Last year Apttus, which provides pricing, quoting and contract building on the Salesforce platform was growing at a crazy rate. It appeared to be headed to IPO or a Salesforce purchase when it got a punch to the gut. Salesforce bought Steelbrick instead. Sources say, Apttus might have gotten greedy, thinking it was the only enterprise […]
Posted on October 11th, 2016 by admin
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One of the hallmarks of any social network is how it pushes people to share their experiences with others, but increasingly we’ve seen a lot of moves by social platforms to give people the option to remain very private, if they choose. One of the latest moves on this front comes from LinkedIn, the social […]
Posted on October 10th, 2016 by admin
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The Internet of Things — the area of technology where previously dumb objects are getting equipped with radio signals and microprocessors to be connected, monitored, controlled and supercharged through networks — is still in its early days, but one of the more interesting startups in the field is raising some significant money as it gears up to […]
Posted on October 10th, 2016 by admin
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Salesforce chairman and CEO Marc Benioff knows a thing or two about how to put on a good show. As usual, he pulled out all the stops this week at Dreamforce, his company’s massive customer conference in San Francisco. He was boasting at the keynote that 175,000 people registered online (and another 15 million were watching online). […]
Posted on October 9th, 2016 by admin
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Salesforce has been on a shopping spree this year, spending in the neighborhood of $5-6 billion on 10 companies. That’s why it was interesting to hear company president, vice chairman and COO, Keith Block talk about what they look for in an acquisition target at a press conference at Dreamforce this week. This is particularly true […]
Posted on October 9th, 2016 by admin
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We’re hearing from several sources that a secondary financing round is in the works for GitHub, following its last $250 million financing round that valued it at $2 billion in July last year. However, there’s a little bit of interesting chatter beyond that they’re raising a secondary for potential liquidation of investors or employees, we hear. […]
Posted on October 8th, 2016 by admin
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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 […]
Posted on October 8th, 2016 by admin
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When Salesforce purchased Quip last summer for $750 million, it seemed on its face to be an unusual acquisition for the cloud CRM company. Salesforce tends to concentrate on more vertical targets. In fact, at a press conference this week at Dreamforce, Salesforce president, vice chairman and COO — yes, he has all those titles — said when […]
Posted on October 7th, 2016 by admin
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OpenStack, the massive open source project that helps enterprises run the equivalent of AWS in their own data centers, is launching the 14th major version of its software today. Newton, as this new version is called, shows how OpenStack has matured over the last few years. The focus this time is on making some of the core OpenStack services […]
Posted on October 7th, 2016 by admin
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Emburse launched last year seeking out businesses that wanted to handle one-time or a few expenses through issuing prepaid corporate debit cards. But it may be that the market, which is filled with a disparate different kinds of tools, needs a more generalized approach. So to move beyond that, Emburse said it is opening up […]
Posted on October 6th, 2016 by admin
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