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Posts Tagged ‘SaaS’

Salesforce delivers, Wall Street doubts as stock falls 6.3% post-earnings

Wall Street investors can be fickle beasts. Take Salesforce as an example. The CRM giant announced a $5.82 billion quarter when it reported earnings yesterday. Revenue was up 20% year over year. The company also reported $21.25 billion in total revenue for the just closed FY2021, up 24% YoY. If that wasn’t enough, it raised ...

EC roundup: BNPL startups, growth marketing tips, solid state battery market map, more

When I needed a new sofa several months ago, I was pleased to find a buy now, pay later (BNPL) option during the checkout process. I had prepared myself to make a major financial outlay, but the service fees were well worth the convenience of deferring the entire payment. Coincidentally, I was siting on said ...

In freemium marketing, product analytics are the difference between conversion and confusion

Considering that fewer than 5% of free users move to paid plans, even a slight improvement in conversion can translate to significant revenue gains. ...

Lang.ai snags $2M to remove technical burden of implementing AI for businesses

Lang.ai, which has developed a no-code platform for businesses, closed on a $2 million seed funding round. The company’s SaaS platform aims to allow business users to structure any free-text data with custom categories built through a drag & drop interface, based on AI-extracted concepts. Village Global led the financing, which included participation from new ...

Box acquires eSignature startup SignRequest for new content workflows

Box announced this morning that it has agreed to acquire eSignature startup SignRequest for $55 million.The acquisition gives the company a native signature component it has been lacking and opens up new workflows for the company. Box CEO Aaron Levie says the company has seen increased demand from customers to digitize more of their workflows, ...

Playvox scores $25M Series A and acquires Australian startup Agyle Time

It’s not every day you see a Latin American startup funded by a U.S. venture capital firm based in the midwest. Playvox, a Colombian startup that wants to bring a positive twist to customer service monitoring announced a $25 million Series A from Five Elms Capital, a Kansas City, MO VC firm. It has now ...

SetSail nabs $26M Series A to rethink sales compensation

SetSail wants to upend the way sales people get compensated by paying them throughout the sales cycle, rather than a single commission after the sale closes. Today, the startup announced a $26 million Series A. Insight Partners led the round with participation from existing investors Wing Venture Capital, Team8 and Operator Collective. Today’s investment brings ...

Qualtrics raises IPO pricing ahead of debut

This morning, Qualtrics, a software company that tracks customer and employee sentiment, filed a new S-1 document. The new filing raises Qualtrics’ expected IPO price range, providing the Utah-based unicorn with a higher potential valuation in its impending debut. Qualtrics previously sold to SAP for $8 billion while on the path to going public; after ...

Unpacking Chamath Palihapitiya’s **** deals for Latch and Sunlight Financial

Latch is an enterprise SaaS company that makes keyless entry systems for buildings; Sunlight Financial offers point of sale financing for residential solar systems. ...