SaaS

VC firm Oxx says SaaS startups should avoid high-risk growth models

Oxx, a European venture capital firm co-founded by Richard Anton and Mikael Johnsson, this month announced the closing of its debut fund of $133 million to back “Europe’s most promising SaaS compa

A boom, a bust, a reckoning, a race: Four takes on today’s startup market

Where are we today in the startup business cycle? We'll summarize a few different perspectives on the question, and then come up with our best synthesis of the group.

Coronavirus fears hit markets, bringing US shares down as tech and SaaS slip

Fears over the potential impact of the coronavirus spreading in Europe, Asia and the Middle East have sent stocks plummeting in Monday’s open — with tech stocks among the hardest hit. The

DigitalOcean raises $100M in debt as it scales toward revenue of $300M, profitability

DigitalOcean, a cloud infrastructure provider targeting smaller business and younger companies, announced today that it has secured $100 million in new debt from a group of investors, bringing its 201

So much for pessimism

After WeWork exploded there was — at least supposedly — a change in sentiment among investors and founders alike. Gone were the days of easy nine-figure rounds, expensive growth, negative unit eco

Sixgill raises $15M to expand its dark web intelligence platform

Sixgill, an Israeli cyberthreat intelligence company that specializes in monitoring the deep and dark web, today announced that it has raised a $15 million funding round led by Sonae IM, a fund based

SaaS kicks off 2020 with an extra billion in VC funding as round count halves

The venture capital world is investing more capital into software-as-a-service companies (SaaS), despite cutting the number of deals it executes within the startup category, according to Crunchbase da

What Nutanix got right (and wrong) in its IPO roadshow

Back in 2016, Nutanix decided to take the big step of going public. Part of that process was creating a pitch deck and presenting it during its roadshow, a coming-out party when a company goes on tour

As SaaS stocks set new records, Atlassian’s earnings show there’s still room to grow

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. SaaS stocks had a good run in late 2019. TechCrunch covered their ascent, a recov

Shared inbox startup Front raises $59 million round led by other tech CEOs

Front is raising a $59 million Series C funding round. Interestingly, the startup hasn’t raised with a traditional VC firm leading the round. A handful of super business angels are investing directl

As Alphabet crests the $1T mark, SaaS stocks reach all-time highs of their own

Continuing our irregular surveys of the public markets, two things happened this week that are worth our time. First, a third domestic technology company — Alphabet — passed the $1 trillio

Cloudinary passes $60M ARR without VC money

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re continuing our exploration of companies that have reached material

Public investors loved SaaS stocks in 2019, and startups should be thankful

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today, something short. Continuing our loose collection of looks back of the past

Slack’s worth about 18x revenue, and there’s nothing wrong with that

One odd thing in 2019 has been Slack’s falling share price contrasted against the rising value of the Nasdaq composite, a tech-heavy index that many use as shorthand for the US tech market. Why

Extra Crunch members get free startup legal documents from Avodocs

We’re excited to announce a new community perk for Extra Crunch. Starting today, annual and two-year Extra Crunch members located in the United States can get free access to Avodocs from AXDRAFT. Av

Pricefx scores additional €23M for its cloud-based pricing software

Pricefx, the Munich-founded startup that offers cloud-based pricing software, has raised €23 million in additional funding as part of its earlier Series B round. The new investment is led by Digital

This startup is making customized sexual harassment training that it says employees won’t hate (or forget)

If you work for someone else, you likely know the drill: in comes that annual email reminding you that it’s time for unconscious bias or sexual harassment training, and if you could please finis

Market research platform Milieu Insight raises $2.4 million to launch in more Southeast Asian countries

Milieu Insight, a Singapore-based market research and data platform, announced today that it has raised $2.4 million in pre-A funding. The round, led by MassMutual Ventures Southeast Asia, will be use

Top VCs, founders share how to build a successful SaaS company

Last week at TechCrunch Disrupt in San Francisco, we hosted a panel on the Extra Crunch stage on “How to build a billion-dollar SaaS company.” A better title probably would have been &#822

Ten years after Adobe bought Omniture, the deal comes into clearer focus

Ten years ago this week, Adobe acquired Omniture for $1.8 billion. At the time, Adobe was a software company selling boxed software like Dreamweaver, Flash and Photoshop to creatives. Many people were
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