SaaStr

By Jason M. Lemkin | The web's leading community for SaaS founders and execs

Akamai buys software startup Soasta

Akamai said it plans to integrate Soasta's technology into its web performance solutions portfolio.<p>Akamai Technologies has snapped up Soasta, makers …

Startups

OneLogin brings some smarts to multi-factor authentication

Multi-factor authentication or MFA is designed to protect your identity by forcing you to enter a second independent security method to determine it’s really you. Yet like every security system, there is a fine-line between usability and safety. That’s why OneLogin rolled out a new version of its …

Security

Looker Eyes Ownership Of Crowded Business Intelligence Field With $81.5M From Alphabet

Looker CEO Frank Bien says that his startup’s taken off in a noisy market of business intelligence players for one simple reason: the state of data inside many companies is a a total mess. “Everyone’s been talking about data for the past five or seven years, and there haven’t been a lot of success …

Business Intelligence

Silicon Valley Startups Favor IPOs Over Deals as M&A Languishes - Bloomberg

When it comes to choosing an exit, some closely held technology companies are betting they can get richer valuations from a public listing than from …

Venture Capital

Box - Are Investors Boxed Into The Name Or Is There A Significant Escape Hatch?

Box reported the results of its fiscal year earlier this month.<p>The company over-attained operating result expectations noticeably.<p>The company offered …

Investing

AWS launches Amazon Connect, productizes Amazon’s in-house contact center software

AWS continues to add yet more software and services to build out its revenues and touchpoints with businesses that already use its cloud infrastructure for storage and to host and administer services and apps. The latest product, launching today, is Amazon Connect, a cloud-based contact center …

Amazon Web Services

Watch Out, Corporate Learning: Here Comes Disruption

The corporate training market, which is over $130 billion in size, is about to be disrupted. Companies are starting to move away from their Learning Management Systems (LMS), buy all sorts of new tools for digital learning, and rebuild a whole new infrastructure to help employees learn. And the …

Machine Learning

Rigetti Computing Raises $64 Million in Series A and B Funding, Led by Andreessen Horowitz and Vy Capital

BERKELEY, Calif., March 28, 2017 /PRNewswire/ -- Rigetti Computing, a leading quantum computing start-up, announced it has raised $64 million in …

The CEO of startup Gusto is taking three employees on an 11-city trip ... in a Winnebago

Last fall, Josh Reeves, CEO of San Francisco-based HR software startup Gusto, conducted an experiment. He did his own take on the reality TV show Undercover Boss.<p>He wasn't exactly undercover (his employees knew who he was) but in the course of a couple of months, he shadowed someone on each of the …

Silicon Valley

Logistics startup Turvo zooms out of stealth with $25 million in Series A funding

Turvo, a two-year-old, Sunnyvale, Ca.-based company, is emerging today with an idea so ambitious that investors have provided it with $25 million in Series A funding to chase it.<p>What it wants to do: connect people looking to have things shipped, which doesn’t sound so unlike what a lot of both …

Startups

Salesforce looks for a future beyond its walls with rising VC investments and acquisitions

When it comes to investments and acquisitions, Salesforce has made headlines lately for deals that didn’t happen. The company’s rebuffed $26 billion bid for LinkedIn last year and a run at Twitter that never got off the ground would have ranked by far as Salesforce’s largest deals.<p>But those …

Capitalism

Twilio Inc (TWLO) Stock Is Almost Ready to Fly

Ever since the share lockup for shares of <b>Twilio Inc</b> (NYSE:<b>TWLO</b>) ended on Feb. 10, bearishness remained elevated with a short float of 28.85%. Though, …

Stocks

Trump, Palantir, and the Battle to Clean Up a Huge Army Procurement Swamp

<b>By Steven Brill</b><p>Photograph by Greg Kahn<p>March 27, 2017, 6:00 AM EDT<p>Will the President help Peter Thiel’s company, which says it has a product that …

U.S. Dept. of Defense

Kathy Lord (Intacct), Kyle Porter (SalesLoft), John Barrows...

(Less than 30 days to SaaStr Annual 2017. Do you have your tix yet?!?!)<p>In this session, sales veterans John Barrows, Owner of JBarrows, chats with …

Selling

Celebrating Sending 1 Trillion Emails

Recently SendGrid passed a major milestone, surpassing 1 trillion emails sent since we launched in 2009. I think people typically try to quantify …

Productivity

Elon Musk has launched a company that hopes to link your brain to a computer

Elon Musk has launched a company dedicated to linking human brains with computers, The Wall Street Journal's Rolfe Winkler reported Monday.<p>Internal sources told The Journal that the company, called Neuralink, was developing "neural lace" technology that would allow people to communicate directly …

Elon Musk

The Anatomy Of A Successful IPO

I have been fortunate that three of the investments I led for Sapphire Ventures (Nutanix, MuleSoft and Alteryx) have had an IPO in the last six …

IPOs

Diversity From The Bottom Up: Lessons And Insights From Tech Leader Atlassian

In 2014, Google made a pioneering contribution when it published its first diversity and inclusion report, a move soon followed by other tech giants such as Apple, Intel and Salesforce. Given our focus on linking diversity and performance, this month we were delighted to learn about two new …

Recruitment

Okta prices its IPO and hopes to hit a $2 billion valuation

The second big enterprise tech IPO of the year, Okta, has released a price range for the 11 million shares it plans to soon sell on the public market: $13-$15 per share. If the offering ends up at the midpoint of that range, the company will raise nearly $160 million and be valued at about $2 …

SaaS

Cloud computing pushes into the classroom, but not without challenges

The "digital divide" has changed, but it hasn't necessarily gotten better.<p>When you think about a traditional school workflow, it's not unlike that of …

Education Technology

Alleged vDOS Owners Poised to Stand Trial — Krebs on Security

Police in Israel are recommending that the state attorney’s office indict and prosecute two 18-year-olds suspected of operating <b>vDOS</b>, until recently …

FBI

A new $100 million Russian investment fund is targeting AI startups globally

Global AI investment fever has hit Russia, with a recently launched $100 million fund making its inaugural investments.<p>Announced in late 2016, the fund is backed by Larnabel VC, the venture arm of the Gutseriev family, one of the richest in Russia, and VP Capital, the investment vehicle of …

Artificial Intelligence

SoftBank invests $300 million in shared-office space startup WeWork

(<i>Reuters</i>) — SoftBank Group Corp has invested $300 million in shared-office space company WeWork, the first installment of a multi-billion-dollar bet, according to a source familiar with the matter.<p>SoftBank, the Japanese telecommunications and internet company, has made bold and wide-ranging bets in …

Startups

​Microsoft yanks Docs.com search after complaints of exposed sensitive files

Security experts pointed to numerous sensitive and personal files found on Microsoft's document sharing site, which lets users share documents …

Microsoft

Alteryx - Strong Topline Growth And Reasonable Sales Multiples Might Attract Opportunistic Investors

Alteryx offers a data analytics platform which allows better, quicker and cheaper data analytical services.<p>The company is growing very rapidly, with …

Investing

Say hello to Tradeshift Ada, an AI layer on our commerce platform - Tradeshift Blog

I’m excited to announce that we’ve released Ada, the new AI layer on the Tradeshift platform. It will learn from user interactions, improve business …

5 Steps to Sales Enablement Success

Getting teams more productive faster is a top priority for every company, CEO, CRO and CMO. Who doesn’t want to get more reps hitting quota faster? …

Venture Capitalist: The Best Time to Be Innovating in SaaS is Now

Jason Lemkin is Investor and Founder Champion at SaaStr Fund. SaaStr Fund is a $70 million venture fund that focuses on early-ish stage investments exclusively in SaaS/enterprise/B2B start-ups. Lemkin is a hyper-founder centric VC and has sourced or been the first or very early investor in many …

SaaS

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