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SaaS Weekly Roundup #8

Hi Readers! Welcome back to the eighth edition of our SaaS Weekly Roundups. Today’s round-up will cover some interesting SaaS business articles, industry tips and stories of popular SaaS products. These articles are carefully curated from around the web, to update you on the recent SaaS happenings.

SaaS Articles

Mythbusting 3 Common SaaS Misconceptions when buying Cloud

Digital transformation strategies are spurring massive growth in cloud services. Everyone should be aware of the common misconceptions about cloud services, particularly Software-as-a-Service (SaaS) applications that make up nearly two-thirds of all public cloud spending. Read more

 

LeanIX, a SaaS provider for enterprise architecture (EA), raises $30 million in new funding

LeanIX is a provider of SaaS for enterprise architecture (EA) which enable organizations to take faster, data-driven decisions in their IT. For US expansion and continuous product innovation, they recently had $30 million financing round led by Insight Venture Partners. Read more

 

Duck Creek Technologies Reports 85% Bookings Growth and 30% Revenue Growth in SaaS-Delivered Enterprise Software Solutions

Duck Creek Technologies, a provider of SaaS-delivered enterprise software to the property & casualty insurance industry, has reported that bookings related to its SaaS solutions grew 85% and its SaaS revenue grew 30% in the fiscal year ended August 31, 2018. Read more

 

Cupertino-Based Intelligent Automation Company Workato Raises $25 Million

Workato, an integration and automation SaaS platform, announced that it has completed $25 million in Series B funding from Battery Ventures, Storm Ventures, ServiceNow, and Workday Ventures. Workato has now raised $41 million total. Read more

 

Stories

A Look Inside Slack’s Marketing

Since its release in 2013, Slack has amassed more than 8 million daily users and reached a $7 billion valuation— $2 billion of that gained in the last year alone. Let’s have a look at the marketing strategies that took the company from $0 to $7 Billion in 5 years. Read more

 

There’s more than one path to $100 million

 “How fast do you have to grow if your ambition is to get to $100M in ARR and build a very large company”. It’s an important question, as your target growth rate determines your hiring plan, budget, and fundraising strategy. Read more

 

Tips

A Comprehensive Guide on Getting Your SaaS Business on Mobile App

Top 19 Finance related tips every SaaS founder should know

 

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