Enterprise
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The path for SaaS domination of a market segment has historically followed one of two routes: bringing previously offline workflows online, or moving on-premise software processes online. In short, SaaS would take over segments that previously were not SaaSified. Yet, the current wave of HR SaaS innovators the past few years is proving that there can be more to the story. Read More
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Kyna and Conan Fong were at dinner trying to convince their father, who ran a medical practice, to try something different than just keeping paper records. There’s a good reason for that — they’re slow, they’re hard to transfer and share (often requiring paper delivery or faxes), and there’s a lot of information that can be lost along the way. But despite that being… Read More
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In a beacon of hope for onlooking founders, Y Combinator reject and network analytics startup Kentik Technologies locked down a $23 million Series B this morning. Let’s be honest — most of us don’t know anything about network infrastructure. Fortunately for most of us, we can afford not to know. For internet service providers and companies making use of a large number of… Read More
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You could make a case that Minecraft is the professional network of 10-year-olds, but you’d have to work pretty hard at it. That’s not what Satya Nadella means when he uses Minecraft as an example of why LinkedIn was a great acquisition target for Microsoft, speaking to Bloomberg today in an interview reflecting on Microsoft as a company advancing in years. Here’s the key… Read More
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From rising rents to online competitors, local stores and restaurants face enough challenges outside of their own doors that basic stuff like scheduling employees’ shifts and breaks should feel easy. But that process is still, too often, a mess of paperwork and data entry. A startup called Homebase has raised $6 million to make hourly work much easier to manage for every business on… Read More
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Many executives and employees have need for a role that’s basically a “chief of staff” — someone who keeps track of all the details about everyone they encounter and are headed off to meet in their professional careers. But there’s plenty of information that they might be missing out on, and as you head downstream to smaller companies those roles are just as… Read More
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It’s an interesting time for Dropbox’s document-building tool, Paper. Quip, in a similar vein to Paper, was bought for a whopping $750 million by Salesforce earlier this week. This deal surprised a ton of people, but made a lot of sense given that Salesforce has seemingly been dipping its toes into collaboration software. So Quip is a great, and natural, fit for Salesforce and… Read More
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Ping Identity announced its first acquisition since being acquired by Vista Equity Partners in June for $600 million, grabbing Austin-based UnboundID for an undisclosed purchase price. The purchase, which Ping CEO Andre Durand says wouldn’t have been possible before the acquisition, expands his company’s mission beyond protecting pure business identity to customer identity and… Read More
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Distil Networks, a company that helps discover and eradicate bad bots, announced a $21 million Series C round today.
Funders include new investor Silicon Valley Bank along with previous participants Bessemer Venture Partners, Foundry Group and TechStars. It comes on the heels of another $21 million round in June, 2015 and brings the total raised to $65 million across all rounds.
With the… Read More
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Salesforce is continuing its buying spree to expand the kinds of cloud-based apps and services that it offers to its customers beyond basic CRM. The company has just announced that it is acquiring Quip, the cloud-based word processing app that was co-founded by Bret Taylor, formerly CTO of Facebook. We understand from two sources very close to the deal that the total price is $750 million.… Read More
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