{"id":2304,"date":"2021-01-22T20:35:42","date_gmt":"2021-01-22T15:05:42","guid":{"rendered":"https:\/\/www.saasworthy.com\/blog\/?p=2304"},"modified":"2021-01-22T20:37:13","modified_gmt":"2021-01-22T15:07:13","slug":"saas-weekly-roundup-4-citrix-acquires-wrike-tripactions-raises-155million-and-more","status":"publish","type":"post","link":"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-4-citrix-acquires-wrike-tripactions-raises-155million-and-more","title":{"rendered":"SaaS weekly roundup #4: Citrix acquires Wrike, TripActions raises $155million, and more"},"content":{"rendered":"\n<p>A lot can happen in a week&nbsp;\u2013 that&#8217;s the sense you get when you take a look at the SaaS weekly roundup, where we bring you the news that you shouldn&#8217;t miss in the world of SaaS. The past week was no different, so without wasting any more time, let&#8217;s dive right in.<\/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-4-citrix-acquires-wrike-tripactions-raises-155million-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-4-citrix-acquires-wrike-tripactions-raises-155million-and-more\/#SaaS_companies_that_got_the_funding_this_week\" title=\"SaaS companies that got the funding this week\">SaaS companies that got the funding this week<\/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-4-citrix-acquires-wrike-tripactions-raises-155million-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-4-citrix-acquires-wrike-tripactions-raises-155million-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-4-citrix-acquires-wrike-tripactions-raises-155million-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:\/\/techcrunch.com\/2021\/01\/19\/citrix-is-acquiring-wrike-from-vista-for-2-25b\/\"><strong>Citrix is acquiring Wrike from Vista for $2.25billion<\/strong><\/a><\/p>\n\n\n\n<p>The biggest news of the week is that Citrix has announced the plans to acquire project management software <a href=\"https:\/\/www.saasworthy.com\/product\/wrike\">Wrike<\/a> from Vista Equity Partners. Vista had bought Wrike just two years ago, and Citrix has purchased it at $2.25billion. The acquisition will help Citrix improve its digital workspace experience for customers.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.zdnet.com\/article\/ibm-really-wants-to-be-your-multicloud-integrator-and-can-win\/\"><strong>IBM really wants to be your multicloud integrator and can win<\/strong><\/a><\/p>\n\n\n\n<p>Instead of going directly against the likes of Amazon, Google, and Microsoft, IBM is aiming to ensure that it becomes a multicloud integrator. Not only IBM has Red Hat in its portfolio, it has been acquiring companies like Taos, Nordcloud, and 7Summits, which are consulting and cloud integration firms.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.zdnet.com\/article\/google-cloud-offers-image-search-recommendations-service-for-retailers\/\"><strong>Google Cloud offers image search, recommendations service for retailers<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/google-cloud-ai\">Google Cloud<\/a> has introduced two new features called Vision API product search and Recommendations AI for retailers. Launched as part of Product Discovery Solutions for Retail, these are machine learning-based features. The Vision search function will help retailer&#8217;s customers upload a picture and receive a list of products that match the picture, whereas Recommendations will be able to map the customer&#8217;s shopping journey, and make product recommendations accordingly.<\/p>\n\n\n\n<h2 id=\"saas-companies-that-got-the-funding-this-week\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"SaaS_companies_that_got_the_funding_this_week\"><\/span>SaaS companies that got the funding this week<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/venturebeat.com\/2021\/01\/21\/tripactions-raises-155-million-to-help-enterprises-analyze-travel-and-expense-data\/\"><strong>TripActions raises $155million to help enterprises analyze travel and expense data<\/strong><\/a><\/p>\n\n\n\n<p>Booking management platform TripActions has closed a $155million Series E round co-led by A16z and Addition Ventures. With a valuation of $5billion, the company has now received a total funding of $665million.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/01\/17\/personio-raises-125m-on-a-1-7b-valuation-for-an-hr-platform-targeting-smes\/\"><strong>Personio raises $125million on a $1.7billion valuation for an HR platform targeting SMEs<\/strong><\/a><\/p>\n\n\n\n<p>Germany-based HR platform Personio has raised $125million at a lofty valuation of $1.7billion&nbsp;\u2013 much higher than its valuation of $500million a year ago. The company would be using the funding to expand in Europe and improve its product.<\/p>\n\n\n\n<p><a href=\"https:\/\/venturebeat.com\/2021\/01\/19\/quali-raises-54-million-to-automate-cloud-management-and-deployment\/\"><strong>Quali raises $54million to automate cloud management and deployment<\/strong><\/a><\/p>\n\n\n\n<p>With the growing cloud market, we&#8217;re seeing new companies emerging in the space. Quali offers sandbox software for cloud and DevOps automation, and it has raised $54million led by Greenfield Partners and JVP.<\/p>\n\n\n\n<p><a href=\"https:\/\/boldcommerce.com\/press-releases\/bold-commerce-raises-27m-to-enable-commerce-anywhere-turning-every-interaction-with-a-brand-into-a-shoppable-moment\"><strong>Bold Commerce raises $27million to enable commerce anywhere; turning every interaction with a brand into a shoppable moment<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/ecommerce-software\">eCommerce tech company<\/a> Bold Commerce helps companies sell their products not just online, but opt for an omnichannel strategy. It has gotten $27million Series C funding led by OMERS Ventures.<\/p>\n\n\n\n<p><a href=\"https:\/\/betakit.com\/ottawa-cloud-backup-startup-rewind-raises-19-million-cad-series-a\/\"><strong>Ottawa cloud backup startup Rewind raised $19million CAD Series A<\/strong><\/a><\/p>\n\n\n\n<p>Canada&#8217;s Rewind has nabbed a $19million CAD Series A financing for its backup-as-a-service offering. Led by Inovia Capital, the company offers backup services for companies like <a href=\"https:\/\/www.saasworthy.com\/product\/shopify\">Shopify<\/a>, <a href=\"https:\/\/www.saasworthy.com\/product\/bigcommerce\">BigCommerce<\/a>, and <a href=\"https:\/\/www.saasworthy.com\/product\/trello\">Trello<\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/01\/18\/salesforce-leads-15-million-investment-round-in-indian-hr-tech-platform-darwinbox\/\"><strong>Salesforce leads $15M investment in Asian HR tech platform Darwinbox<\/strong><\/a><\/p>\n\n\n\n<p>Salesforce makes its first investment in an Indian company. <a href=\"https:\/\/www.saasworthy.com\/product\/darwinbox\">Darwinbox<\/a>, an <a href=\"https:\/\/www.saasworthy.com\/product\/darwinbox\">HR software<\/a>, has bagged a $15million Series C financing round. The company would be using the funding to expand to more countries, and even look at acquisitions.<\/p>\n\n\n\n<p>Related tweet: <a href=\"https:\/\/twitter.com\/dkhare\/status\/1351369302817996803\">https:\/\/twitter.com\/dkhare\/status\/1351369302817996803<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/01\/18\/prosapient-raises-10m-series-a-led-by-smedvig-capital-to-expand-expert-network-platform\/\"><strong>proSapient raises $10million Series A led by Smedvig Capital to expand expert network platform<\/strong><\/a><\/p>\n\n\n\n<p>proSapient, a SaaS platform for managing expert networks to gather data for investors, has received $10million Series A round led by Smedvid Capital. The amount will be used to expand internationally.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/01\/20\/landbot-closes-8m-series-a-for-its-no-code-chatbot-builder\/\"><strong>Landbot closes $8million Series A for its \u2018no code\u2019 chatbot builder<\/strong><\/a><\/p>\n\n\n\n<p>&#8220;No-code&#8221; <a href=\"https:\/\/www.saasworthy.com\/list\/chatbots-software\">chatbot building software<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/landbot-io\">Landbot<\/a> has received $8million funding led by Swanlaab. The Series A round will help company double its team among other things.<\/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\">So Salesforce is the grandperson of SaaS software<br><br>The first to hit $100B in market cap<br>The first to do $10B+ in ARR (and only so far)<br><br>And yet, in many ways we know &gt;less&lt; about Salesforce that we used to<br><br>It&#39;s not just a CRM anymore<br><br>5 Interesting Learnings:<\/p>&mdash; Jason \u2728?SaaStr 2025 is May 13-15\u2728 Lemkin (@jasonlk) <a href=\"https:\/\/twitter.com\/jasonlk\/status\/1351571477020065794?ref_src=twsrc%5Etfw\">January 19, 2021<\/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:\/\/openviewpartners.com\/blog\/saas-product-viral-loop\/#.YAkR7f0zaUk\">5 examples of SaaS products with viral loops<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saastr.com\/5-interesting-learnings-about-twilio-at-2-billion-in-arr\/\">5 interesting learnings from Twilio at $2billion in ARR<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/openviewpartners.com\/blog\/saas-pricing-insights\/#.YAkRFP0zaUk\">Pricing insights from 2,200 SaaS companies<\/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>AJ (Carrd): the accidental founder<\/strong><\/p>\n\n\n\n<p>Listen to the inspiring story of a creator&nbsp;\u2013 AJ&nbsp;\u2013 who started <a href=\"https:\/\/www.saasworthy.com\/product\/carrd-co\">Carrd<\/a> to make it extremely easy to create one-page websites. Little did he know that it&#8217;ll take off, and he&#8217;d reach to 800k users. Today, Carrd is making more than a million dollars in revenue, and he shares the evolution of the company along with how he changed his mindset about Carrd no longer being a side hustle.<\/p>\n\n\n\n<p><strong>Company Culture with Nicolas Dessaigne, Co-Founder at Algolia<\/strong><\/p>\n\n\n\n<p>In the fireside chat between Nicolas Dessaigne, Co-founder and BOD at <a href=\"https:\/\/www.saasworthy.com\/product\/algolia-site-search\">Algolia<\/a> and Stephen Cummins, CEO at AppSelekt, Nicolas discusses the experience of starting a company, and raising funding, among other things. He also talks about how a company can build a world-class culture.<\/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>How I make $10,000\/month with my SaaS<\/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\">\nhttps:\/\/www.youtube.com\/watch?v=BKWO-MyrmyA\n<\/div><\/figure>\n\n\n\n<p>In this video, Mike Slaats, founder of user feedback tool Upvoty shares how the company grew to $10k MRR. He shares tips as to how to find the idea, how to get the initial users, how to leverage communities, and more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s everything that you need to know about the happenings in the world of SaaS in the past week <\/p>\n","protected":false},"author":3,"featured_media":2305,"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-2304","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 #4: Citrix acquires Wrike, TripActions raises $155million, 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-4-citrix-acquires-wrike-tripactions-raises-155million-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 #4: Citrix acquires Wrike, TripActions raises $155million, and more - SaaSworthy Blog\" \/>\n<meta property=\"og:description\" content=\"Here&#039;s everything that you need to know about the happenings in the world of SaaS in the past week\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-4-citrix-acquires-wrike-tripactions-raises-155million-and-more\" \/>\n<meta property=\"og:site_name\" content=\"SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; 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