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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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Why GoToMeeting’s SaaS Playbook Wouldn’t Work Today

InfoChachkie

During the early 2000’s, my team grew the company to one of the largest SaaS businesses of its day, with sales of $70 million. In November of 2015, Citrix announced that it will spin out the “GoTo” Division, of which GoToMeeting remains the flagship product, as a standalone public company. Share and Enjoy.

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What I Learned In 2015: Jeb Spencer, TVC Capital

socalTECH

Jeb Spencer: For TVC, closing on our new $115 million software focused growth equity fund at the end of last year made for an exciting 2015. Just this year alone we have studied 3,400 North American enterprise software companies including many in SoCal and dug in deep on over 200 of these companies.

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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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Praying to the God of Valuation

Both Sides of the Table

I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. 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.

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John Greathouse: What I Learned In 2014

socalTECH

What was the most significant event for you or your company this year? We also brought in several top-tier VC firms onto the Boards of our portfolio companies, including: Sequoia, Accel, Kleiner and Volition. What technologies or things are you looking forward to most in 2015? What was your biggest lesson learned in 2014?