The age of the centaur: $100M ARR is the new cloud valuation milestone
As the public cloud market pulls back, VCs and founders alike must prioritize recurring revenue over sky high valuations that are often as mythical as the unicorns they’re named after.
Lumos wants to build an app store for the enterprise
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 plans to take on the SaaS
Facebook opens Oculus Store to 2D progressive web apps
Facebook wants to make its Quest 2 headset a productivity device for a new generation of remote workers, but in order to pull that off, it needs apps. Today, Facebook announced that they’re brin
In public and private markets, cloud earnings and valuations heat up
This quarter, strong earnings results from public cloud companies were overshadowed by a seemingly endless IPO cycle. Another moment we somewhat missed over the last few weeks was the stock market pus
It’s holiday season for tech unicorns
Did you follow all of the unicorn news from the last couple of weeks? No? Here’s a list of headlines to catch you up....
What happens when public SaaS companies don’t meet heightened investor expectations?
Late last week we discussed how, this deep into the earnings cycle, it appeared that public SaaS and cloud companies had largely made it through the Q2 gauntlet unscathed. Sure, through last week ther
Public markets fall yet again as venture deal counts appear to slip
Let's take a look at how elevated stock prices remain and what that means for tech multiples, and then look at the January and February VC markets in U.S., China and Europe.
The herd sours on unprofitable unicorns again
Profitability is tied to growth. You can have one or the other, but rarely both simultaneously.
How we scaled our startup by being remote first
Startups are often associated with the benefits and toys provided in their offices. But what if the future of startups was less about physical office space and more about remote-first work...
Smartsheet acquires Slope to help creatives collaborate
Smartsheet, the project management and collaboration tool that went public last April, announced the acquisition of Seattle-based TernPro, Inc., makers of Slope, a collaboration tool designed for shar
Elastic’s IPO filing is here
Elastic, the provider of subscription-based data search software used by Dell, Netflix, The New York Times and others, has unveiled its IPO filing after confidentially submitting paperwork to the SEC
Insight Venture Partners closes on its largest fund with $6.3 billion
Insight Venture Partners has raised $6.3 billion for its latest (and largest ever) fund as technology investors continue to amass increasingly large war chests. In the wake of SoftBank’s massiv
DocuSign closes up 38% and Smartsheet 30% in their debuts on Nasdaq and NYSE
It was a big day for enterprise tech IPOs, which have been on a roll in 2018. Today, not one but two enterprise tech companies, DocuSign and Smartsheet, saw their share prices pop as they made their d
Smartsheet co-founder’s next project is a robotic rock picker-upper
A co-founder of Smartsheet, the enterprise collaboration startup that just filed for an IPO, is taking a hard right turn into the world of agriculture robotics. Brent Frei has been working on an autom
Smartsheet files for IPO
Smartsheet is the latest company to file to go public, now that the IPO window is open. The Bellevue, Washington-based company offers enterprise software for communication and collaboration. It des
Collaboration platform Smartsheet nabs $52M at $800M valuation
Cloud-based communication and collaboration platforms are the name of the game today in enterprise software, and now one of the still-independent leaders in that space is announcing a significant ro
Predicting the next Slack: Finding sticky cloud apps with cult-like followings
While it seemingly came out of nowhere, Slack’s meteoric rise was no coincidence. Between its early focus on winning over developers who quickly became incredibly effective evangelists and its aggre
Smartsheet Helps Businesses Visualize Themselves
Smartsheet, the spreadsheet-based project and work management platform, is now making it easier for companies to understand how their employees actually work (and who they mostly work with). Companies
Smartsheet Adds Android App For Collaborative Spreadsheet Service As Enterprise Warms To The Mobile Platform
<p>A growing list of SaaS providers are launching Android apps. iPhone apps still dominate but the shift to mobile is forcing companies like <a target="_blank" href="http://www.smartsheet.com/">Smarts
Crowdsourcing Developers To Connect Apps Using Appirio CloudSpokes
Appirio has launched a new partner program for connecting cloud apps through <a target="_blank" href="http://www.cloudspokes.com/">CloudSpokes</a>, its 72,000 member developer community. Apps incre