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

SaaS Funding Targest Software Companies With New Santa Monica Office

socalTECH

SaaS Funding , a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. The company, which provides senior and junior debt capital, says it is targeting Software-as-a-Service (SaaS), digital media and tech enabled service companies who are bootstrapped or backed by angels. SaaS Funding's Santa Monica office is led by Charlie Perer. saas funding santa monica debt financing finance venture capital software investment

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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Why SaaS is Exploding: A whitepaper

Technology Council

Dave Key and Technology Council of Southern California Virtually everyone agrees the SaaS market is growing incredibly quickly; Gartner predicted cloud growth would be 21% in 2011. IDC predicts SaaS growth at 25.3% Forester predicts SaaS will account for 26% of the package software market by 2016, while Deloitte forecasts that only [.]. saas cloud cloud strategies Dave Key report SaaS software

Vroozi Raises $4M For Procurement Software

socalTECH

cloud saas growth expansion capital venture software procurement vrooziLos Angeles-based Vroozi , a developer of cloud-based, B2B procurement software, has raised $4M in a funding round, the company said this morning. The funding was led by Ally Holdings. The startup, led by Steve Olds, said the funding will go towards growing its sales organization, as well as for development efforts. READ MORE>>.

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. The opportunities cloud computing and SaaS afford management. Paths to SaaS and cloud computing that will work for your enterprise. The post Above the Cloud with Dave Linthicum | Shifting Perspectives on SaaS and Enterprise IT appeared first on TechZulu.

Raken Aims for Growth in Mobile App for Construction Site Reporting

Xconomy

National blog main National top stories San Diego San Diego blog main San Diego top stories Building Industry Construction Industry Entrepreneurship IT Kyle Slager Mobile mobile apps people Raken Sergey Sundukovskiy Software Software as a Service (SaaS) startups Web wireless

Why SaaS is Exploding: A whitepaper

Technology Council

Dave Key and Technology Council of Southern California Virtually everyone agrees the SaaS market is growing incredibly quickly; Gartner predicted cloud growth would be 21% in 2011. IDC predicts SaaS growth at 25.3% Forester predicts SaaS will account for 26% of the package software market by 2016, while Deloitte forecasts that only […]. saas cloud cloud strategies Dave Key report SaaS software

SaaS Funding Targets Software Companies With New Santa Monica Office

socalTECH

SaaS Funding , a new provider of debt funding to software-as-a-service companies, said it has set up an office in Santa Monica. The company, which provides senior and junior debt capital, says it is targeting Software-as-a-Service (SaaS), digital media and tech enabled service companies who are bootstrapped or backed by angels. SaaS Funding's Santa Monica office is led by Charlie Perer. saas funding santa monica debt financing finance venture capital software investment

Mavenlink Raises $39M From Goldman Sachs

socalTECH

sachs goldman saas management software work mavenlinkIrvine-based software developer Mavenlink announced this morning that it has raised $39M in a funding round from Goldman Sachs, as part of a Series D funding round. Mavenlink develops software used for work planning, managing projects, and financials, and working with and managing teams. The company, led by CEO Ray Grainger, says it has now raised a total of $84M in funding.

Ashton Kutcher, Sound Ventures Back Gigster In $10M Funding

socalTECH

saas celebrity kutcher ashton design development software ondemand capital venture gigsterAshton Kutcher and his Los Angeles-based venture firm, Sound Ventures , are one of the backers of a new startup which says it can offer up on-demand, software development and design services.

Corent Technologies Finds $3.0M For SaaS Enablement

socalTECH

corent saas software enterprise enable microsoft Aliso Viejo-based Corent Technologies , the developer of software which helps turn corporate applications into software-as-a-service, has raised another $3.0M in funding, according to a regulatory filing from the firm Wednesday. Details on the funding have not yet been announced by the company.

Servoy Upgrades SaaS Software

socalTECH

Tags: development saas software servoy

Bitium Raises $2.4M

socalTECH

Bitium said it is developing a Software-as-a-Service (SaaS) operating system, offering up everything from authentication and authorization of cloud-based software to features like consolidated messaging for apps. authentication system operating amplify software saas capital venture bitium Venice Beach-based Bitium , a new startup out of LA''s Amplify accelerator, announced this morning that it has raised $2.4M in a seed funding round.

Enterprise Software Is Back: SoCal Sees Surge In Software Deals

socalTECH

TigerText co-founder and CEO Brad Brooks says if found that investors have recognized the company is at the intersection of a number of big trends in the market--the smartphone, text messaging, widespread enterprise adoption of SaaS solutions, and employees using their own devices at work.

SaaS/Software Revenue Workshop

SoCal Tech Calendar

Thursday, June 17, 2010 -- SaaS/Software Revenue Workshop. SDSIC. If you are a Software, Cloud-Computing or technology company and want to grow your revenue predictably and profitably, you should attend our 5 hour Revenue Acceleration Workshop. This Workshop is designed for executives who are looking for a proven and capital efficient way to consistently grow their revenue without costly marketing and sales experimentation.

CrowdStrike Raises $100M From Google, Others

socalTECH

crowdstrike google capital venture investment rackspace endpoint saas software foundstone mcafee cybersecurity securityIrvine-based CrowdStrike , the developer of security software led by George Kurtz, said this morning that it has raised $100M in a Series C financing round, which was led by Google Capital, and also included Rackspace, Accel, and Warburg Pincus. The company develops endpoint protection software-as-a-service, which is used to protect computers against cyber attacks.

MaxCDN Acquired By StackPath

socalTECH

maxcdn stackpath content delivery network telecom saas security merger acquisitionLos Angeles-based content delivery network operator MaxCDN has been acquired by security-as-a-service startup StackPath , StackPath revealed today as part of a big launch. Financial terms of the acquisition were not announced. MaxCDN, led by Chris Ueland, said on Sunday that the company will help StackPath work on its secure, content delivery platform. Stackpath is based in Dallas, Texas. READ MORE>>.

Scientist.com Raises $24M for “Pharma Markets” that Outsource R&D

Xconomy

San Diego’s Scientist.com set out in 2006 to disrupt part of the pharmaceutical business by providing an Amazon-like approach to the business of hiring contract research organizations (CROs).

BlackLine Soars In IPO Debut

socalTECH

blackline systems merger acquisition finance accounting software saas close financial fintechWoodland Hills-based BlackLine Software , the developer of accounting close software, soared in its IPO debut on Friday, and was trading up more than 45 percent in morning trading on the NASDAQ Global Select Market. BlackLine was trading around $24.79 at around 12:50PM EDT, up $7.79 from its IPO debut price of $17.00 per share.

Classy Captures $18M For Nonprofit Software

socalTECH

salesforce cloud saas software fundraising nonprofit capital venture stayclassy classySan Diego-based Classy , which develops cloud-based software used by nonprofits for fundraising, disclosed that it has raised $18M in a new funding round. The funding came from Mithril Capital Management and Salesforce Ventures. Classy was founded in 2006 as StayClassy, and also counts Bullpen Capital and Venture51 as backers.

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). The software itself is hosted by a third party, SAAS service provider, which is responsible for maintaining software or hardware associated with the application.

MediaPlatform Picks Up $12M

socalTECH

training software saas enterprise corporate webcast streaming stream video capital venture mediaplatformLos Angeles-based MediaPlatform , a startup developing enterprise video and webcasting software aimed at corporate customers, has raised $12M in a growth equity funding. The funding was led by TVC Capital, and also included Barshop Ventures and the company's CEO. MediaPlatform said that Jeb Spencer and Mykel Sprinkles of TVC Capital will join the company's board of directors.

Nimble Links Contact Records, Web Pages

socalTECH

nimble contact management software saasNimble , 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.

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Ten of Southern California's Top Software Companies

socalTECH

technology computing algorithm saas softwareSouthern California is often criticized for having too many startups which only revolve around brand, celebrity, ecommerce, and.

Evite Names Tech Veteran Pucino As CFO

socalTECH

evite paul pucino chief financial officer executive invitations saasLos Angeles-based online invitations service Evite has named Paul Pucino as the company's new Chief Financial Officer, the firm said today. Pucino is a longtime veteran of Southern California's technology industry, having served as CFO of such companies as THQ, Digital Insight, and Tekelec. Evite said Pucino will be responsible for all accounting, finance, financial reporting, and financial systems at the company.

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Interview with Damir Davidovic, NEOGOV

socalTECH

When we first started, back in the day, government were very shy about implementing SaaS. We were very stubborn from day one, that this was SaaS, and we did not want to offer an on-premise product, and that it's not even an option.

Procore Technologies Wins Big Construction Client

socalTECH

procore technologies construction cloud software saas mortensonCarpinteria-based Procore Technlogies , which develops cloud-based, construction management software, said it has signed its largest deal to date, with construction company Mortenson Construction. Financial impact of the win was not disclosed. Procore, which is led by Tooey Courtemanche, said that Mortenson Construction is approximately number 18 in the nation in terms of top construction firms, based on industry rankings.

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Qualcomm Backs Ravello For Virtualization Software

socalTECH

software saas cloud amazon disk vmdk vmware investment capital venture qualcomm systems ravello San Diego-based Qualcomm has made an investment in virtualization software developer Ravello Systems , Ravello said this morning, as part of a $28M funding round. The funding came from Qualcomm Ventures, SanDisk Ventures, along with Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners and Vintage Investment Partners. Ravello is based in Palo Alto.

Turn Your Software App into SaaS in Days

SoCal Tech Calendar

Wednesday, November 7, 2012 -- Turn Your Software App into SaaS in Days! How do you turn your software application into a fully operational, Software-as-a-Service (SaaS), without investing a lot of time, programming resources, and money into the effort? Corent Technology, the emerging leader in Software to SaaS transformation is offering a complimentary and informative breakfast session hosted by IBM at IBM La Jolla office on Nov.

Turn Your Software App into SaaS in Days

SoCal Tech Calendar

Thursday, November 1, 2012 -- Turn Your Software App into SaaS in Days! How do you turn your software application into a fully operational, Software-as-a-Service (SaaS), without investing a lot of time, programming resources, and money into the effort? Corent Technology, the emerging leader in Software to SaaS transformation is offering a complimentary and informative breakfast session hosted by IBM at IBM La Jolla office on Nov.

ServiceNow Launches Its Own Venture Investment Arm, ServiceNow Ventures

socalTECH

servicenow venture capital investment finance startup entrepreneur group software saas services managementServiceNow , the developer of service management software led by Frank Slootman--and which started in San Diego--has launched its own venture capital arm, ServiceNow Ventures.

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