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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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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. I couldn’t spend money fast enough.

SaaS 100
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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 Andreessen Horowitz (a16z) led both the Series D and E rounds for the company, which says it has seen 100% growth year over year and a tripling in revenue over the past 18 months.

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

TechCrunch LA

LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4 LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M.

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Parallax Capital Partners Buys SaaS Firm Daptiv

socalTECH

Laguna Hills-based Parallax Capital Partners , an investment group which acquires and operates software companies, said today that it has acquired Seattle-based Daptiv , a provider of online software-as-a-service for project and portfolio management. Financial terms of the acquisition were not announced.

SaaS 157
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Mission Debuts Managed Services, Cloud Consulting After Merger

socalTECH

A newly launched company, Mission --created from the merger of Los Angeles-based Reliam , Los Angeles-based Stratalux ,and Boston-based G2 Tech Group -- has launched under a new, consolidated brand, Mission said this week. READ MORE>>.

Services 133
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WePlay Acquired By TeamSnap

socalTECH

Financial terms of the acquisition were not announced. TeamSnap said it has acquired Weplay''s customers, technology, and online coaching resources and extensive video content as part of the buy. The company said that WePlay had 2.25 million customers. The company said that WePlay had 2.25 million customers.

SaaS 170