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Reflections On 2017: Peter Cowen, Sutton Capital Partners

socalTECH

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. What was the biggest personal lesson you learned from 2017? What was the big news for you or your company this year?

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How MakeSpace Recently Closed $30 million in New Funding

Both Sides of the Table

So how did a company that provides storage grow so fast (we’ll exit 2017 with 10’s of millions in recurring revenue), why is it so defensible and is it really a tech startup? Today I’m excited to announce we’ve recently raised $30 million in growth finance led by 8VC , with Kimmy Scotti joining our board. years of software development.

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Recurring Revenue Conference

SoCal Tech Calendar

Wednesday, April 26, 2017 -- Recurring Revenue Conference. Join local entrepreneurs, SaaS innovators, leading VCs, private equity/angel investors April 26, 2017 at the Recurring Revenue Conference (www.recurringrevenueconference.com) presented by Sutton Capital Partners.

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A year in review: productboard’s top 10 posts from 2017

socalTECH

Read on for our top posts from 2017! ?? With so many APIs, SaaS ecosystems, and cloud platforms to rely on, a digital product that may have taken five years to get off the ground in 2000 can now be brought to life in a matter of months. Still prioritizing features in a spreadsheet? It was PM heaven… Then something funny happened.

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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 Invoca was raising at the tail end of this market phenomenon at this time doing tens of millions in SaaS recurring revenue and growing at a nice clip. Total customers grew 20% year/year.

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Some Advice Before You Hit the Fund Raising Trail

Both Sides of the Table

Let’s say you have built a SaaS company where a large part of the early revenue comes from a few big customers or a large part of the revenue is services based vs. software based. The investor is a customer and they have money to spend but only for a limited number of companies. Let me give you an example.

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Nimble Rolls Out Major Upgrade To CRM Tool

socalTECH

Los Angeles-based cloud customer relationship management (CRM) software developer Nimble rolled out a major upgrade to its sofwtare this week, saying it added major updates to its contact records, added granular activity tracking, contact privacy, and integration with Office 365, Power BI, and Azure. READ MORE>>.