Remove 2015 Remove Customer Remove SaaS
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SaaS Is Dead, Long Live Software

InfoChachkie

It’s high time we kill the term Software As A Service (SaaS) and call it what it is – software. Even Salesforce abandoned it’s silly “No Software” tagline, after the company had to explain in 2015 that it meant, “No legacy software, just cloud software.”. You’re not a SaaS company, you’re a software company.

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3 Reasons SaaS Savvy Entrepreneurs Don’t Build Their Own Portals

InfoChachkie

Even entrepreneurs that already sold on SaaS should stake note of new research from the SalientGroup : SaaS gets funded - Nearly 50% of SaaS-based startups are getting successfully funded—a rate of funding success no other sector can match. Overall, according to Gartner, the SaaS market will top $22 billion by 2015.

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M. Both Poghosyan and Gudanis have long histories in identity and access management, back in 2009 Poghosyan founded Advancive Technology Solutions, which was acquired by Optiv in 2015 to bulk up its identity access management service.

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BlackLine Tops 1300 Customers

socalTECH

Los Angeles-based finance and accounting automation software developer BlackLine reports this morning that it added 393 new customers in 2015 and now has over 1300 customers around the world. The company said that among the new clients it added during the year were Houghton Mifflin Harcourt, Malaysia Airlines, Roku and Trivago.

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Praying to the God of Valuation

Both Sides of the Table

Sure, we built SaaS products before the term even existed but at 31 it was hard to delineate reality from what all of the monied people around us were telling us what we were worth. In those years I learned to properly build product, price products, sell products and serve customers. Until we weren’t.

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An Inside Scoop on the Funding Environment and What it Might Mean for You

Both Sides of the Table

Invoca had grown steadily and consistently since 2009 and by 2015 SaaS companies with scale had become hot – trading at a median of 7.3x Every VC who’s been the business for a long time realized first hand that the VC markets were changing rapidly as early as Q3 of 2015. Total customers grew 20% year/year.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Past investors also included Y Combinator, where GrubMarket was part of the Winter 2015 cohort), and for some more context, GrubMarket last raised money in April 2019 , $28 million at a $228 million valuation, a source says. “We had to limit our daily delivery volume in some regions, and put new customers on waiting lists.”