The accelerating digital transformation, redux

Earlier this week, TechCrunch covered a grip of earnings reports showing that some companies helping other businesses move to modern software solutions are seeing accelerated growth. Inside the Software as a Service (SaaS) world, this is known as the digital transformation. Based on how many software companies are talking about it, the pace of change […]

The IPO window is open

Whether or not you feel that this SaaS player was worth the revenue multiple its original, $8 billion valuation dictated, the message was clear: the IPO window is open.

Slack’s new integration deal with AWS could also be about tweaking Microsoft

Slack and Amazon announced a big integration late yesterday afternoon. As part of the deal, Slack will use Amazon Chime for its call feature, while reiterating its commitment to use AWS as its preferred cloud provider to run its infrastructure. At the same time, AWS has agreed to use Slack for internal communications. Make no […]

Slack drops 10%+ after its revenue growth, guidance fail to impress

Today Slack reported its earnings results for the three months ending April 30, 2020, the first quarter of its fiscal 2021. The well-known SaaS chat service posted revenue of $201.7 million, up 50% compared to its year-ago period. Slack also reported an adjusted per-share loss of $0.02, and per-share losses of $0.13 when counting all […]

SaaS earnings rise as pandemic pushes companies more rapidly to the cloud

As the pandemic surged and companies moved from offices to working at home, they needed tools to ensure the continuity of their business operations. SaaS companies have always been focused on allowing work from anywhere there’s access to a computer and internet connection, and while the economy is reeling from COVID-19 fallout, modern software companies […]

Zoom and CrowdStrike hang onto 2020 gains despite huge earnings expectations

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday after the bell, Zoom and CrowdStrike reported earnings. The two technology shops, members of the SaaS cohort of public companies that has performed so well this year, had high expectations to meet. This column […]

Ahead of its 2015 debut, Atlassian’s IPO deck detailed a financial rocketship

TechCrunch recently dug into Atlassian’s IPO deck, detailing how the company prepped the document and took it on the road. It’s worth your time. Read it. It’s always interesting to dig into a company’s IPO documents and decks after they’ve debuted, as with the benefit of passed time we can learn quite a lot. This […]

“Ask why until it feels awkward, and then ask once more”: Interview with Mambu’s CEO Eugene Danilkis

The banking system is changing. With many challenger banks opening across Europe, traditional high-street banks are being forced to digitalise, and more and more customers expect a forward thinking banking service.  In this context, Mambu was born, as one of the world’s only true SaaS banking platforms. Mambu is currently used by some of the […]

Should SaaS founders be raising capital now?

Here are a few cases and best practices that software founders can use to help push a decision forward now if considering a capital raise in the current environment.