Sunday December 22, 2024

Zuora latest cloud company to launch predictive data product

 Zuora, the cloud company that helps SaaS companies and others manage their subscription businesses, launched Zuora Insights today, a product designed to help customers understand the nuances of the data behind the subscriptions. Like so many SaaS companies these days, Zuora understands that there is value in the data they produce on a daily basis […]

Determining the worth of your SaaS company

 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 […]

Oracle buys enterprise cloud services company NetSuite for $9.3B

 Oracle will acquire NetSuite for about $9.3 billion, or $109 per share in an all-cash deal, the companies announced Thursday. Both Oracle and NetSuite’s cloud service offerings aimed at enterprise customers will continue to operate and “coexist in the marketplace forever,” according to a statement by Oracle CEO Mark Hurd. Hurd called NetSuite and Oracle’s offerings… […]

Enterprise Mobile Software Company Nubo Raises $7M Series A

 Nubo, whose software enables employees to access company files on their own mobile devices, has raised $7 million in Series A funding. The round was led by Magma Venture Partners and Motorola Solutions Venture Capital. Read More Tweet This Post

Gradle Grabs $4.2 Million To Expand Commercial Company Around Open Source Build System

 Surely by now we know that every company is a software company, and as more companies focus on software development, it is increasingly difficult for them to manage the complexity around coordinating builds and creating executables. That’s where the open source Gradle tool comes in — and it got $4.2 million today to continue to […]

Suddenly Every Company Is Becoming A Venture Capitalist

 It has often been said that every company is a software company or even a big data company, but as I attended the Intel Capital Global Summit last week, another thought occurred to me: every company is now also an investment company. The star of the show last week was Intel Capital of course, the venture […]

Drone Maker DJI Takes Minority Stake In Iconic Swedish Camera Company Hasselblad

 On the heels of a $75 million investment from Accel, Chinese drone king DJI is putting some of its funding to use by making some investments of its own. The company this week announced that it would be taking a stake in Hasselblad, a camera maker from Sweden that focuses (!) on high quality equipment, often used […]

Qualtrics Founder Ryan Smith Talks Bootstrapping His Company And Then Raising A Boatload Of Cash

 Qualtrics spent most of its life bootstrapped and trying to be profitable. Then it raised $220 million — and Qualtrics CEO Ryan Smith was worried he’d have to move to Silicon Valley. But the company has become a success story coming out of Utah, and the company’s focus on profitability and being a sustainable business […]

Emburse Looks To Help Companies Issue Prepaid Company Debit Cards On The Fly

 Not every employee, especially those at smaller businesses, can get a corporate credit card — but they still need to pay company-related expenses. That’s where Emburse, a startup that issues prepaid cards quickly to employees, is hoping to help. Emburse works with a card-issuer and a bank to help companies issue company cards with specific […]

More Layoffs For Intuit As Company Continues Realignment

 Intuit is laying off 249 employees, mostly in the company’s Small Business Group, according to an internal memo from CEO Brad Smith reviewed by TechCrunch. We first heard about the layoffs this morning, and Intuit also confirmed the layoffs to TechCrunch. In June, Intuit laid off 399 employees as part of a company realignment. Last week as […]