{"id":4390,"date":"2021-07-23T20:59:50","date_gmt":"2021-07-23T15:29:50","guid":{"rendered":"https:\/\/www.saasworthy.com\/blog\/?p=4390"},"modified":"2021-07-23T21:07:50","modified_gmt":"2021-07-23T15:37:50","slug":"saas-weekly-roundup-30-zoom-acquires-five9-capchase-raises-280million-and-more","status":"publish","type":"post","link":"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-30-zoom-acquires-five9-capchase-raises-280million-and-more","title":{"rendered":"SaaS weekly roundup #30: Zoom acquires Five9, Capchase raises $280million, and more"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/slack\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\">Slack<\/a> is finally a part of the <a href=\"https:\/\/www.saasworthy.com\/product\/salesforce\" target=\"_blank\" aria-label=\"Salesforce  (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">Salesforce <\/a>family. That wasn&#8217;t the only highlight of the past week, however. As has been the case this year, the past few days were packed with a lot of action for the SaaS world. Without any further delay, here&#8217;s everything you need to know.<\/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-30-zoom-acquires-five9-capchase-raises-280million-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-30-zoom-acquires-five9-capchase-raises-280million-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-30-zoom-acquires-five9-capchase-raises-280million-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-30-zoom-acquires-five9-capchase-raises-280million-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-30-zoom-acquires-five9-capchase-raises-280million-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.globenewswire.com\/news-release\/2021\/07\/19\/2264531\/0\/en\/Zoom-to-Acquire-Five9.html\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\"><strong>Zoom to acquire Five9<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/video-conferencing-software\" target=\"_blank\" rel=\"noreferrer noopener\">Video conferencing software<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/zoom\" target=\"_blank\" rel=\"noreferrer noopener\">Zoom<\/a> is aiming to become much more than just a way for people to video call each other. That&#8217;s why it has acquired a leading player in the cloud <a href=\"https:\/\/www.saasworthy.com\/list\/contact-center-operations-software\" target=\"_blank\" rel=\"noreferrer noopener\">contact center space<\/a>, <a href=\"https:\/\/www.saasworthy.com\/product\/five9\" target=\"_blank\" rel=\"noreferrer noopener\">Five9<\/a>. The all-stock deal has been valued at $14.7billion. Zoom expects that the acquisition will help it break into the $24billion contact center market.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.barrons.com\/articles\/tech-companies-cs-disco-and-kaltura-aim-to-upend-their-sectors-they-had-impressive-ipo-debuts-51626907958\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Zoom rival Kaltura&#8217;s stock pops 20+% after IPO values video-cloud firm at $1.2billion<\/strong><\/a><\/p>\n\n\n\n<p>The SaaS space also continues to see new IPOs. The latest addition to the list is Kaltura, a video-cloud company that saw its price increase by 20 percent to $12. Trading under the $KLTA symbol, it offers its customers the ability to create live, on-demand videos.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.zdnet.com\/article\/qualtrics-q2-surprise-profit-blows-away-expectations-profit-higher-as-well\/#ftag=RSSbaffb68\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Qualtrics Q2 surprise profit blows away expectations, forecast higher as well<\/strong><\/a><\/p>\n\n\n\n<p>It seems that SAP&#8217;s decision to hive off <a href=\"https:\/\/www.saasworthy.com\/product\/qualtrics-core-xm\" target=\"_blank\" rel=\"noreferrer noopener\">Qualtrics<\/a> has been working out well. The customer experience management platform IPOed earlier this year, and its Q2 results were quite impressive. It turned a profit while analysts were expecting a loss, and the net dollar retention rate also increased to 122 percent.<\/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><strong><a href=\"https:\/\/news.crunchbase.com\/news\/capchase-doubles-down-raises-fresh-280m-round\/\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\">Capchase doubles down, raises fresh $280million to provide startups with alternative to VC funding<\/a><\/strong><\/p>\n\n\n\n<p>It seems that alternate forms for fundraising for SaaS companies are in demand. Hence, it isn&#8217;t a surprise to see <a href=\"https:\/\/www.saasworthy.com\/product\/capchase-expense-financing\" target=\"_blank\" rel=\"noreferrer noopener\">Capchase<\/a>, a non-dilutive capital provider, has closed a $280million funding round. The round was a mix of debt and equity, and the interesting thing is that it comes just seven weeks after a $125million investment.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/07\/19\/go1-raises-200m-at-a-1b-valuation-to-boost-its-curated-enterprise-learning-platform\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Go1 raises $200M at a $1B+ valuation to boost its curated enterprise learning platform<\/strong><\/a><\/p>\n\n\n\n<p>Online learning has become mainstream not just for students, but also for professionals. Go1 provides curated online learning for businesses, and it has now got a $200million Series D funding. Based in Australia, the new unicorn will expand to other markets like Europe and the Asia Pacific.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.eu-startups.com\/2021\/07\/paris-based-spendesk-raises-e100-million-to-bring-spend-management-to-every-finance-team-in-europe\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Paris-based Spendesk raises \u20ac100million to bring spend management to every finance team in Europe<\/strong><\/a><\/p>\n\n\n\n<p>All-in-one <a href=\"https:\/\/www.saasworthy.com\/list\/expense-management-software\" target=\"_blank\" rel=\"noreferrer noopener\">expense management platform<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/spendesk\" target=\"_blank\" rel=\"noreferrer noopener\">Spendesk<\/a> has nabbed a \u20ac100million Series C financing. Led by General Atlantic, the company would be using the money for hiring, and improving its product features.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.forbes.com\/sites\/rashishrivastava\/2021\/07\/21\/visual-collaboration-software-mural-reaches-2-billion-valuation-after-raising-50-million\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Visual collaboration software Mural reaches $2billion valuation after raising $50million<\/strong><\/a><\/p>\n\n\n\n<p>With collaboration software coming to the fore amidst the pandemic, it&#8217;s but natural to see new-age startups getting a huge push. Visual <a href=\"https:\/\/www.saasworthy.com\/list\/collaboration-software\" target=\"_blank\" rel=\"noreferrer noopener\">collaboration software<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/mural-co\" target=\"_blank\" rel=\"noreferrer noopener\">Mural<\/a> has received a $50million Series C funding to accelerate its growth. Led by Insight Partners and Tiger Global, Mural is now valued at $2billion.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/07\/22\/tailor-brands-raises-50m-aims-to-be-one-stop-shop-for-small-businesses-to-launch\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Tailor Brands raises $50million, aims to be one-stop shop for small businesses to launch<\/strong><\/a><\/p>\n\n\n\n<p>Most of the software aren&#8217;t optimized for small businesses. Tailor Brands aim to change that by making it easier for a small business to automate their branding and marketing processes. It has gotten $50million Series C funding led b GoDaddy.<\/p>\n\n\n\n<p><a href=\"https:\/\/cyprus-mail.com\/2021\/07\/17\/cyprus-based-learnworlds-secures-32-million-investment\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Cyprus-based LearnWorlds secures $32million investment<\/strong><\/a><\/p>\n\n\n\n<p>Another e-learning company that has gotten funding this week is <a href=\"https:\/\/www.saasworthy.com\/product\/learnworlds\" target=\"_blank\" rel=\"noreferrer noopener\">LearnWorlds<\/a>. It allows anybody to create interactive online courses. The SaaS platform has raised a $32million investment from Insight Partners.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/07\/22\/b2b-social-management-platform-oktopost-raises-20m-growth-round-with-expedition\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>B2B social management platform Oktopost raises $20M growth round with Expedition<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/social-media-management-software\" target=\"_blank\" rel=\"noreferrer noopener\">Social media management<\/a> platform <a href=\"https:\/\/www.saasworthy.com\/product\/oktopost\" target=\"_blank\" rel=\"noreferrer noopener\">Oktopost<\/a> differentiates itself from the competition by specifically focusing on B2B. It has closed a $20million investment from London-based Expedition Growth 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\">My startup, Flexiple, grew from $1mn to $2mn revenue in 4 months &#8211; the major driver was SEO.<br><br>I absolutely love it, yet, it intimidates so many!<br><br>So, in 9 tweets, I&#39;ll explain SEO using the analogy of a LIBRARY &#8211; guarantee you&#39;ll understand it like never before \ud83d\ude42<br><br>Thread\ud83e\uddf5<\/p>&mdash; Karthik Sridharan (@KarthikS2206) <a href=\"https:\/\/twitter.com\/KarthikS2206\/status\/1418073125153955847?ref_src=twsrc%5Etfw\">July 22, 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:\/\/www.business2community.com\/customer-experience\/why-help-desks-are-proving-to-be-the-key-to-saas-customer-support-02420236\" target=\"_blank\" rel=\"noreferrer noopener\">Why helpdesks are proving to be the key to SaaS customer support<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/blog.hubspot.com\/marketing\/definition-marketing-qualified-lead-mql-under-100-sr\" target=\"_blank\" rel=\"noreferrer noopener\">Marketing Qualified Lead: everything you need to know about MQLs<\/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>Workday&#8217;s EVP Product on fueling product innovation on the path to $10billion<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/the-official\/saastr-469-workdays-evp-e-CmbBhDApU\/embed\/\" height=\"170px\" width=\"100%\" style=\"width: 1px; min-width: 100%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p>As the company grows bigger, innovation doesn&#8217;t remain a priority. Listen to <a href=\"https:\/\/www.saasworthy.com\/product\/workday-talent-management\" target=\"_blank\" rel=\"noreferrer noopener\">Workday&#8217;s<\/a> EVP Product Pete Schlampp as he shares how product innovation can be kept alive even in the growth phase.<\/p>\n\n\n\n<p><strong>How to build a RevOps structure to increase revenue and customer LTV<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/predictable\/207-how-to-build-a-revops-ju5QHS8E0Xr\/embed\/\" height=\"170px\" width=\"100%\" style=\"width: 1px; min-width: 100%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p>In this episode of Predictable Revenue Podcast, <a href=\"https:\/\/www.saasworthy.com\/product\/truly-co\" target=\"_blank\" rel=\"noreferrer noopener\">Truly.co&#8217;s<\/a> founder Erol Toker and Clarus Designs co-founder Rachel Haley discuss all about RevOps. They talk about its evolutions, the mistakes that companies make in building out this function, frameworks to follow, and more.<\/p>\n\n\n\n<p><strong>Lessons from 47 leaders in Growth, with Arthur Nobel (Knight Capital)<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/the-saas\/lessons-from-47-leaders-in-8qG4kvlnTEb\/embed\/\" height=\"170px\" width=\"100%\" style=\"width: 1px; min-width: 100%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p>Knight Capital&#8217;s Arthur Noble recently wrote a book on Leaders of Growth. In this podcast, he shares about his journey from an investor to a co-founder and an investor again, and what we should learn from various leaders about growth, 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>The guide to bootstrapped SaaS growth | Peep Laja | Wynter<\/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 Guide to Bootstrapped SaaS Growth | Peep Laja | Wynter | Masters of SaaS\" width=\"788\" height=\"443\" src=\"https:\/\/www.youtube.com\/embed\/rVXPP2qGpEY?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, conversion rate optimization expert Peep Laja shares his journey, various businesses he has started (CXL, Speero, and Wynter), and more. He also talks about bootstrapped growth and then sharing about his latest venture, Wynter.<\/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":4391,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":3,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-4390","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 #30: Zoom acquires Five9, Capchase raises $280million, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\u00a0<\/title>\n<meta name=\"description\" content=\"Here&#039;s everything that you need to know about the happenings in the world of SaaS in the past week. From acquisitions to funding activities, read to know more\" \/>\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-30-zoom-acquires-five9-capchase-raises-280million-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 #30: Zoom acquires Five9, Capchase raises $280million, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\u00a0\" \/>\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. From acquisitions to funding activities, read to know more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-30-zoom-acquires-five9-capchase-raises-280million-and-more\" \/>\n<meta property=\"og:site_name\" content=\"SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/saasworthy\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-23T15:29:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-23T15:37:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dev.saasworthy.com\/blog\/wp-content\/uploads\/2021\/07\/SaaS-weekly-roundup-30-SaaSworthy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nitansh Rastogi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@saasworthy\" \/>\n<meta name=\"twitter:site\" content=\"@saasworthy\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nitansh Rastogi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-30-zoom-acquires-five9-capchase-raises-280million-and-more\",\"url\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-30-zoom-acquires-five9-capchase-raises-280million-and-more\",\"name\":\"SaaS weekly roundup #30: Zoom acquires Five9, Capchase raises $280million, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\u00a0\",\"isPartOf\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-30-zoom-acquires-five9-capchase-raises-280million-and-more#primaryimage\"},\"image\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-30-zoom-acquires-five9-capchase-raises-280million-and-more#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dev.saasworthy.com\/blog\/wp-content\/uploads\/2021\/07\/SaaS-weekly-roundup-30-SaaSworthy.jpg\",\"datePublished\":\"2021-07-23T15:29:50+00:00\",\"dateModified\":\"2021-07-23T15:37:50+00:00\",\"author\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/#\/schema\/person\/0a908a8cb79f924b90d6749d3c1f7f0f\"},\"description\":\"Here's everything that you need to know about the happenings in the world of SaaS in the past week. 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