SaaS
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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
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Clerky may not be a household name like TurboTax today, but the company’s business formation software has been called a “secret weapon” by startup founders in Silicon Valley for years. Many Y Combinator cofounders use it to get their companies started on paper. And now, Clerky is launching two new tools called Hiring and Fundraising to help startups move beyond… Read More
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A San Diego startup called Classy has raised $30 million for software-as-a-service that helps nonprofits raise donations online, and keep supporters engaged in a good cause for the long run. Specifically, Classy helps 501c3 or other nonprofit organizations to run crowdfunding, online and mobile campaigns, awareness and fundraising events all under one roof. This makes it possible for nonprofits… Read More
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The opaque, confusing and highly volatile practice of valuing a private SaaS business is frustrating for entrepreneurs and investors alike. Furthermore, the lack of transparency adds a tremendous amount of friction to a capital raise or the sale of a company. The reality is, it’s not all that hard to get a quick read on your SaaS company’s valuation. Read More
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The past few years have been exciting for drones; they’ve gained the attention of consumers, enterprises and governments. Their ability to shoot photography and capture data, and potentially violate privacy, has led to many opinions, regulations and oversight. As a result, we are increasingly asking ourselves if drones are actually a “sector” or are yet another layer in… Read More
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Asana — the enterprise SaaS business started by Facebook co-founder Dustin Moskovitz and early Facebook employee Justin Rosenstein — has made a name for itself as a workflow and task management app that aims to help teams be more productive by making it much easier to figure out what needs to get done. But today, the company is taking the wraps off a new service that will… Read More
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Multitenancy was the single-biggest technology breakthrough in SaaS. It not only allowed for higher gross margins, it made it viable to serve small and medium businesses with world-class software — at a profit. Similarly, serverless compute is both a new way of building apps and a new way of consuming and paying for it. Serverless takes the promise of multitenancy to a whole new level. Read More
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London-based Pusher, the company powering The NY Times’ live election results and DraftKing’s fantasy scoring results, just raised $2.5 million to up its stakes further. The money came from SaaS Capital, which focuses on debt financing aimed at the Software as a Service (SaaS) space. Read More
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Today, Pingpad, which launched last year as a consumer mobile app, did an about-face, announcing it has built a collaboration tool on top of the popular Slack enterprise communications platform. It shut down the consumer mobile app recently to concentrate on this approach.
Ross Mayfield, one of the founders of PingPad, has been around since the earliest days of Enterprise 2.0, founding… Read More
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The path for SaaS domination of a market segment has historically followed one of two routes: bringing previously offline workflows online, or moving on-premise software processes online. In short, SaaS would take over segments that previously were not SaaSified. Yet, the current wave of HR SaaS innovators the past few years is proving that there can be more to the story. Read More
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