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PayEngine Picks Up $1.6M for SaaS Payments

socalTECH

The funding came from Mucker Capital, BAM Ventures, I2BF Global Ventures, HIVE Ventures and other strategic investors, according to the company. The company said the new funding will go to expand its core team and operations and extend its business reach while ensuring a smooth rollout for existing customers.

SaaS 113
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Startup Metrics

TechEmpower

How does it meet customers’ needs? One way to approach that last question is to use this simple model: Customer Acquisition Cost (CAC) How will your business reach prospects? Customer Lifetime Value (CLV) How much money will your business generate from each converted customer? What does the business do?

Metrics 260
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Recurring revenues: Oil or glue?

Berkonomics

Management undertakes a simple exercise of calculating the increased profitability of shutting down all R&D, sales and subordinate operations, and universally notes with shock the high net profit that results – from shutting down all operations except customer service to recurring customers (as in software support operations.).

Sales 296
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Reflections On 2017: Peter Cowen, Sutton Capital Partners

socalTECH

This morning, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference.

Capital 124
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Nimble's Jon Ferrara On Retaining And Keeping Customers

socalTECH

This year, we're sponsoring the Recurring Revenue Conference (www.recurringrevenueconference.com), presented by Sutton Capital Partners. What's the biggest lesson you've learned about retaining and keeping your customers using the subscription model? How does customer service tie into all of this?

Customer 166
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Pipe Picks Up $6M For SaaS Financing

socalTECH

The company says its financing will enable companies to grow without additional costs to customers and without diluting their current cap table. Pipe is led by Harry Hurst, Josh Mangel, and Zain Allarakhia. Craft Ventures is the venture inevstment firm led by former PayPal executive David Sacks.

SaaS 124
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Reflections On 2019: Peter Cowen, Sutton Capital Partners

socalTECH

Today, we share the thoughts of Peter Cowen , Managing Director of Sutton Capital Partners (www.suttoncapitalpartners.com). Socaltech has partnered with Sutton Capital Partners with their Recurring Revenue Conference for several yars. One of our SaaS companies made great strides with a new product.

Capital 100