SaaS

  • Cloud computing has demanded a kinder, gentler Oracle

    Cloud computing has demanded a kinder, gentler Oracle

    Oracle has always had a swagger that reflects the public persona of its bombastic leader, Larry Ellison, but over the last several years, as the company has transitioned to the cloud, it has required a transformation to one that is softer and more customer-centric. Mind you, this was a company that was the poster child for vendor lock-in the 90s and early 2000s. They knew you were looking for… Read More

  • Building a Series A SaaS valuation estimator (2017 edition) Crunch Network

    Building a Series A SaaS valuation estimator (2017 edition)

    I have financed nearly 50 early-stage companies and the question of proper valuation comes up in every financing. There is the obvious tension: Generally speaking, the existing shareholders would like the highest valuation possible, while the new investors would prefer the lowest. For founders, understanding how VCs look at valuation is critical for a successful fundraising process. Read More

  • Salesforce Einstein celebrates its first birthday with several new features

    Salesforce Einstein celebrates its first birthday with several new features

    Salesforce launched Einstein, its artificial intelligence platform just one year ago this week. As it celebrates its first birthday, it’s worth taking a look back at the first year and looking at a couple of enhancements they’re adding as a birthday surprise. It’s easy to lose sight of the fact that Einstein isn’t actually a product at all, even though Salesforce markets… Read More

  • The new wave of Brazilian SaaS innovators Crunch Network

    The new wave of Brazilian SaaS innovators

    The SaaS market in Brazil is booming. It mirrors the rapid adoption of SaaS as the dominant cloud computing type in a global public cloud services market that’s forecast to reach more than $122B in 2017. Earlier this year, we embarked on an inaugural survey of more than 400 executives of Brazil-based SaaS companies. Here are some of the most interesting things we learned. Read More

  • Freshdesk owner Freshworks acquires Joe Hukum as it plans a move into chatbots

    Freshdesk owner Freshworks acquires Joe Hukum as it plans a move into chatbots

    After raising $55 million last year to build its business beyond its existing help desk services, today Freshworks (the parent company of Freshdesk) has made an acquisition to help it fill out that strategy. The company has acquired Joe Hukum, a startup out of India that offers a platform for businesses to build their own chatbots. I’ve asked, but the companies are not revealing any terms… Read More

  • As Egnyte turns 10, it moves into data protection

    As Egnyte turns 10, it moves into data protection

    Egnyte had a big milestone last week. It turned 10 years old, which is a pretty big deal for a startup. The company has survived and even thrived, but as it moves into its second decade, it recognizes that it can’t live on file sync and share alone, and today it announced the general availability of a new product called Egnyte Protect. The product was introduced in Beta last year, but… Read More

  • Algolia raises $53 million for its search engine API

    Algolia raises $53 million for its search engine API

    French startup Algolia just raised a $53 million Series B round led by Accel, a couple of years after raising $18.3 million with… Accel also leading the round. So it looks like it’s a love story between the VC firm and the software-as-a-service startup. Read More

  • Swingvy raises $1.1M to give HR staff in Southeast Asia a break from paperwork

    Swingvy raises $1.1M to give HR staff in Southeast Asia a break from paperwork

    Human resources paperwork is never fun to take care of—especially if it’s literally on paper. Swingvy co-founder Jin Choeh says that in Southeast Asia, many small businesses are still stuck with physical spreadsheets and piles of forms. Swingvy wants to help them with affordable cloud-based software. The South Korea and Malaysia-based startup just raised $1.1 million in seed funding… Read More

  • Qwilr, which turns boring business documents into attractive websites, raises $1.5M

    Qwilr, which turns boring business documents into attractive websites, raises $1.5M

    Qwilr, an Australian startup that helps companies turn boring PDFs and other static sales documents into attractive websites, has grabbed $1.5 million to develop its product and expand its global reach. Sydney-based Qwilr raised $500,000 from Sydney Seed Fund and Macdoch Ventures in 2015, but its new financing is provided by Germany’s Point Nine, a VC firm that specializes in… Read More

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