt and use apps these days, thanks to advances in cloud computing and networking, and the flexibility of pay-as-you-use…
TechCrunch+ roundup: Creating financial models, UiPath’s plummet, pitch deck pro tips
Did UiPath’s valuation get hit by the same shrink ray affecting other software companies, or are other factors at work?
Lumos, a startup that wants to provide an end-to-end solution for enterprises to manage all of the SaaS apps their employees use, is coming out of stealth today. The company…
