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Tuesday, April 24, 2018

Companies

Carbon Black: Endpoint Security Software Leader Charges to IPO

Waltham, MA-based Carbon Black was founded in 2002 as Bit9, changing its name to that of a company it acquired in 2014. The firm is a pioneer in the next-gen cybersecurity space, helping organizations improve the safety of their internal networks against endpoint attacks.

Funds

8VC Quietly Closes Second Flagship Fund

8VC, a San Francisco-based venture capital firm led by serial entrepreneur Joe Lonsdale, has raised $640 million for its second core fund, according to Axios. The latest $640 million flagship fund brings the firm’s total capital raised to $1.5 billion since its formation in 2015, following the break-up of Lonsdale’s former firm Formation 8.

People

DataCore Software Appoints New CEO and CMO

DataCore Software, a Fort Lauderdale, Florida-based software vendor specializing in virtualization, storage management and storage networking solutions, has appointed a new Chief Executive Officer and Chief Marketing Officer. The SaaS provider’s new CEO Dave Zabrowski will take over for the company’s founder George Teixeira, who will transition to the role of executive chairman.

Features

Nutanix Stock, Up Over 200% on the Year, to Continue Rally...

Cloud computing software provider Nutanix Inc, already up 49% year-to-date (YTD) and a whopping 227% over the most recent 12 months, has sharply outperformed the broader S&P 500’s 1.5% decline and 11% gain over the same respective periods. The nine-year old company, which sells hyper-converged infrastructure appliances and software-defined storage, could see its stock gain another 22% over 12 months from its closing price of $52.51 on Apr 24, according to one team of bulls on Wall Street.

Popular Articles

Top 25 Women Leaders in SaaS

The SaaS Report is pleased to announce 2017’s list of Top 25 Women Leaders in SaaS. These accomplished executives are some of the most influential in their field and command the respect of their peers both inside and outside their companies. Those who made the list were carefully selected based on their professional achievements and key factors including current and prior positions, company performance, industry recognition and influence as well as impact on organizations where they've held leadership roles. Research was conducted using a broad set of industry and company specific information.

The SaaS Report’s Top 50 SaaS CEOs of 2017

The SaaS Report is pleased to announce this year's list of Top 50 SaaS CEOs. These CEOs were selected based on five primary factors – company growth, work culture, product technology, financial performance, and professional experience. Research was conducted using a broad set of data including information from reported financials (where available), company press releases, Glassdoor, LinkedIn, and other sources.

The SaaS Industry [An Overview]

OVERVIEW The rise of the SaaS industry has continued to captivate the business community at large given the impressive growth rate it has sustained over...

Can Any Other Software Private Equity Firm Hold a Candle to Vista Equity?

Vista Equity Partners, a middle-market Austin-based private equity firm focused on investments in software, data and technology companies, was years ahead of its peers executing its now famous 'playbook' for nearly a decade before others caught on. Now they're on to a new strategy, one in which their competitive advantage is likely to last a whole lot longer...

Major SaaS Trends in 2017

As cloud computing turns the traditional tech industry on its head, a growing number of businesses are adopting SaaS models. A recent IDC forecast estimates cloud spending to boom almost 25% in 2017 to over $122 billion, seven times faster than the rest of the IT space...

Why Adam Miller, CEO of $2.4 Billion Cornerstone OnDemand, Might Just Be The Coolest...

Before cloud computing was called cloud computing, Adam Miller, the President and CEO of now multi-billion-dollar enterprise software provider Cornerstone On Demand, founded the company in his one-bedroom apartment...

Marketo CEO Steve Lucas: The Engagement Economy Will Replace the Outdated CRM Model

Steve Lucas is the Chief Executive Officer of San Mateo, Calif.-based Marketo, Inc., a Vista Equity Partners-backed provider of marketing software solutions. Prior to joining Marketo in November 2016, Lucas had a long run in the enterprise software space, with a breadth of experience leading multi-billion dollar businesses within...

Jennifer Tejada: Behind One of the Most Powerful Women in the SaaS Space

Jennifer Tejada is the Chief Executive Officer of PagerDuty, a San Francisco, Calif.-based company which provides software intended to help its customers manage digital operations and quickly resolve incidents. She is a star figure in the SaaS world, and in Silicon Valley at large, bringing with her about two decades’ worth of experience in leading software companies as both a board director and a C-suite level executive...

The Incomparable Clara Shih, CEO of Hearsay and Pioneer of the Social Business App...

Clara Shih is a thought leader, author, founder and Chief Executive Officer of social enterprise company Hearsay Social. When the Chinese immigrant landed in Chicago, she became accustomed to sticking out in a homogeneous group...

Li Ka-shing: Hong Kong’s Wealthiest Individual and His Rags to Riches Story

While Asian business tycoon Li Ka-shing is Hong Kong’s wealthiest individual, his influence extends across the world. Nicknamed “Superman” for his business acumen, the 89-year-old entrepreneur, investor and philanthropist has a net worth of about $33.5 billion and business interests spanning across over 50 countries...