{"id":2396,"date":"2021-02-20T16:05:05","date_gmt":"2021-02-20T10:35:05","guid":{"rendered":"https:\/\/www.saasworthy.com\/blog\/?p=2396"},"modified":"2021-02-20T16:42:03","modified_gmt":"2021-02-20T11:12:03","slug":"saas-weekly-roundup-8-sinch-crowdstrike-acquisitions-matillion-raises-100million-and-more","status":"publish","type":"post","link":"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-8-sinch-crowdstrike-acquisitions-matillion-raises-100million-and-more","title":{"rendered":"SaaS weekly roundup #8: Sinch, CrowdStrike acquisitions, Matillion raises $100million, and more"},"content":{"rendered":"\n<p>Acquisitions continue in the SaaS space, and so are the funding announcements. In short, the market continues to be positive about the SaaS ecosystem. And if you are wondering what all you may have missed out on, keep on reading.<\/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-8-sinch-crowdstrike-acquisitions-matillion-raises-100million-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-8-sinch-crowdstrike-acquisitions-matillion-raises-100million-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-8-sinch-crowdstrike-acquisitions-matillion-raises-100million-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-8-sinch-crowdstrike-acquisitions-matillion-raises-100million-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-8-sinch-crowdstrike-acquisitions-matillion-raises-100million-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:\/\/www.zdnet.com\/article\/cloud-communications-firm-sinch-nabs-inteliquent-for-1-14b\/#ftag=RSSbaffb68\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Cloud communications firm Sinch nabs Inteliquent for $1.14billion<\/strong><\/a><\/p>\n\n\n\n<p>Stockholm-based Sinch has acquired the US-based voice communications provider, Intelliquent. The deal is worth $1.14billion and will help Sinch have a stronger foothold in the US market against <a href=\"https:\/\/www.saasworthy.com\/product\/twilio-flex\" target=\"_blank\" rel=\"noreferrer noopener\">Twilio<\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.crowdstrike.com\/blog\/taking-our-falcon-xdr-platform-further\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>CrowdStrike redefines true XDR with Humio acquisition<\/strong><\/a><\/p>\n\n\n\n<p>CrowdStrike, one of the leading players in the cybersecurity category, has acquired Humio to improve its XDR platform. XDR stands for extended detection and response, and Humio&#8217;s log management capabilities will help it achieve the same. The deal is worth $400million and will help CrowdStrike compete against the arch-rival <a href=\"https:\/\/www.saasworthy.com\/product\/sentinelone-endpoint-protection-platform\" target=\"_blank\" rel=\"noreferrer noopener\">SentinelOne<\/a>, which coincidentally acquired a similar company in the space, Scalyr.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.paloaltonetworks.com\/company\/press\/2021\/palo-alto-networks-announces-intent-to-acquire-bridgecrew\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Palo Alto Networks announces intent to acquire Bridgecrew<\/strong><\/a><\/p>\n\n\n\n<p>The California-based Palo Alto Networks has announced the acquisition of Bridgecrew, a cloud security company. The deal is closed at $156million and will help the company deliver a full security platform to its users.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.geekwire.com\/2021\/amazon-acquires-selz-shopify-competitor-helps-small-e-commerce-businesses\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>As Shopify continues to boom, Amazon acquires Selz, a startup that helps e-commerce businesses<\/strong><\/a><\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/shopify\" target=\"_blank\">Shopify<\/a> has emerged as a credible threat to the e-commerce giant Amazon. But the world&#8217;s biggest retailer isn&#8217;t sitting idle either as it has acquired Selz that helps entrepreneurs sell their products online. While the terms of the deal weren&#8217;t disclosed, it&#8217;s quite possible that Amazon wants to keep its bases covered against Shopify.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-02-17\/shopify-beats-estimates-sees-revenue-growth-slowing-in-2021\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Shopify slips after warning revenue growth will slow in 2021<\/strong><\/a><\/p>\n\n\n\n<p>Speaking of Shopify, the <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/list\/ecommerce-software\" target=\"_blank\">e-commerce software<\/a> company announced its quarterly results this week. Its revenue in Q4 was $978million, which was above analysts&#8217; expectation of $910million. However, the company thinks that the growth will slow down a little, which was reflected by the stock market sentiment as well.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/investors.dropbox.com\/news-releases\/news-release-details\/dropbox-announces-fourth-quarter-and-fiscal-2020-results\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Dropbox announces fourth quarter and fiscal 2020 results<\/strong><\/a><\/p>\n\n\n\n<p>Cloud company Dropbox also announced its quarterly results with its revenues increasing 13% y-o-y to $504.1million. The company also announced that it has surpassed $2billion in ARR.<\/p>\n\n\n\n<p><a href=\"https:\/\/yourstory.com\/2021\/02\/freshworks-saas-customer-engagement-girish-mathrubootham\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>SaaS startup Freshworks crosses $300million in ARR, business grows 40pc in 2020<\/strong><\/a><\/p>\n\n\n\n<p>One of the biggest SaaS success stories from India, <a href=\"https:\/\/www.saasworthy.com\/product\/freshworks-crm\" target=\"_blank\" rel=\"noreferrer noopener\">Freshworks<\/a> has announced that it has crossed $300million ARR, growing 40% year-on-year. The company mentioned that the next milestone it&#8217;s aiming for is $1billion in ARR.<\/p>\n\n\n\n<p><a href=\"https:\/\/blog.google\/outreach-initiatives\/education\/google-workspace-for-education\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>More options for learning with Google Workspace for Education<\/strong><\/a><\/p>\n\n\n\n<p>After renaming G Suite to <a href=\"https:\/\/www.saasworthy.com\/product\/google-workspace\" target=\"_blank\" rel=\"noreferrer noopener\">Google Workspace<\/a>, the Alphabet-owned company has announced that G Suite for Education is now Google Workspace for Education. Along with that, it also announced the availability of over 50 new features for users.<\/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\/02\/16\/matillion-raises-100-million-to-help-enterprises-accelerate-cloud-data-integration\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Matillion raises $100million to help enterprises accelerate cloud data integration<\/strong><\/a><\/p>\n\n\n\n<p>Integrating data into workflows isn&#8217;t an easy task, but that&#8217;s what Matillion promises for enterprises. Its ETL platform (extract, transform, load) reduces the time required for sorting and organizing data, and putting it into the applications for further analysis or creating visualizations. Its $100million funding round was led by Lightspeed Venture Partners.<\/p>\n\n\n\n<p><a href=\"https:\/\/venturebeat.com\/2021\/02\/18\/replit-raises-20-million-for-collaborative-browser-based-coding\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Replit raises $20million for collaborative browser-based coding<\/strong><\/a><\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/list\/ide-software\" target=\"_blank\">Browser-based IDE<\/a> (integrated development environment) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/list\/social-media-management-software\" target=\"_blank\">Replit<\/a> has received $20million funding as part of its Series A. Interestingly, the round was closed in early 2020, but was announced this week. The company also mentioned that the amount was used for R&amp;D, hiring, and launching new features.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/02\/18\/proptech-startup-knock-raises-20m-to-grow-saas-platform-for-property-managers\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Proptech startup Knock secures $20million to grow SaaS platform for property managers<\/strong><\/a><\/p>\n\n\n\n<p>Knock provides CRM tools to help property managers offer virtual tours and communicate with renters via text, email, or social media. Knock manages over a 1.5million apartments across the US and Canada. To expand its hiring efforts, it has raised $20million led by Fifth Wall Ventures.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/02\/16\/zomentum-raises-13-million-to-scale-its-it-sales-acceleration-platform\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Zomentum raises $13million to scale its IT sales acceleration platform<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/zomentum\" target=\"_blank\" rel=\"noreferrer noopener\">Zomentum<\/a> helps IT partners with their entire sales process to help them close their deals faster. The three-year old startup has closed a $13million Series A round to grow its sales team and enhance the product.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/02\/18\/torii-announces-10m-series-a-to-automate-saas-management-with-workflows\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Torii announces $10million Series A to automate SaaS management<\/strong><\/a><\/p>\n\n\n\n<p>With more companies adopting SaaS products, managing different services owned across different teams would be a nightmare. That&#8217;s where <a rel=\"noreferrer noopener\" href=\"https:\/\/www.saasworthy.com\/product\/torii-hq\" target=\"_blank\">Torii<\/a> comes in. It helps in discovering and managing different SaaS tools inside an organization. It has gotten a $10million Series A investment led by Wing Venture Capital.<\/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\">That&#39;s a wrap for <a href=\"https:\/\/twitter.com\/twilio?ref_src=twsrc%5Etfw\">@Twilio<\/a>&#39;s Q4 2020 earnings: $548M revenue, up 65% Y\/Y.<br><br>A huge thank you to the 4600 Twilions, 220,000 active customers, and the more than 10M developers in our ecosystem. So proud of all you built through the difficult year of 2020! <br><br>Onward. <a href=\"https:\/\/t.co\/2Nj2TPLwLV\">pic.twitter.com\/2Nj2TPLwLV<\/a><\/p>&mdash; Jeff Lawson (@jeffiel) <a href=\"https:\/\/twitter.com\/jeffiel\/status\/1362255331728924673?ref_src=twsrc%5Etfw\">February 18, 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:\/\/blog.hubspot.com\/marketing\/marketing-channels\" target=\"_blank\" rel=\"noreferrer noopener\">7 marketing channels to focus on in 2021<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/sifted.eu\/articles\/flashpoint-200m-saas-fund\/\" target=\"_blank\" rel=\"noreferrer noopener\">Where is Flashpoint\u2019s new $200million SaaS fund looking to invest?<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/openviewpartners.com\/blog\/how-stripe-built-a-sales-organization-to-successfully-sell-to-developers\/#.YDDYdJ8zaUk\" target=\"_blank\" rel=\"noreferrer noopener\">How Stripe built a sales organization to successfully sell to developers<\/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 MeetEdgar leads with educational and story-based marketing<\/strong><\/p>\n\n\n\n<figure><iframe src=\"https:\/\/www.listennotes.com\/embedded\/e\/e381453bf00e473bab9508b101c9b18e\/\" height=\"170px\" width=\"100%\"><\/iframe><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/meetedgar\" target=\"_blank\" rel=\"noreferrer noopener\">MeetEdgar<\/a> is a <a href=\"https:\/\/www.saasworthy.com\/list\/social-media-management-software\" target=\"_blank\" rel=\"noreferrer noopener\">social media management software<\/a> that&#8217;s catering to small businesses. In this podcast, its Outreach Lead, Megan McMullin shares how MeetEdgar is reaching out to the audience with education content, community-based ads, and more.<\/p>\n\n\n\n<p><strong>How to build and sell an audience-first business with Arvid Kahl<\/strong><\/p>\n\n\n\n<figure><iframe src=\"https:\/\/www.listennotes.com\/embedded\/e\/9fb4acefe3e340e089b8738808d27caf\/\" height=\"170px\" width=\"100%\"><\/iframe><\/figure>\n\n\n\n<p>In this podcast, Arvid Kahl, a bootstrapped founder who sold his SaaS business Feedback Panda, talks about his journey, how they scaled up the niche product, and more. He also shares how he&#8217;s using building in public concept to write a book publicly.<\/p>\n\n\n\n<p><strong>Wunderlist &amp; Pitch founder, Christian Reber on his personal relationship with risk, money, whether the sale to Microsoft was a mistake, what great product designs means today &amp; why founders investing external capital is a distraction<\/strong><\/p>\n\n\n\n<figure><iframe src=\"https:\/\/www.listennotes.com\/embedded\/e\/030cd88c969d4b63b044e192843382a9\/\" height=\"170px\" width=\"100%\"><\/iframe><\/figure>\n\n\n\n<p>Pitch&#8217;s founder and CEO Christian Reber shares why he&#8217;s building a collaborative presentation software. He talks about significant funding it has been able to raise, his experience of creating <a href=\"https:\/\/www.saasworthy.com\/product\/wunderlist\" target=\"_blank\" rel=\"noreferrer noopener\">Wunderlist<\/a>, and how he juggles his time between Pitch and Superlist.<\/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 to create the optimal SaaS pricing page<\/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=\"How to Create The Optimal SaaS Pricing Page\" width=\"788\" height=\"443\" src=\"https:\/\/www.youtube.com\/embed\/AxTrGSdZC2E?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, Neil Patel from <a href=\"https:\/\/www.saasworthy.com\/product\/ubersuggest\" target=\"_blank\" rel=\"noreferrer noopener\">Ubersuggest<\/a> talks about the pricing page &#8211; which is a make or break for most SaaS products. He shares what elements one should focus on, how it should look with the aim of maximizing the conversions.<\/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":2398,"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-2396","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 #8: Sinch, CrowdStrike acquisitions, Matillion raises $100million, 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-8-sinch-crowdstrike-acquisitions-matillion-raises-100million-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 #8: Sinch, CrowdStrike acquisitions, Matillion raises $100million, 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-8-sinch-crowdstrike-acquisitions-matillion-raises-100million-and-more\" \/>\n<meta property=\"og:site_name\" content=\"SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; 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