{"id":1143,"date":"2020-04-17T19:24:47","date_gmt":"2020-04-17T13:54:47","guid":{"rendered":"http:\/\/saasworthy.com\/blog\/?p=1143"},"modified":"2020-04-20T10:30:02","modified_gmt":"2020-04-20T05:00:02","slug":"saas-weekly-roundup-15-verizon-acquires-bluejeans-fareye-raises-25million-series-d-funding-and-more","status":"publish","type":"post","link":"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-15-verizon-acquires-bluejeans-fareye-raises-25million-series-d-funding-and-more","title":{"rendered":"SaaS weekly roundup #15: Verizon acquires BlueJeans, FarEye raises $25million Series D funding and more"},"content":{"rendered":"\n<p>The week gone by is packed with news, a huge acquisition and multiple fundraises. So without wasting any more time, let&#8217;s get right into it.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_17 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-15-verizon-acquires-bluejeans-fareye-raises-25million-series-d-funding-and-more\/#News_of_the_week\" title=\"News of the week\">News of the week<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-15-verizon-acquires-bluejeans-fareye-raises-25million-series-d-funding-and-more\/#Investment_quotient\" title=\"Investment quotient\">Investment quotient<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-15-verizon-acquires-bluejeans-fareye-raises-25million-series-d-funding-and-more\/#Must_reads\" title=\"Must reads\">Must reads<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-15-verizon-acquires-bluejeans-fareye-raises-25million-series-d-funding-and-more\/#Listen_to\" title=\"Listen to\">Listen to<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-15-verizon-acquires-bluejeans-fareye-raises-25million-series-d-funding-and-more\/#Watch\" title=\"Watch\">Watch<\/a><\/li><\/ul><\/nav><\/div>\n<h2 id=\"news-of-the-week\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"News_of_the_week\"><\/span>News of the week<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/github.blog\/2020-04-14-github-is-now-free-for-teams\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>GitHub is now free for teams<\/strong><\/a><\/p>\n\n\n\n<p>Microsoft-acquired <a href=\"https:\/\/www.saasworthy.com\/product\/github\" target=\"_blank\" rel=\"noreferrer noopener\">GitHub<\/a> has made a significant change &#8211; core features are now free for teams. Till now, this was a paid option, and hence options like private repositories weren&#8217;t available. The price of the paid plan has also been slashed to $4\/month from $9\/month.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.marketwatch.com\/story\/slack-ceo-the-week-of-march-9-was-the-most-productive-in-our-companys-history-2020-04-13\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Slack CEO details \u2018most productive\u2019 week in company history, hits back at Microsoft<\/strong><\/a><\/p>\n\n\n\n<p>The Redmond giant has been soaring high on the increased popularity of <a href=\"https:\/\/www.saasworthy.com\/product\/microsoft-teams\" target=\"_blank\" rel=\"noreferrer noopener\">Microsoft Teams<\/a>. But <a href=\"https:\/\/www.saasworthy.com\/product\/slack\" target=\"_blank\" rel=\"noreferrer noopener\">Slack&#8217;s<\/a> Stewart Butterfield suggests that the DAUs of 44million isn&#8217;t a big deal. That&#8217;s because, these users are actually subscribers to Microsoft 365, which is being used by over 200million people, so the adoption rate is ~22percent. He also shared that it has grown tremendously amidst coronavirus pandemic.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/04\/16\/verizon-will-buy-video-conferencing-company-blue-jeans.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Verizon will buy video conferencing company BlueJeans<\/strong><\/a><\/p>\n\n\n\n<p>Video conferencing apps are seeing explosive growth, and it seems Verizon wants a piece of the action. The telecom company is acquiring popular enterprise-focused video conferencing software, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/bluejeans\" target=\"_blank\">BlueJeans<\/a> for $400million. With over 12,000 customers including the likes of Facebook and IBM, Verizon&#8217;s CEO Hans Vestberg believes that BlueJeans could be tied into its 5G offering.<\/p>\n\n\n\n<p><a href=\"https:\/\/investor.logmeininc.com\/about-us\/investors\/news\/press-release-details\/2020\/LogMeIn-Virtualizes-Face-to-Face-Tech-Support-with-Rescue-Live-Lens\/default.aspx\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>LogMeIn virtualizes face-to-face tech support with Rescue Live Lens<\/strong><\/a><\/p>\n\n\n\n<p>LogMeIn is adding a new feature to its <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/logmein-rescue\" target=\"_blank\">Rescue Lens<\/a> product, wherein users can receive face-to-face support virtually without the need of downloading any app. The feature will allow customer support executives to help the user with their issues in a better manner.<\/p>\n\n\n\n<p><strong>Related read:<\/strong> <a href=\"https:\/\/dev.saasworthy.com\/bloginterview-with-rahul-sharma-managing-director-logmein-india\" target=\"_blank\" rel=\"noreferrer noopener\">Interview with Rahul Sharma, Managing Director at LogMeIn India<\/a><\/p>\n\n\n\n<p><strong>Update on Zoom<\/strong><\/p>\n\n\n\n<p>It seems that Zoom is becoming a regular feature on our SaaS weekly roundups. More companies are warning against using the software, including <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-zoom-exclusive\/exclusive-stay-off-zoom-and-google-hangouts-standard-chartered-chief-tells-staff-idUSKCN21W2PX\" target=\"_blank\" rel=\"noreferrer noopener\">Standard Chartered<\/a>. Even India&#8217;s MHA (Ministry of Home Affairs) has issued an <a href=\"https:\/\/techcrunch.com\/2020\/04\/16\/india-says-video-conference-app-zoom-is-not-safe\/\" target=\"_blank\" rel=\"noreferrer noopener\">advisory<\/a> against using Zoom in the government.<\/p>\n\n\n\n<p>Zoom on its end, is continuing to make its platform more secure. It has recently <a rel=\"noreferrer noopener\" href=\"https:\/\/blog.zoom.us\/wordpress\/2020\/04\/14\/enhanced-password-capabilities-for-zoom-meetings-webinars-cloud-recordings\/\" target=\"_blank\">improved password protection<\/a> for meetings, webinars, and cloud recordings.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-alphabet-google-conferencing-idUSKCN21Y1XI\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Google&#8217;s fast-growing Meet video tool getting Zoom-like layout, Gmail link<\/strong><\/a><\/p>\n\n\n\n<p>Search titan Google is adding new capabilities to its <a href=\"https:\/\/www.saasworthy.com\/list\/video-conferencing-software\" target=\"_blank\" rel=\"noreferrer noopener\">video conferencing software<\/a>, Meet. It&#8217;ll now make it easier for users to initiate video calls through Gmail itself. Later this month, Meet will also offer a Zoom-like Grid layout for up to 16 participants.<\/p>\n\n\n\n<h2 id=\"investment-quotient\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Investment_quotient\"><\/span>Investment quotient<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/yourstory.com\/2020\/04\/funding-alert-saas-source-to-pay-startup-aavenir-accel\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>SaaS-based source-to-pay startup Aavenir raises $2M in seed from Accel<\/strong><\/a><\/p>\n\n\n\n<p>The source-to-pay process refers to finding and having a contract with the supplier of goods and paying them for the same. San Francisco and Ahmedabad, India-based Aavenir does the same and has raised seed funding to expand to global markets and accelerate its sales and marketing operations.<\/p>\n\n\n\n<p><a href=\"https:\/\/tech.economictimes.indiatimes.com\/news\/startups\/fareye-raises-25-million-in-series-d-round\/75154405\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>FarEye raises $25 million in Series D round<\/strong><\/a><\/p>\n\n\n\n<p>Logistics SaaS startup FarEye has raised Series D funding as it aims to expand to Europe and the US. The round was led by Microsoft&#8217;s VC arm M12 with participation from Honeywell Ventures and Eight Road Ventures. The company claims to handle more than 10million transactions every month on its platform.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2020\/04\/15\/attentive-raises-another-40m-for-mobile-messaging-will-invest-in-helping-customers-respond-to-covid-19\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Attentive raises another $40M for mobile messaging, will invest in helping customers respond to COVID-19<\/strong><\/a><\/p>\n\n\n\n<p>Just after raising $70million in January this year, Attentive has added $40million funding the Series C funding as it continues to grow amid the pandemic. The company would be investing its resources to help its customers manage the crisis by providing free access to its offerings.<\/p>\n\n\n\n<p><a href=\"https:\/\/venturebeat.com\/2020\/04\/15\/slite-raises-11-million-to-simplify-document-sharing-and-workplace-collaboration\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Slite raises $11 million to simplify document sharing and workplace collaboration<\/strong><\/a><\/p>\n\n\n\n<p>With the workplace collaboration tools in the buzz, <a href=\"https:\/\/www.saasworthy.com\/product\/slite\" target=\"_blank\" rel=\"noreferrer noopener\">Slite<\/a> has received $11million in funding led by Spark Capital. Built from the group up for teams, the company believes that it offers an easier workflow for people to collaborate with each other as compared to other such products.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2020\/04\/16\/lucidchart-raises-52m-series-d-passes-100m-arr\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Lucidchart raises $52M Series D, passes $100M ARR<\/strong><\/a><\/p>\n\n\n\n<p>As the diagramming software <a href=\"https:\/\/www.saasworthy.com\/product\/lucidchart\" target=\"_blank\" rel=\"noreferrer noopener\">Lucidchart&#8217;s<\/a> parent company Lucid Software crosses $100million in ARR, it has raised Series D funding. The round was led by ICONIQ<\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">I can&#39;t over-emphasize this enough for folks at the earliest stage of building your SaaS. Put the application on a subdomain like app.your-product[dot]com and have your main .com be an easy to use CMS marketing site like WordPress or Webflow. So annoying to unwind after the fact.<\/p>&mdash; Tyler Tringas (@tylertringas) <a href=\"https:\/\/twitter.com\/tylertringas\/status\/1250521285630836741?ref_src=twsrc%5Etfw\">April 15, 2020<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 id=\"must-reads\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Must_reads\"><\/span>Must reads<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.forbes.com\/sites\/forbestechcouncil\/2020\/04\/14\/what-no-one-ever-tells-you-about-selling-saas\/#5d45149d62dc\" target=\"_blank\" rel=\"noreferrer noopener\">What no one ever tells you about selling SaaS<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.xaasjournal.com\/whats-the-best-way-to-handle-saas-sales-compensation\/\" target=\"_blank\" rel=\"noreferrer noopener\">What\u2019s the best way to handle SaaS sales compensation?<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/saasmarketer.io\/convertkit-nathan-barrys-bumpy-road\/\" target=\"_blank\" rel=\"noreferrer noopener\">ConvertKit: Nathan Barry\u2019s bumpy road to $1.7m MRR<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cobloom.com\/blog\/will-a-freemium-pricing-model-destroy-your-saas-company\" target=\"_blank\" rel=\"noreferrer noopener\">Will a freemium pricing model destroy your SaaS company?<\/a><\/p>\n\n\n\n<h2 id=\"listen-to\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Listen_to\"><\/span>Listen to<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>How marketing teams can replace the leads lost from events in a COVID world with Carolyn Guss, VP Corporate Marketing @ PagerDuty<\/strong><\/p>\n\n\n\n<p><iframe width=\"100\\%\" height=\"166\" scrolling=\"no\" frameborder=\"no\" allow=\"autoplay\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https\\%3A\/\/api.soundcloud.com\/tracks\/798289501&amp;color=\\%23ff5500&amp;auto_play=false&amp;hide_related=false&amp;show_comments=true&amp;show_user=true&amp;show_reposts=false&amp;show_teaser=true\"><\/iframe><\/p>\n\n\n\n<p>In this podcast, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/pagerduty\" target=\"_blank\">Pagerduty&#8217;s<\/a> Carolyn Guss shares about how she&#8217;s filling the gap that has been created due to the events that have been canceled amidst COVID-19 to generate new leads. She also tells how she landed in PagerDuty while starting at telecom giant Orange.<\/p>\n\n\n\n<p><a href=\"https:\/\/saas.transistor.fm\/episodes\/how-coronavirus-is-impacting-software-companies\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>How coronavirus is impacting revenue<\/strong><\/a><\/p>\n\n\n\n<p>In this podcast, Transistor.fm&#8217;s Justin Jackson talks with <a href=\"https:\/\/www.saasworthy.com\/product\/baremetrics\" target=\"_blank\" rel=\"noreferrer noopener\">Baremetric&#8217;s<\/a> Josh Pigford to discuss about the impact of the ongoing pandemic on SaaS companies. Josh also shares his ideas behind several side projects he&#8217;s involved in.<\/p>\n\n\n\n<p><strong>Communicating during crisis with Rand Fishkin of SparkToro<\/strong><\/p>\n\n\n\n<p><div data-bt-embed=\"https:\/\/player.backtracks.fm\/indiehackers\/indiehackers\/m\/158-communicating-during-crisis-with-rand-fishkin-of-sparktoro\" data-bt-theme=\"dark\"><\/div><script>(function(p,l,a,y,s){if(p[a])return;if(p[y])return p[y]();s=l.createElement('script');l.head.appendChild((s.async=p[a]=true,s.src='https:\/\/player.backtracks.fm\/embedder.js',s))}(window,document,'__btL','__btR'))<\/script><\/p>\n\n\n\n<p>Rand Fishkin is best known for <a href=\"https:\/\/www.saasworthy.com\/product\/moz-pro\" target=\"_blank\" rel=\"noreferrer noopener\">Moz<\/a>, a website that&#8217;s the go-to resource for all things SEO. Two years back, he started his second venture dubbed SparkToro. In this podcast, he shares how he&#8217;s navigating through COVID-19 crisis and how he&#8217;s doing things differently this time.<\/p>\n\n\n\n<h2 id=\"watch\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Watch\"><\/span>Watch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>LogiNext\u2019s Dhruvil Sanghvi on tapping the SaaS opportunity in SMBs<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed-facebook wp-block-embed is-type-video is-provider-facebook\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/www.facebook.com\/Inc42\/videos\/979197242496887\/\n<\/div><\/figure>\n\n\n\n<p>In this live chat, LogiNext&#8217;s CEO talks about how the logistics startup is planning during the lockdown period. He shares that the supply chain is now more important than ever and small and medium businesses will now adopt digital offerings.<\/p>\n\n\n\n<p><strong>Value proposition examples for your SaaS business (10x Your Growth and Valuation)<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Value Proposition Examples for Your SaaS Business (10x Your Growth and Valuation)\" width=\"788\" height=\"443\" src=\"https:\/\/www.youtube.com\/embed\/jURsBKqvbCs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>In this video, Tawheed Kader mentions how companies can find their value proposition. He shares three simple tips: a one-sentence value proposition, building an initial customer profile, and result that you are driving for your customers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s everything that you need to know about the happening in the world of SaaS in the past week <\/p>\n","protected":false},"author":3,"featured_media":1144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-1143","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-saas-weekly-roundup"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SaaS weekly roundup #15: Verizon acquires BlueJeans, FarEye raises $25million Series D funding and more - SaaSworthy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-15-verizon-acquires-bluejeans-fareye-raises-25million-series-d-funding-and-more\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SaaS weekly roundup #15: Verizon acquires BlueJeans, FarEye raises $25million Series D funding and more - SaaSworthy Blog\" \/>\n<meta property=\"og:description\" content=\"Here&#039;s everything that you need to know about the happening in the world of SaaS in the past week\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-15-verizon-acquires-bluejeans-fareye-raises-25million-series-d-funding-and-more\" \/>\n<meta property=\"og:site_name\" content=\"SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; 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