Jason M. Lemkinflipped into SaaStr2 days agoHanaHaus to shutter at the end of the monthpaloaltoonline.com - Gennady SheynerCiting a shift in its business strategy, SAP announced on Sept. 9 that it will close down HanaHaus, a co-working space with a Blue Bottle Coffee that …
Jason M. Lemkinflipped into SaaStr2 days agoMiami-based AI bookkeeping startup Finally has raised another big round: $200M in equity and debtverified_publisherTechCrunch - Mary Ann AzevedoThe SMB-focused bookkeeping, accounting and finance startup Finally has raised $50 million in a Series B round of funding and secured a $150 million credit line, TechCrunch is the first to report. The financing comes just seven months after the fintech company announced it had raised $10 million in …
Jason M. Lemkinflipped into SaaStr2 days agoProgress acquires file management platform ShareFile for $875Mverified_publisherTechCrunch - Kyle WiggersAutomation and IT monitoring company Progress on Monday announced that it intends to acquire file management platform ShareFile for $875 million in cash and credit. Progress CEO Yogesh Gupta said that the deal, which is expected to close by November 30, will bolster Progress’ portfolio with tools to …
Jason M. Lemkinflipped into SaaStr3 days agoEuropean VC Atomico closes $1.24B across two funds for early and growth-stage startupsverified_publisherTechCrunch - Paul SawersAs European startups continue to look for signs of sustained market confidence beyond the hype around AI companies, Atomico — one of the region’s more iconic, largest venture capital firms — has raised more money to make investments that might indicate how the market is really moving. The VC has …
Jason M. Lemkinflipped into SaaStr3 days agoZuora: Rising Margins, Potential Catalysts Make It Attractiveverified_publisherSeeking Alpha - Sandeep Nital DavidInvestment thesis Zuora (NYSE:ZUO) is a leading software provider for businesses to manage their subscription-based services. The company's dominant …
Jason M. Lemkinflipped into SaaStr4 days agoDynatrace: Cautious Management Guidance Despite Strong Fundamentals, Reduced My Position By Halfverified_publisherSeeking Alpha - Amrita RoyIntroduction & Investment Thesis I last covered Dynatrace (NYSE:DT) last month before its Q1 FY25 earnings, where I outlined some of the important …