Collaborate Disseminate
As the pandemic took hold in 2020, companies accelerated their move to cloud services. Lacework, the cloud security startup, was in the right place at the right time as customers looked for ways to secure their cloud native workloads. The company reported that revenue grew 300% year over year for the second straight year. It […] Continue reading Lacework lands $525M investment as revenue grows 300%
Today is the day for huge VC returns. We talked a bit about Sequoia’s coming huge win with the IPO of game engine Unity this morning. Now, Sequoia might actually have the second largest return among companies filing to go public with the SEC today. Sequoia strikes gold with Unity’s IPO filing Snowflake filed its […] Continue reading Sutter Hill strikes ice-cold, $2.5B pre-market return with Snowflake’s IPO filing
Clumio, a 100-people startup that offers a SaaS-like service for enterprise backup, today announced that it has raised a $135 million Series C round, led by existing investor Sutter Hill Ventures and new investor Altimeter Captial. The announcement comes shortly after the company’s disclosure in August that it had quietly raised a total of $51 […] Continue reading Clumio raises $135M Series C for its backup as a service platform
Creating backups for massive enterprise deployments may feel like a solved problem, but for the most part, we’re still talking about complex hardware and software setups. Clumio, which is coming out of stealth today, wants to modernize enterprise data protection by eliminating the on-premise hardware in favor of a flexible, SaaS-style cloud-based backup solution. For […] Continue reading Clumio raises $51M to bring enterprise backup into the 21st century
As we wrote last week in How Salesforce paved the way for the SaaS platform approach, the ability to build extensions, applications and even whole companies on top of the Salesforce platform set the stage and the bar for every SaaS company since. Vlocity certainly recognized that. Targeting five verticals, it built industry-specific CRM solutions […] Continue reading Vlocity nabs $60M Series C investment on $1B valuation
Yext, the company that powers location data in search results, has revealed its IPO filing. The business will be able to join the stock market as soon as April. The offering is said to raise $100 million, but that number is subject to change. We will get more of an indication in the coming weeks about how Yext plans to price its shares. With clients like Best Buy, McDonalds and Marriott,… Read More Continue reading New York-based Yext files for IPO