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. At approximately $600 million in recurring, annual revenue, the new GoTo Company will rank as one of the largest pure SaaS companies on the planet.

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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. This is where SaaS gets sexy.

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Trending Sources

Four Innovative SaaS To Get Excited About

Tech Zulu Event

SaaS – or Software as a Service – platforms are all the rage. Essentially a business model where software is licensed and distributed from a central location, SaaS companies can now be found in telecoms, human resources, and more.

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SaaS Subcriptions Are Great – TranSaaSional Pricing Is Better

InfoChachkie

Software as a service (SaaS) is a popular business model because it facilitates the delivery of incremental value to customers, while allowing the vendor to adjust their prices over time. A hybrid of the SaaS model is emerging. Focus on Existing Customers.

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JustEnough Gets Customer

socalTECH

Newport Beach-based JustEnough Software , a developer of a cloud-based app for managing customer demand and inventory planning, said this morning that it has been selected by a retailer. According to the company, Journelle is using its products for forecasting customer demand, planning inventory, and optimizing purchasing. Financial impact of the customer win was not disclosed. JustEnough's software is being used along with NetSuite's SuiteCloud software.

MindTouch Picks Up $12M For Customer Self Service Software

socalTECH

San Diego-based MindTouch , a developer of software-as-a-service tools to help companies create self-service, customer support sites, has raised $12M in a Series A funding. MindTouch, which was founded by Steve Bjorg and Aaron Fulkerson back in 2005, said the funding will go to increase its integration with software such as Salesforce, SAP, and Oracle, and grow its marketing, business development, sales, and engineering teams.

ServiceTitan Scores $18M For Home Services Management Software

socalTECH

Glendale-based ServiceTitan , a developer of cloud-based software used by home services business management, has raised $18M in a Series A funding round. ServiceTitan, led by Ara Mahdessian, develops software used by home service companies inn the HVAC, plumbing, and electrical industries, who use the cloud-based software for managing their operations and computer service. servicetitan venture capital home services management cloud saas hvac operations

CallFire's FireText Integrates with Freshdesk

socalTECH

FireText , the UK-based SMS marketing service whici s now owned by Santa Monica--based CallFire, said this week that it has integrated its software for customer support software provider Freshdesk , allowing companies to interact with their customers via texting. FireText said the integration allows companies to add text message to their customer service efforts, letting them update, notify, and stay in touch with customers via SMS.

Shopatron Updates Ecommerce Software

socalTECH

San Luis Obispo-based Shopatron , which develops e-commerce software for retailers, said today that it has made a major upgrade to its software. provides an upgraded customer experience, targeted at increasing sales for its customers. Shopatron's customers include Callaway Golf, Suzuki, Polaroid, Mizuno, Ducati, JL Audio and Sport Chalet. shopatron ecommerce software saas

RightScale Launches Hybrid, Private Cloud Management Software

socalTECH

The firm has linked with fellow Santa Barbara cloud computing firm Eucaalyptus, as well as private cloud provider Cloud.com to offer up the software. RightScale's new myCloud offering is very similar to the setup that customer Zynga uses in its social gaming service; the configuration allows the deployment and migration of projects between both private clouds and public clouds like AWS. rightscale hybrid private cloud management software saas zynga eucalyptus

Central Desktop Claims Growth In Staff, Customers

socalTECH

Los Angeles-based CEntral Desktop , the developer of online project and collaboration software which is headed by Isaac Garcia, claimed yesterday that it has seen growth in both its employees and customers last year. The company said it grew its staff by 43 percent in 2011, and increased its enterprise customer base by 41 percent. collaboration software saas management project desktop central

Chrome River: Building An Enterprise Software Leader In LA, with Dave Terry

socalTECH

A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What does Chrome River's software do? It's software-as-a-service based, and we have organizations worldwide, from very small companies, to 100 employees and up, to Fortune 500 companies, across a wide variety of industries.

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Above the Cloud with Dave Linthicum | Shifting Perspectives on SaaS and Enterprise IT

Tech Zulu Event

Join us for a special evening with InfoWorld’s Dave Linthicum as he delves into global enterprise software trends with some of LA’s most successful SaaS and cloud computing companies. Featuring panelists from SOA Software , Edgecast and Bitium , we’ll discuss: Top priorities and challenges for today’s CIO. The opportunities cloud computing and SaaS afford management. Paths to SaaS and cloud computing that will work for your enterprise.

MediaPlatform Picks Up $12M

socalTECH

Los Angeles-based MediaPlatform , a startup developing enterprise video and webcasting software aimed at corporate customers, has raised $12M in a growth equity funding. The startup offers up its webcasting platform specifically for corporate communications, training, and collaboration, and says its customers include Abbott Laboratories, ConocoPhillips, Ericsson, Facebook, General Motors, EY, Mattress Firm and UL.

Nimble Links Contact Records, Web Pages

socalTECH

Nimble , the developer of web-based, contact management software, said Thursday that it has enhanced its software to allow users to link any web page to contact records in the product. Nimble--which is led by CRM software vet Jon Ferrara--said that the new enhancements lets users pull in external data, such as maps, invoices, news, and much more. The firm has been looking to bring contact management into the web-based, social age with its software.

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Interview: Mark Faggiano On TaxJar's Sales Tax Savvy Software

socalTECH

So, it was a surprise when a number of smart, insider angels -- including Roy Rubin (founder of Magento, which he sold to eBay), and Dan Rose (VP of Partnerships at Facebook)--put their money behind TaxJar (www.taxjar.com), a San Diego startup developing sales tax compliance software.

How Kaleo Is Tackling Enterprise Knowledge Sharing

socalTECH

He's now hard at work at a new company, Kaleo, which is tackling the enterprise, knowledge sharing market�and already has an impressive list of Fortune 500 customers. Phil Hui-Bon-Hoa: We have 35 customers, all of whome are very large, blue chip customers. How has it been building an enterprise software company in Southern California? That said, we still have a lot of Bay Area customers. However, I think all companies now are okay with trying new software here.

Interview with Damir Davidovic, NEOGOV

socalTECH

NEOGOV , which has quietly built an enterprise software company supplying human resources software to the government and public sector. Currently, we have over a thousand customers, with customers ranging from anywhere from 100 employees to clients with more than a 100,000.

Replicated Gets $5M

socalTECH

Los Angeles-based Replicated , a company that uses container technology to encapsulate software-as-a-service applications into on-premise runnable instances, has raised $5M in a Series A, according to the company. Replicated says its tools can take any containerized cloud application and deploy it behind a customer's firewall, into a corporate data center or into a private cloud. replicated venture capital container software saas enterprise

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Want to Get Rich? Listen to Your Customers Like These Founders……

Steve Reich

This is not an article about the high moral purpose and the nobility of listening to your customers. It is an article about how to make your company worth a fortune by listening to your customers. It gives the best customer experience of any phone. Listen to your customers and grow rich. Here are two successful founders who are building great companies by listening to their customers: Rick Stollmeyer of MindBodyOnline and Travis Giggy of SwingbySwing Golf.

SendGrid Sets Up Shop In Anaheim

socalTECH

Cloud-based, email infrastructure provider SendGrid , which develops cloud software to help businesses more easily deliver emails to customers, has set up shop in Anaheim, California, the firm said Wednesday. Albers was most recently at Direct EDI, a firm provideing e-commerce software, and also has previously served at MySpace, New Momentum, and AMG-SIU. sendgrid anaheim engineering jobs employment email infrastructure cloud software saas

PacketSled Raises $5M for Automated Cybersecurity Monitoring System

Xconomy

Founded in Del Mar, CA in 2012, PacketSled has developed cloud-based technology that continuously monitors its customers’ computer networks, and provides automated intrusion detection, response, and forensics capabilities.

BlackLine Tops 1300 Customers

socalTECH

Los Angeles-based finance and accounting automation software developer BlackLine reports this morning that it added 393 new customers in 2015 and now has over 1300 customers around the world. blackline systems growth finance accounting software saas reconcileThe company said that among the new clients it added during the year were Houghton Mifflin Harcourt, Malaysia Airlines, Roku and Trivago.

TZ Presents: ‘Nice Guys’ DO Finish First In Business | Fireside Chat With Clay Collins

Tech Zulu Event

Clay will share his experience on how to build a profitable and bootstrapped SAAS startup that’s doubled in revenue almost every month since its inception. Custom ad deals and partnerships.

Cornerstone OnDemand Extends Alliance With ADP

socalTECH

Santa Monica-based Cornerstone OnDemand , the provider of cloud-based talent management software for the enterprise, and human resources management outsourcer ADP , said today that they have expanded an existing strategic alliance between the companies to target small businesses. The two have been working together since 2009 to make Cornerstone's larger, enterprise targeted offerings, available to ADP's larger customers.

Cornerstone OnDemand Lands Maersk

socalTECH

Santa Monica-based cloud software developer Cornerstone OnDemand has signed on shipping and transportation giant Maersk has its newest customer, the company reported this morning. cornerstone ondemand maersk learning compliance software saas cloudFinancial details of the deal were not disclosed. Cornerstone OnDemand says it will deploy its Cornerstone Learning and Cornerstone Connect products to Maersk's 89,000 employees worldwide.

Contatta Funding Puts ACT!, Goldmine Founders Head To Head Again

socalTECH

Once upon a time, when the desktop PC was king, there were two kingdoms in the world of customer relationship management: ACT! However, fast forward to today, and the two players behind the two biggest CRM software products of the desktop PC age--Pat Sullivan and Jon Ferrara--are head to head again, as Sullivan''s new startup, Contatta , announced a funding round for its launch of a new, customer relationship management software product.

How ContractSafe Wants To Help You Get Your Legal Docs In Order, With Ken Button

socalTECH

We caught up with Ken Button , the co-founder and CEO of the company, to learn more about why the startup already has signed up such customers as California Pizza Kitchen, Obvious Ventures, Fandango, Greenspire, and others to the service. Ken Button: I am a corporate attorney, and started in private practice at O'Melvany and Myers, and later served as General Counsel for a software business. We have been around software for a long time.

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H3 Financial Services Raises Funding

socalTECH

Aliso Viejo-based H3 Financial Services , a developer of web-based software for managing consumer finance and billing for the dental and veterinary market, has scored a Series A investment. H3''s software-as-a-service provides credit, billing, and payment options for customers of dental or veterinary practices, who typically do not have insurance coverage for those services. financing dental veterinary credit billing saas software services financial

OpenX Launches New Ad Platform, Powers Groupon

socalTECH

Pasadena-based OpenX , the Internet ad server developer, said today that it has launched a new version of its OpenX Enterprise software. The firm said that the new platform is being used by customers such as Groupon, Orange-France Telecom Group, and Excite Japan. OpenX said the updated software includes such features as real-time ad bidding, more control by publishers over ad quality and pricing, new APIs, and other features.

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RealPractice Launches Marketing Automation Product

socalTECH

In a move which significantly broadens its market focus, Santa Ana-based RealPractice said Tuesday that it has launched a new, automated marketing software called ReplyWise. The company said the new software is aimed at all types of small businesses, and helps local businesses to respond faster to customer inquiries, track online and offline advertising, and reply more effectively to calls, emails, and social media inquiries. realpractice software marketing automation saas

How Zadara Is Putting The Enterprise In The Storage Cloud

socalTECH

We caught up with Nelson Nahum , a longtime storage industry veteran and CEO of the company, to learn where Zadara fits and how it''s helping to move enterprise customers to the cloud. Basically, what that means is we create software that runs on servers, which forms a cloud storage service.

What SAAS Companies Need to Know About Network Management?

Tech Zulu Event

We’ve even created an acronym for these kinds of services: software as a service (SAAS). Usually, a company provides subscription based access to subscribers allowing these subscribers to use software in the cloud. Business Data Development Network Saas Startups