{"id":4241,"date":"2021-07-16T19:25:34","date_gmt":"2021-07-16T13:55:34","guid":{"rendered":"https:\/\/www.saasworthy.com\/blog\/?p=4241"},"modified":"2021-07-16T19:29:00","modified_gmt":"2021-07-16T13:59:00","slug":"saas-weekly-roundup-29-broadcom-to-buy-sas-zoominfo-acquires-chorus-and-more","status":"publish","type":"post","link":"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-29-broadcom-to-buy-sas-zoominfo-acquires-chorus-and-more","title":{"rendered":"SaaS weekly roundup #29: Broadcom to buy SAS, ZoomInfo acquires Chorus.ai, and more"},"content":{"rendered":"\n<p>This week, the search giant announced that it&#8217;s imposing a 60-minute limit for <a aria-label=\"Google Meet (opens in a new tab)\" href=\"https:\/\/www.saasworthy.com\/product\/google-hangouts-meet\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\">Google Meet<\/a> for free users. While this may not be a piece of good news for many people, believe us when we say that the world of SaaS continued to throw a lot of surprises &#8212; right from significant acquisitions to new launches and fund-raising activities. Without any further delay, let&#8217;s jump 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-29-broadcom-to-buy-sas-zoominfo-acquires-chorus-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-29-broadcom-to-buy-sas-zoominfo-acquires-chorus-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-29-broadcom-to-buy-sas-zoominfo-acquires-chorus-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-29-broadcom-to-buy-sas-zoominfo-acquires-chorus-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-29-broadcom-to-buy-sas-zoominfo-acquires-chorus-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.wsj.com\/articles\/broadcom-in-talks-to-buy-software-firm-sas-11626103731?mod=djemalertNEWS\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Broadcom in talks to buy software firm SAS<\/strong><\/a><\/p>\n\n\n\n<p>Broadcom, a leading hardware-based player in the networking space with its chipsets, is setting its sights on the software. In 2018, it had acquired CA Technologies, and now, it&#8217;s acquiring analytics, business intelligence, and data management software SAS. The deal has been valued at between $15 and $20 billion.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.zoominfo.com\/newsroom\/press-releases\/zoominfo-chorus\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ZoomInfo to acquire conversation intelligence leader Chorus.ai to enable insight-driven targeting, coaching, and decision-making for go-to-market teams<\/strong><\/a><\/p>\n\n\n\n<p>Sales intelligence company <a href=\"https:\/\/www.saasworthy.com\/product\/zoominfo-formcomplete\" target=\"_blank\" rel=\"noreferrer noopener\">ZoomInfo<\/a> is acquiring a leading player in the conversational intelligence space &#8212; <a href=\"https:\/\/www.saasworthy.com\/product\/chorus-ai\" target=\"_blank\" rel=\"noreferrer noopener\">Chorus.ai<\/a>. Valued at $575million, the deal will help ZoomInfo offer better data-driven decisions to organizations.<\/p>\n\n\n\n<p><strong>Related read:<\/strong> <a href=\"https:\/\/blog.zoominfo.com\/zoominfo-chorus\/\" target=\"_blank\" rel=\"noreferrer noopener\">ZoomInfo&#8217;s CEO Henry Schuck on how the deal could be a game-changer<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-07-11\/microsoft-is-said-to-be-buying-cybersecurity-company-riskiq\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Microsoft agrees to acquire cybersecurity company RiskIQ<\/strong><\/a><\/p>\n\n\n\n<p>The Redmond giant is beefing up its cybersecurity offerings. It&#8217;s purchasing RiskIQ, which is cloud software for detecting security threats. While the terms of the deal weren&#8217;t disclosed, reports suggest that it&#8217;s worth $500million.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/servicemax-a-leader-in-field-service-management-saas-to-be-listed-on-nasdaq-following-business-combination-with-pathfinder-acquisition-corporation-301335271.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ServiceMax, a leader in Field Service Management SaaS, to be listed on Nasdaq following business combination with Pathfinder Acquisition Corporation<\/strong><\/a><\/p>\n\n\n\n<p>The leading <a href=\"https:\/\/www.saasworthy.com\/list\/field-service-management-software\" target=\"_blank\" rel=\"noreferrer noopener\">field service management software<\/a> company <a href=\"https:\/\/www.saasworthy.com\/product\/servicemax\" target=\"_blank\" rel=\"noreferrer noopener\">ServiceMax<\/a> is going public via a SPAC as it merges with Pathfinder. It&#8217;ll be trading on NASDAQ under the SMAX symbol, it also announced the acquisition of LiquidFrameworks, an FMS provider that&#8217;s focused on the energy sector. The transaction is valued at $1.4billion, and will also help ServiceMax raise $355million.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.theverge.com\/2021\/7\/14\/22575064\/microsoft-windows-365-cloud-pc-launch-date-price-features\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Microsoft puts PCs in the cloud with Windows 365<\/strong><\/a><\/p>\n\n\n\n<p>Apart from the acquisition, Microsoft was in news for other reasons too. After launching Windows 11 not so long ago, the company has now announced a new service dubbed Windows 365. As the name suggests, it allows businesses to access Cloud PCs from anywhere as they can stream Windows 10 or Windows 11 on a web browser.<\/p>\n\n\n\n<p><a href=\"https:\/\/venturebeat.com\/2021\/07\/13\/zoho-launches-business-intelligence-platform-infused-with-ai\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Zoho launches business intelligence platform infused with AI<\/strong><\/a><\/p>\n\n\n\n<p>Zoho is bringing its <a href=\"https:\/\/www.saasworthy.com\/list\/business-intelligence-software\" target=\"_blank\" rel=\"noreferrer noopener\">Business Intelligence platform<\/a> Zoho DataPrep, <a href=\"https:\/\/www.saasworthy.com\/product\/zoho-reports\" target=\"_blank\" rel=\"noreferrer noopener\">Zoho Analytics<\/a>, <a href=\"https:\/\/www.saasworthy.com\/product\/zoho-show\" target=\"_blank\" rel=\"noreferrer noopener\">Zoho Show<\/a> presentation software, and <a href=\"https:\/\/www.saasworthy.com\/product\/zoho-sites\" target=\"_blank\" rel=\"noreferrer noopener\">Zoho Sites<\/a> for building websites into one tool. This will enable organizations to aggregate data and present it easily.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.zdnet.com\/article\/twilio-unveils-new-tools-for-live-audio-and-video-streaming\/#ftag=RSSbaffb68\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Twilio unveils new tools for live audio and video streaming<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/cloud-communication-platform\" target=\"_blank\" rel=\"noreferrer noopener\">Cloud communications platform<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/twilio-flex\" target=\"_blank\" rel=\"noreferrer noopener\">Twilio<\/a> wants to become an effective customer engagement platform as well. It has released Twilio Live, which helps companies build personalized experiences for video streaming. What differentiates Twilio is that it lets companies create custom solutions for audio and video streaming. Reddit for example, is developing Reddit Talk for developing the live audio feature, ala Clubhouse.<\/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:\/\/news.crunchbase.com\/news\/remote-closes-150m-series-b-to-help-companies-manage-changing-workforce\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Remote closes $150million Series B to help companies manage changing workforce<\/strong><\/a><\/p>\n\n\n\n<p>Remote work has unlocked new possibilities. Chief among them is the fact that the workforce can be from anywhere across the globe. <a href=\"https:\/\/www.saasworthy.com\/product\/remote-com\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\">Remote.com<\/a> is built for such a use case only. And it has now received $150 million Series B funding to continue on this path. The round was led by Accel, and brings the company to the unicorn club.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/07\/13\/webops-platform-pantheon-raises-100m-from-softbank-vision-fund\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>WebOps platform Pantheon raises $100million from SoftBank Vision Fund<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/pantheon-io\" target=\"_blank\" rel=\"noreferrer noopener\">Pantheon<\/a> is a WebOps platform that offers a serverless hosting platform for developers. It&#8217;s now venturing into the digital experience category to have a solid workflow for the various stakeholders in the company. It has closed a $100million Series E funding round at a billion-dollar-plus valuation.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.geekwire.com\/2021\/amperity-seattles-latest-unicorn-100m-round-supercharge-customer-data-platform\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Amperity is Seattle\u2019s latest unicorn with $100million round to supercharge its customer data platform<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/customer-data-platform-cdp\" target=\"_blank\" rel=\"noreferrer noopener\">Customer data platform<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/amperity\" target=\"_blank\" rel=\"noreferrer noopener\">Amperity<\/a> has joined the unicorn list with its latest fundraise of $100million. The company&#8217;s software help organizations improve their marketing campaigns as it can connect to different data points like customer emails, website traffic, app usage, etc.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/07\/14\/former-nutanix-execs-launch-new-startup-with-50m-seed-round\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Former Nutanix execs launch new startup with $50million seed round<\/strong><\/a><\/p>\n\n\n\n<p>In one of the largest seed rounds ever, DevRev&nbsp;\u2013&nbsp;a SaaS startup started by two <a href=\"https:\/\/www.saasworthy.com\/product\/nutanix-beam\" target=\"_blank\" rel=\"noreferrer noopener\">Nutanix<\/a> executives&nbsp;\u2013 has nabbed a $50million funding. As the name indicates, the startup aims to bring developers and revenue functionality closer.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210714005524\/en\/LinkSquares-Announces-40-Million-in-Series-B-Funding-Led-by-Sorenson-Capital\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>LinkSquares announces $40million in Series B funding led by Sorenson Capital<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/contract-management-software\" target=\"_blank\" rel=\"noreferrer noopener\">Contract Lifecycle Management<\/a> (CLM) company has closed a $40million Series B investment. Led by Sorenson Capital, the company has raised $61.4million to date. It also highlighted that it has grown over 1,000 percent within two years.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/07\/14\/ex-plaid-employees-raise-30m-for-stytch-an-api-first-passwordless-authentication-platform\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Ex-Plaid employees raise $30million for Stytch, an API-first passwordless authentication platform<\/strong><\/a><\/p>\n\n\n\n<p>Passwords should be a thing of the past&#8230; that&#8217;s what it seems like when you look at many startups working in this space. Now a new startup is aiming to make it easier for authenticating the user without passwords. Dubbed Stytch, it has finished a $30million Series A funding round led by Thrive Capital.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">I made a million dollars in SaaS \ud83e\udd11 <a href=\"https:\/\/t.co\/mlapcpT24u\">pic.twitter.com\/mlapcpT24u<\/a><\/p>&mdash; Reilly Chase (@_rchase_) <a href=\"https:\/\/twitter.com\/_rchase_\/status\/1413666084931227652?ref_src=twsrc%5Etfw\">July 10, 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:\/\/techcrunch.com\/2021\/07\/09\/this-early-stage-marketing-expert-says-b2b-saas-is-actually-very-very-cool-now\/\" target=\"_blank\" rel=\"noreferrer noopener\">This early-stage marketing expert says \u2018B2B SaaS is actually very, very cool now\u2019<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/venturebeat.com\/2021\/07\/11\/saas-and-cloud-management-challenges-for-the-digital-workplace\/\" target=\"_blank\" rel=\"noreferrer noopener\">SaaS and cloud management challenges for the digital workplace<\/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>Spenser Skates &#8211; challenging big ideas<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/invest-like-the\/spenser-skates-challenging-uhqngw3TrfH\/embed\/\" height=\"170px\" width=\"100%\" style=\"width: 1px; min-width: 100%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/amplitude-analytics\" target=\"_blank\" rel=\"noreferrer noopener\">Amplitude Analytics<\/a> is a leading player in the <a href=\"https:\/\/www.saasworthy.com\/list\/product-analytics-software\" target=\"_blank\" rel=\"noreferrer noopener\">product analytics<\/a> space. In this podcast, its CEO and co-founder Spenser Skates talks about his journey into the world of startups, what makes Amplitude different, his thoughts on public listing, and more.<\/p>\n\n\n\n<p><strong>How I built Mailchimp with Ben Chestnut<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/how-i-built-this\/mailchimp-ben-chestnut-YHjTUawZECs\/embed\/\" height=\"170px\" width=\"100%\" style=\"width: 1px; min-width: 100%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/email-marketing-software\" target=\"_blank\" rel=\"noreferrer noopener\">Email marketing software<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/mailchimp\" target=\"_blank\" rel=\"noreferrer noopener\">Mailchimp<\/a> is a huge success story today. But it wasn&#8217;t always so, and that&#8217;s what makes its journey so fascinating. In this podcast, its co-founder Ben Chestnut shares how and why he started Mailchimp, why they continued to bootstrap, and where it&#8217;s today.<\/p>\n\n\n\n<p><strong>Kevin Dorsey, VP of Inside Sales at Patient Pop shares the cutting edge techniques for building trust in today&#8217;s competitive market<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/the-official\/saastr-468-kevin-dorsey-vp-uBRWgvO08Na\/embed\/\" height=\"170px\" width=\"100%\" style=\"width: 1px; min-width: 100%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe> \n\n\n\n<p>Trust is an important factor in sales, but it&#8217;s often misunderstood. In this episode, Patient Pop&#8217;s VP of Inside Sales, Kevin Dorsey, shares how one can build trust and stand out amidst the competition.<\/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>The best SaaS metrics to track<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"The Best SaaS Metrics To Track\" width=\"788\" height=\"443\" src=\"https:\/\/www.youtube.com\/embed\/tQ0LLn28lHQ?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, host TK Kader shares three metrics that SaaS companies should be tracking. These include revenue per lead, LTV to CAC ratio, and your NPS.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From acquisitions to new unicorns, 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":4243,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":4,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-4241","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 #29: Broadcom to buy SAS, ZoomInfo acquires Chorus.ai, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS<\/title>\n<meta name=\"description\" content=\"From acquisitions to new unicorns, here&#039;s everything that you need to know about the happenings in the world of SaaS in the past week\" \/>\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-29-broadcom-to-buy-sas-zoominfo-acquires-chorus-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 #29: Broadcom to buy SAS, ZoomInfo acquires Chorus.ai, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\" \/>\n<meta property=\"og:description\" content=\"From acquisitions to new unicorns, 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-29-broadcom-to-buy-sas-zoominfo-acquires-chorus-and-more\" \/>\n<meta property=\"og:site_name\" content=\"SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; 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