SaaS
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Oracle takes the cloud revenue fast track with $9.3 billion Netsuite deal
When Oracle bought NetSuite yesterday for a cool $9.3 billion in cash, it let the world know it was now totally serious about growing cloud computing revenue. That wasn’t always the case. In the early days of the cloud, Oracle was content to sit on the sidelines and make fun, while it raked in traditional license and maintenance revenue. In fact, CEO Larry Ellison famously ridiculed… Read More
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Narvar raises $22 million to help internet retailers deliver physical goods without frustrating customers
Battery Ventures led a $22 million, Series B investment in Narvar Inc., a company helping internet retailers keep their customers happy post-purchase, meaning until their packages are delivered, and if need be, successfully returned for an exchange or refund. Battery was joined by Fung Capital, a logistics-focused fund, and Narvar’s earlier backers Accel Partners and Freestyle… Read More
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HeyMarket, mobile CRM for text messaging, stops you from drunk texting your customers
Like most stories worth telling, this one begins with bad time management. The day I was set to fly out to San Francisco, I was on the road with a friend driving to Chapel Hill from Chicago. By the time I got back, I had just under an hour to pack for my new home. I got to the airport 20 minutes before my flight and clutched a miracle. Unfortunately, my checked bag was not as lucky. Read More
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Apartments are the hot new tech sector
Welcome to the land technology forgot. High-end leases negotiated and signed via fax. Millions of dollars in apartment inventory tracked on whiteboards with dry-erase markers. Client histories recorded in longhand in legal notebooks and stashed in manila folders. Multi-family real estate (i.e. apartment buildings) is one the fastest-growing sectors in the country right now. Read More
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Meet the latest cohort of Acceleprise startups, and the apps they built to make work easier
Acceleprise, a San Francisco-based accelerator for enterprise tech and software-as-a-service startups, held a Demo Day for its third cohort of companies today. The accelerator invests $50,000 into each startup admitted to its program via convertible note financing, taking approximately a 5 percent stake under a $1 million cap. It admits 8-12 companies per cohort, and invests out of a $3.5… Read More
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Keith Block talks life at Salesforce and being a Boston sports fan in San Francisco
The day I met Keith Block at the Salesforce World Tour in Boston he was relaxing in a suite at the Hynes Convention Center, a man at ease with his considerable responsibilities as vice chairman, president and COO at Salesforce. His Twitter bio, like mine, also lists him as a Boston sports fan. We had a lot to talk about. The day we chatted, Block had been front and center at the… Read More
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Want to compete with Salesforce? Buy Marketo
There are several enterprise players that want a share of Salesforce’s business, but just aren’t making headway by knuckling up against the company’s dominant, entrenched SaaS CRM offerings. Rather than competing head on, a smarter approach for these businesses is to “front door” Salesforce, instead. Read More
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Gravitational Helps Deliver Software On-Prem And In Cloud From Single Code Base
Gravitational, a graduate of the Y Combinator 2015 class set out solve a very difficult problem for companies — how to deliver software in the cloud and on-premises from a single code base.
Without a solution like the one from Gravaitional, companies would have to maintain two sets of code, which is simply too costly for most companies to pull off. That meant these companies were… Read More
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How Solar Software Can Save The World
VCs have avoided solar deals ever since Solyndra became a four-letter word. But while their attention has strayed, the industry has been on a tear. In 2010, U.S. solar installers hit a milestone of 1 GW per year. Five years later, they’re installing more than 1 GW per month. This tremendous growth has fed a swelling herd of solar unicorns populated by the likes of SolarCity, SunEdison… Read More
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Storm Ventures Launches $10M Fund For Indian SaaS Startups
Earlier this week, Indian Prime Minister Narendra Modi introduced a set of initiatives, called Startup India, designed to help the country’s fledgling tech companies and their investors. One of the first Silicon Valley venture capital firms to take advantage of Startup India is Storm Ventures, which just launched a new fund for SaaS startups in India. Read More
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