{"id":1280,"date":"2020-05-01T19:07:49","date_gmt":"2020-05-01T13:37:49","guid":{"rendered":"https:\/\/www.saasworthy.com\/blog\/?p=1280"},"modified":"2020-05-01T19:09:26","modified_gmt":"2020-05-01T13:39:26","slug":"saas-weekly-roundup-17-tech-giants-report-earnings-figma-raises-50million-and-more","status":"publish","type":"post","link":"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-17-tech-giants-report-earnings-figma-raises-50million-and-more","title":{"rendered":"SaaS weekly roundup #17: tech giants report earnings, Figma raises $50million and more"},"content":{"rendered":"\n<p>This week was an earnings season where giants like Google and Microsoft revealed their quarterly numbers, and we started seeing a slight impact of the ongoing pandemic. Of course, the effects of COVID-19 will continue and we&#8217;ve to see how companies are adapting to the same. Nevertheless, both the tech titans also saw a huge spike in their offerings that help with remote work. So without any more delay, let&#8217;s take a look at them and everything else that happened in the world of SaaS in the past 7 days.<\/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-17-tech-giants-report-earnings-figma-raises-50million-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-17-tech-giants-report-earnings-figma-raises-50million-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-17-tech-giants-report-earnings-figma-raises-50million-and-more\/#Tweet\" title=\"Tweet\">Tweet<\/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-17-tech-giants-report-earnings-figma-raises-50million-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-5\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-17-tech-giants-report-earnings-figma-raises-50million-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-6\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-17-tech-giants-report-earnings-figma-raises-50million-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:\/\/blog.google\/products\/meet\/bringing-google-meet-to-more-people\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Google Meet premium video meetings\u2014free for everyone<\/strong><\/a><\/p>\n\n\n\n<p>It was just earlier this month that the Alphabet-owned dropped Hangouts branding from its enterprise-focused <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/google-hangouts-meet\" target=\"_blank\">Google Meet<\/a> to suggest that Hangouts would refer to apps that are aimed at consumers. Alas, the internet behemoth continues to confuse with its multi-pronged approach by offering multiple software for the same thing. While there&#8217;s already Google Hangouts and Duo (for mobile only) for video calls, it has also announced that individuals could use Google Meet too, starting early May, that too completely free. Interestingly, while the meetings are time-limited to 60 minutes, the company won&#8217;t be enforcing this restriction until September 30th. If you&#8217;re interested, you can register on meet.google.com.<\/p>\n\n\n\n<p>It&#8217;s clear that with this move, Google is taking a crack at Zoom, which has become the top choice for video calls across the world. That&#8217;s not to say that the Google Meet isn&#8217;t seeing stupendous growth as it&#8217;s adding about 3 million users per day, according to the brand&#8217;s <a rel=\"noreferrer noopener\" href=\"https:\/\/www.youtube.com\/watch?v=YkrYz_vD_0E\" target=\"_blank\">2020 Q1 Earnings Call<\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/abc.xyz\/investor\/static\/pdf\/2020Q1_alphabet_earnings_release.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Google Cloud revenue is increased by 52\\% to $2.78billion<\/strong><\/a><\/p>\n\n\n\n<p>Speaking of the earnings call, Google Cloud revenue continues to soar. Compared to $1.8billion in Q4 2019, it has grown 52\\% in the first quarter of the year to reach $2.78billion.<\/p>\n\n\n\n<p><strong>Microsoft Cloud continues to thrive; Teams surpasses 75million DAUs<\/strong><\/p>\n\n\n\n<p>The Redmond giant also <a rel=\"noreferrer noopener\" href=\"https:\/\/www.microsoft.com\/en-us\/Investor\/earnings\/FY-2020-Q3\/press-release-webcast\" target=\"_blank\">announced its quarterly results<\/a>, and its Cloud platform also witnessed robust growth. It increased by 39percent to $13.3billion.<\/p>\n\n\n\n<p>What&#8217;s even more interesting is that the brand&#8217;s <a href=\"https:\/\/www.saasworthy.com\/product\/slack\" target=\"_blank\" rel=\"noreferrer noopener\">Slack<\/a> rival has crossed <a href=\"https:\/\/venturebeat.com\/2020\/04\/29\/microsoft-teams-passes-75-million-daily-active-users\/\" target=\"_blank\" rel=\"noreferrer noopener\">75million daily active users<\/a>, which is impressive indeed considering <a href=\"https:\/\/www.saasworthy.com\/product\/microsoft-teams\" target=\"_blank\" rel=\"noreferrer noopener\">Microsoft Teams<\/a> had crossed 44million DAUs mark just last month.<\/p>\n\n\n\n<p><a href=\"https:\/\/venturebeat.com\/2020\/04\/30\/amazon-earnings-q1-2020\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Amazon reports $75.5 billion in Q1 2020 revenue: AWS up 33\\%, subscriptions up 28\\%, and \u2018other\u2019 up 44\\%<\/strong><\/a><\/p>\n\n\n\n<p>&#8220;The everything store&#8221; also announced its earnings and while its revenues grew, it has cautioned its shareholders that &#8220;<em>you may want to take a seat, because we\u2019re not thinking small<\/em>&#8220;. What that means is that Amazon will be spending all its profits on &#8220;<em>COVID-related expenses getting products to customers and keeping employees safe.<\/em>&#8220;<\/p>\n\n\n\n<p>Of course, AWS remains strong as it breaches the $10billion revenue milestone; however the growth has slowed down.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.shopify.com\/blog\/introducing-shop\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Introducing Shop: the most convenient way for shoppers to buy from their favorite independent brands<\/strong><\/a><\/p>\n\n\n\n<p>Amid the crisis, one company that has been growing is <a href=\"https:\/\/www.saasworthy.com\/product\/shopify\" target=\"_blank\" rel=\"noreferrer noopener\">Shopify<\/a> as more small businesses are transitioning to online sales. And while the company makes it easier for retailers to create e-commerce websites, it knows that users are increasingly using mobile to purchase online. Since it wouldn&#8217;t make sense for each retailer to have a native mobile app, Shopify has introduced Shop, which is a rebrand of its Arrive app that was used by consumers to track packages and has already seen 16million downloads, wherein Shopify users can list their products. Not just that, the app promises fast check-out, and the ability for consumers to purchase online and pick up the item from the store, if it&#8217;s nearby.<\/p>\n\n\n\n<p><strong>Related podcast:<\/strong> <a href=\"https:\/\/art19.com\/shows\/techmeme-ridehome\/episodes\/de5ec1d4-ae2d-4e66-b043-8697050f2b35\" target=\"_blank\" rel=\"noreferrer noopener\">Why Shopify is #Winning with James McLeod<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.oracle.com\/corporate\/pressrelease\/zoom-selects-oracle-to-support-growth-042820.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Zoom Selects Oracle as a cloud infrastructure provider for its core online meeting service<\/strong><\/a><\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/zoom\" target=\"_blank\">Zoom<\/a> is setting a record for being featured in our newsletter week after week. Jokes aside, this time the video conferencing software gets a mention because of its unusual choice for its cloud provider. Instead of going with leading players like Amazon and Microsoft, it has opted for Oracle. It&#8217;s worth highlighting that as Zoom has scaled to 300million meeting participants, there have been no reliability issues, which is commendable.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2020\/04\/28\/cloudflare-partners-with-jd-to-expand-its-network-in-china\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Cloudflare partners with JD to expand its network in China<\/strong><\/a><\/p>\n\n\n\n<p>The popular <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/list\/content-delivery-network-cdn-software\" target=\"_blank\">content delivery network<\/a> has joined hands with JD Cloud &amp; AI to expand its network in China and add 150 data centers. The partnership isn&#8217;t much different from its earlier partnership with Baidu back in 2015, where <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/cloudflare\" target=\"_blank\">Cloudflare<\/a> would be providing tech and know-how, and JD would be investing to build out the network.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.livemint.com\/news\/india\/zoho-launches-apps-for-schools-trainers-aims-to-boost-india-revenues-11588159803071.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Zoho launches app for schools, aims to boost India revenues<\/strong><\/a><\/p>\n\n\n\n<p>India&#8217;s <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/zoho-crm\" target=\"_blank\">Zoho<\/a> has announced a new app dubbed Zoho Classes to help schools and colleges connect with students. It&#8217;ll allow teachers to upload courses, conduct live classes, give assignments, and more. What&#8217;s more interesting is that the app is free for government institutions in India and for other educational institutes, it&#8217;s free for up to 100 students.<\/p>\n\n\n\n<p>Along with that, the company is also providing its other offerings such as ShowTime, which is a training platform for trainers, while <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/zoho-meeting\" target=\"_blank\">Zoho Meeting<\/a> will be free for the government for three months.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2020\/04\/30\/microsofts-visual-studio-online-code-editor-is-now-visual-studio-codespaces-and-gets-a-price-drop\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Microsoft\u2019s Visual Studio Online code editor is now Visual Studio Codespaces and gets a price drop<\/strong><\/a><\/p>\n\n\n\n<p>Last year, the Windows maker introduced the online version of its code editor, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/visual-studio-ide\" target=\"_blank\">Visual Studio<\/a>. The company has now changed the name of its IDE to Visual Studio Codespaces along with slashing the prices to 50 percent.<\/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>Did you know that <a href=\"https:\/\/dev.saasworthy.com\/blogsaas-companies-that-got-the-funding\" target=\"_blank\" rel=\"noreferrer noopener\">42 SaaS companies got funded in April 2020<\/a>? The last week of the month also saw a lot of fundraising activity&#8230;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.forbes.com\/sites\/alexkonrad\/2020\/04\/30\/figma-raises-funding-eyes-acquisitions\/#2e41e75a11ea\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Figma eyes acquisitions, new tools with $50 million in fresh funding at $2 billion valuation<\/strong><\/a><\/p>\n\n\n\n<p>Popular <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/list\/ux-software\" target=\"_blank\">UX design software<\/a> <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/figma\" target=\"_blank\">Figma<\/a> has raised $50million Series D round as the company sees an increased usage when the world is under quarantine. The fundraising was led by A16z and takes the valuation of Figma to $2billion. It&#8217;ll be using the money to make acquisitions and acquihires.<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/blog.catalyst.io\/blog\/2020\/4\/28\/catalyst-raises-25m-series-b-funding-led-by-spark-capital\" target=\"_blank\"><strong>Catalyst raises $25M Series B funding led by Spark Capital<\/strong><\/a><\/p>\n\n\n\n<p>With a growth of 400\\% in its ARR in the last nine months, the Customer management platform Catalyst has raised Series B funding. Led by Spark Capital, the company will be using $25million on expansion and hiring.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2020\/04\/27\/templafy-raises-25m-series-c-led-by-insight-partners-to-deal-with-enterprise-documents\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Templafy raises $25M Series C led by Insight partners to deal with enterprise documents<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/templafy\" target=\"_blank\" rel=\"noreferrer noopener\">Templafy<\/a>, a platform for enterprises to templatize documents, has raised $25million Series C funding. The latest round will allow the company to focus on acquisitions, add more features and increase its employee base.<\/p>\n\n\n\n<p><a href=\"https:\/\/blog.checklyhq.com\/checkly-raises-2-25m-to-push-active-reliability\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Checkly raises $2.25M seed round to push Active Reliability forward<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/api-management-software\" target=\"_blank\" rel=\"noreferrer noopener\">API management software<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/checkly\" target=\"_blank\" rel=\"noreferrer noopener\">Checkly<\/a> has received $2.25million seed funding led by Accel. The Berlin-based startup let developers to check their API endpoints and web apps and notify if there&#8217;s something wrong.<\/p>\n\n\n\n<h2 id=\"tweet\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tweet\"><\/span>Tweet<span class=\"ez-toc-section-end\"><\/span><\/h2>\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\">On April 29th, 7 years ago \u2014 I pushed publish on a Kickstarter campaign for half baked prototype called <a href=\"https:\/\/twitter.com\/Ghost?ref_src=twsrc%5Etfw\">@Ghost<\/a> \u2014 with some wild ideas.<br><br>Today, we&#39;re a team of 16 with a just over $2.1M ARR and some even wilder ideas.<br><br>Here are some of the highlights ?? [ 1 \/ ? ]&mdash; John O&#39;Nolan (@JohnONolan) <a href=\"https:\/\/twitter.com\/JohnONolan\/status\/1255930388611887104?ref_src=twsrc%5Etfw\">April 30, 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.saastr.com\/10-learnings-from-mark-susters-funding-in-the-time-of-coronavirus\/\" target=\"_blank\" rel=\"noreferrer noopener\">10 learnings from Mark Suster\u2019s \u201cFunding in the time of Coronavirus\u201d<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cobloom.com\/blog\/9-best-practices-of-streamlined-saas-user-onboarding\" target=\"_blank\" rel=\"noreferrer noopener\">9 best practices of streamlined SaaS user onboarding<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/dev.saasworthy.com\/blognew-age-software-remote-work\" target=\"_blank\" rel=\"noreferrer noopener\">5 new-age software for the remote work era<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/foundationinc.co\/lab\/saas-content-covid19\" target=\"_blank\" rel=\"noreferrer noopener\">How have SaaS content marketing teams responded to COVID-19?<\/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>Dan Springer, CEO of DocuSign<\/strong><\/p>\n\n\n\n<figure><iframe src=\"https:\/\/anchor.fm\/cloudgiants\/embed\/episodes\/Dan-Springer--CEO-of-DocuSign-edb2tg\/a-a21v0ks\" height=\"102px\" width=\"400px\"><\/iframe><\/figure>\n\n\n\n<p>In this podcast, Bessemer Venture Partners&#8217; Byron Deeter chats with Dan Springer about his journey in the world of SaaS before it was even called so, how he took his first company to a successful exit and then after taking a break, joined <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/docusign\" target=\"_blank\">DocuSign<\/a> as a CEO. Springer also shares how to be an effective leader.<\/p>\n\n\n\n<p><strong>How renewals and discounting will be impacted by COVID &amp; how enterprise founders should approach capital allocation &amp; efficiency today with Navin Chaddha, Managing Director @ Mayfield<\/strong><\/p>\n\n\n\n<figure><iframe width=\"100\\%\" height=\"166\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https\\%3A\/\/api.soundcloud.com\/tracks\/809729614&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><\/figure>\n\n\n\n<p>Mayfield is a renowned venture firm with investments in leading companies such as <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/hashicorp-vault\" target=\"_blank\">HashiCorp<\/a>, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/marketo\" target=\"_blank\">Marketo<\/a>, and Skilljar among others. In this episode of SaaStr podcast, Harry Stebbings is in conversation with Mayfield&#8217;s Managing Director, Navin Chaddha about how he got in the SaaS industry, his suggestions for companies during the coronavirus crisis, how will things evolve and more.<\/p>\n\n\n\n<p><strong>Bonjoro: building a SaaS company in a bear suit &#8211; with Matt Barnett<\/strong><\/p>\n\n\n\n<figure><iframe src=\"https:\/\/www.podbean.com\/media\/player\/j78zv-8bde20d-dir?from=share&amp;skin=1&amp;share=1&amp;fonts=Helvetica&amp;download=1&amp;version=1&amp;skin=1&amp;btn-skin=107\" height=\"122\" width=\"100\\%\"><\/iframe><\/figure>\n\n\n\n<p>Personalized videos for every new signup of your service are certainly an interesting way to connect with the new users, but this isn&#8217;t easy to pull off and is difficult to scale too. Australia-based <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/bonjoro\" target=\"_blank\">Bonjoro<\/a> has been able to do that however, as it integrates with various CRMs, email marketing software and more to allow you to send them customized videos depending upon where they are in the funnel. In this episode, The SaaS Podcast&#8217;s Omer Khan interviews Bonjoro&#8217;s founder Matt Barnett about he started the business while running the agency, and how they acquired over 40k users, among other things.<\/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>SaaStock sessions: leadership in a time of crisis<\/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=\"SaaStock Sessions: Leadership in a time of crisis\" width=\"788\" height=\"443\" src=\"https:\/\/www.youtube.com\/embed\/r26IbBU46jg?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 the first episode of SaaStock Sessions, Alex Theuma chats with leaders to talk about how to navigate the current situation of COVID-19. While <a href=\"https:\/\/www.saasworthy.com\/product\/typeform\" target=\"_blank\" rel=\"noreferrer noopener\">Typeform&#8217;s<\/a> CEO Joaquim Lecha shares on how to prepare for a new world, Mutiny&#8217;s Jaleh Rezaei mentions why employees shouldn&#8217;t be treated like children.<\/p>\n\n\n\n<p><strong>CIO spotlight: Sylvie Veilleux, CIO of Dropbox on SaaS at Scale<\/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=\"CIO Spotlight: Sylvie Veilleux, CIO of Dropbox on SaaS at Scale\" width=\"788\" height=\"443\" src=\"https:\/\/www.youtube.com\/embed\/fqDLIw5nM14?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>SaaS at scale is gaining steam a lot lately, but if you are wondering what it exactly means then watch this video wherein 7x CIO Mark Settle discusses about it with Sylvie Veilleux, who&#8217;s <a href=\"https:\/\/www.saasworthy.com\/product\/dropbox-business\" target=\"_blank\" rel=\"noreferrer noopener\">Dropbox&#8217;s<\/a> CIO.<\/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":1286,"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-1280","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 #17: tech giants report earnings, Figma raises $50million 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-17-tech-giants-report-earnings-figma-raises-50million-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 #17: tech giants report earnings, Figma raises $50million 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-17-tech-giants-report-earnings-figma-raises-50million-and-more\" \/>\n<meta property=\"og:site_name\" content=\"SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; 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