The global market for software is growing quickly. Gartner data indicates that software spend is the fastest-expanding segment of IT spend and that its pace of growth has accelerated in recent years. If Gartner’s forecasts bear out, the software portion of global IT spend could crest $1 trillion in 2024. Startups mostly build software. And … Read more
If you’ve ever traveled in rural areas in France, you may have realized a French peculiarity. Even in the seemingly less populated towns, there’s a hair salon. French startup Planity has been taking advantage of France’s love affair with hair salons to launch a SaaS product for these businesses in particular. Over time, the company … Read more
Jon Farnsworth Contributor Spencer Fane attorney Jon Farnsworth assists clients with all aspects of business and technology law, from mergers and acquisitions, to brand and intellectual property rights protection, to digital transformations, including cloud software environments. Spencer Fane attorney Scott Woody focuses his practice on tax planning at the state and local levels, while also … Read more
Last week, cloud computing company Shadow confirmed a data breach involving customers’ personal information. The hacker claims to have access to the data of more than 530,000 customers. According to an email from Shadow CEO Eric Sèle, the hacker managed to download this data from a software-as-a-service (SaaS) provider’s API. This is just a recent … Read more
Mercury Fund, an early-stage venture firm, closed on $160 million in capital commitments for its fifth fund, also its largest. In general, it’s been a busy month for venture capital firms announcing new capital commitments. Mercury Fund joins firms, including Mythos Ventures, Connect Ventures, Fuse and Unconventional Ventures, in announcing new funds this month. Blair … Read more
Software is a company’s third-largest expense, but because it’s spread across multiple departments, it’s the CFO’s responsibility to find places to cut. In a TC+ column that includes spending benchmarks (based on employee size), CloudEagle founder and CEO Nidhi Jain shares her “cost-optimization playbook” for SaaS startups. Full TechCrunch+ articles are only available to members.Use … Read more
CloudEagle founder and CEO Nidhi Jain has over two decades of leadership experience in companies like ServiceNow, Box, Intuit, and Yahoo. She was an investment banker at Goldman Sachs and was part of VC funds such as New Vernon and Westbridge Capital. In today’s business world, every dollar counts for more than ever before. The … Read more
Welcome to the TechCrunch Trade, a weekly startups-and-markets publication. It’s impressed by the each day TechCrunch+ column the place it will get its title. Need it in your inbox each Saturday? Enroll right here. Anna is out this week, so I’m again within the saddle for in the present day. Right here’s about 1,000 phrases … Read more