This year’s Bessemer Venture Partners’ annual Cloud 100 Benchmark report was published recently and my colleague Alex Wilhelm looked at some broad trends in the report, but digging into the data, I decided to concentrate on the Top 10 companies by valuation. I found that the top company has defied convention for a couple of […] …Continue Reading

Most venture capital firms are based in hubs like Silicon Valley, New York City and Boston. These firms nurture those ecosystems and they’ve done well, but SaaS Ventures decided to go a different route: it went to cities like Chicago, Green Bay, Wisconsin and Lincoln, Nebraska. The firm looks for enterprise-focused entrepreneurs who are trying […] …Continue Reading

Yesterday during Disrupt 2020 I sat down with three investors who know the SaaS startup market very well, hoping to get my head around how hot things are today. Coming on the heels of the epic Snowflake IPO (more to come on that in this weekend’s newsletter), it was a great time for a chat. […] …Continue Reading

Dropbox CEO and co-founder Drew Houston, appearing at TechCrunch Disrupt today, said that COVID has accelerated a shift to distributed work that we have been talking about for some time, and these new ways of working will not simply go away when the pandemic is over. “When you think more broadly about the effects of […] …Continue Reading

Glasgow, Scotland-based video interview startup Willo has scored a £250,000 (~$320k) seed round of funding after watching demand for its asynchronous Q&A style video platform leap up during the COVID-19 lockdown. Guernsey-based VC firm 1818 Venture Capital is investing in the seed round, with Willo board members Steve Perry, Stefan Ciecierski and Peter Preston also […] …Continue Reading

Dropbox CEO Drew Houston will be joining us for a one-on-one interview at this year’s TechCrunch Disrupt happening next week from September 14-18. Houston has been there and done that as a startup founder. After attending Y Combinator in 2007 and launching at the TechCrunch 50 (the precursor to TechCrunch Disrupt) in 2008, he went […] …Continue Reading

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. The whole crew was back, with Natasha Mascarenhas and Danny Crichton and myself chattering with Chris Gates behind the scenes making it all work. An extra shoutout to Natasha this week as we spent a lot of time talking […] …Continue Reading

We’re on the other end of nearly every single SaaS earnings report that you can name, with the exception of Slack, and shares of software companies are holding onto their year’s gains. Which means SaaS and cloud companies have made it through a somewhat steep gauntlet largely unscathed. There were exceptions, of course, but when […] …Continue Reading

More than 150 e-commerce and delivery companies globally use an Indian logistics startup’s service to work out the optimum way to ship items to their customers. That startup, Noida-based FarEye, said today it has raised an additional $13 million to close its Series D financing round at $37.5 million. FarEye first unveiled its Series D […] …Continue Reading

Yalochat, a five-year-old, Mexico City-based conversational commerce platform that enables customers like Coca Cola and Walmart to upsell, collect payments, and provide better service to their own customers over WhatsApp, Facebook Messenger and WeChat in China, has closed on $15 million in Series B funding led by B Capital Group. Sierra Ventures, which led a […] …Continue Reading