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Considering our revenue is SaaS revenue this achievement is even more remarkable. The timing of the announcement of this investment couldn’t have been timed more perfectly if we tried. And before that you might enjoy this longer analysis on why I invested in DataSift in the first place , which was written 2.5 Asymmetric.
It connects companies with investors, allows investors to forward on referrals to other investors, and once an investment has been made, allows a company to post updates to the site. That makes it easier to get money in the door, and keep investors happy for follow on investments. Who would find this most useful? Thanks, and good luck!
Howard Lindzon , the San Diego angel investors who also heads up stock micro-messaging site StockTwits , has invested in another private company-- Discoverly. READ MORE>>.
Lookout – SaaS provider of security and data back-up services for smart phones. Jelli - I went on record saying that I wanted to invest and that I think this company will create a big success. Yammer, Salesforce Chatter. Total Raised: $9.64mm. Read more: TechCrunch , ReadWriteWeb , TheNextWeb. Total raised: $16.5mm.
There were things like Yammer, Jive, and all that. I think that, because of software-as-a-service and the cloud, companies no longer have to invest $50,000 or $100,000 in software, that geographically, you don't have to be as close to Bay Area companies. That said, we still have a lot of Bay Area customers.
If you’re Yammer , Mint or RedBeacon (all winners) you’re knighted with wonderful coverage. Help them better do their job – I’ve always been a big believer that relationships with journalists are a long-term investment. Many other great companies are not. - Might be true, but not in your best interests.
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