SaaS

Slack announces Connect, an improved way for companies to talk to one another

Virtual events are the new norm for product rollouts in 2020, with Slack taking to the internet earlier today to talk about a new part of its service called Slack Connect. On the heels of Apple’

Software shares set new records as tech rallies

In another up for technology shares, software companies saw their values reach new heights today. The day’s trading comes after a sell-off last week eased some of technology companies’ reb

As SaaS stocks retrace highs, a glance at today’s cloud fundamentals

The domestic stock market is advancing today on the back of some better-than-anticipated economic recovery data in the United States. While retail spending is still lower compared to the year-ago peri

Software’s meteoric rise: Have VCs gone too far?

SaaS businesses uniquely benefited from falling infrastructure costs, superior business models, low interest rates and a shift from on-premise IT systems, but these tailwinds won't last forever.

Vendr raises $4M from David Sacks’s Craft Ventures to reduce SaaS bills

When TechCrunch last checked in with the Y Combinator-backed Vendr in October, the company had just raised $2 million, and was crowing about its profitability. Profitable seed-stage companies aren&#82

Acceleprise announces 26 SaaS startups from its trio of accelerators

The TechCrunch crew has worked to keep tabs on this year’s startup accelerator classes. Conventional wisdom in startup land states that great companies are founded during more trying economic ti

The accelerating digital transformation, redux

Earlier this week, TechCrunch covered a grip of earnings reports showing that some companies helping other businesses move to modern software solutions are seeing accelerated growth. Inside the Softwa

Slack drops 10%+ after its revenue growth, guidance fail to impress

Today Slack reported its earnings results for the three months ending April 30, 2020, the first quarter of its fiscal 2021. The well-known SaaS chat service posted revenue of $201.7 million, up 50% co

Zoom and CrowdStrike hang onto 2020 gains despite huge earnings expectations

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday after the bell, Zoom and CrowdStrike reported earnings. The two technol

Ahead of its 2015 debut, Atlassian’s IPO deck detailed a financial rocketship

TechCrunch recently dug into Atlassian’s IPO deck, detailing how the company prepped the document and took it on the road. It’s worth your time. Read it. It’s always interesting to d

What the hell, SaaS valuations?

SaaS stocks are at it again, and I think I’ve got it figured it out. More precisely I think I’ve figured out what other people think is going on. After rigorous fact-checking by both readi

API startups are so hot right now

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. A cluster of related companies recently caught our eye by raising capital in rapi

12 VCs share their thoughts on enterprise startup trends and opportunities

Compared to other tech firms, enterprise companies have held up well during the pandemic. If anything, the problems enterprises were facing prior to the economic downturn have become even more pronoun

BetterCloud scores $75M Series F as SaaS management needs grow

BetterCloud gives IT visibility into its SaaS tools providing the means to discover, manage and secure those tools. In the middle of a crisis that has forced most companies to move workers home, being

Pennylane is an accounting service that improves your financial visibility

Meet Pennylane, a new French startup that is a building a full-stack service to deal with your financial data. With Pennylane, you get a real-time view of your financial data and you don’t have to w

Are stable SaaS valuations driven by logic or hope?

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. The resilience of the American stock market in the face of near-record unemployme

Kingsoft Cloud IPO Defies Expectation as Vroom angles for debut

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Last Friday something very odd happened: the public debut of Kingsoft Cloud, a co

SaaS stocks defy gravity amid pandemic, record job losses

Let's take a look at why the SaaS cohort is the apple of Wall Street's eye.

B2B SaaS growth may be on a path to recovery

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As the economy has worsened, the market for many goods and services has slowed. S

Zetta Venture Partners’ Jocelyn Goldfein chats about AI investing

Earlier this month, Zetta Venture Partners, a B2B, AI-focused venture outfit, announced a new $180 million fund. As new VC funds are anecdotally a bit thinner on the ground these days — and because
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