{"id":8221,"date":"2021-11-02T17:34:28","date_gmt":"2021-11-02T12:04:28","guid":{"rendered":"https:\/\/www.saasworthy.com\/blog\/?p=8221"},"modified":"2021-11-02T17:34:33","modified_gmt":"2021-11-02T12:04:33","slug":"saas-weekly-roundup-44-zendesk-acquires-surveymonkey-clickup-raises-400million-and-more","status":"publish","type":"post","link":"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-44-zendesk-acquires-surveymonkey-clickup-raises-400million-and-more","title":{"rendered":"SaaS weekly roundup #44: Zendesk acquires SurveyMonkey, ClickUp raises $400million, and more"},"content":{"rendered":"\n<p>If you think funding for SaaS companies is drying up, then you should take a look at our regularly-updated SaaS companies that got the funding post. And the past week is no different. Startups operating in the space have got significant investments. A lot more happened in the past few days, which is what we&#8217;ll talk about today.<\/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-44-zendesk-acquires-surveymonkey-clickup-raises-400million-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-44-zendesk-acquires-surveymonkey-clickup-raises-400million-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-44-zendesk-acquires-surveymonkey-clickup-raises-400million-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-44-zendesk-acquires-surveymonkey-clickup-raises-400million-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-44-zendesk-acquires-surveymonkey-clickup-raises-400million-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\/twilio-shares-off-5-q3-revenue-tops-expectations-delivers-surprise-profit-retention-rate-declines\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Twilio shares off 13\\%: We had a terrific Q3, I&#8217;m more excited than ever,&#8217; says CFO<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/twilio-flex\" target=\"_blank\" rel=\"noreferrer noopener\">Twilio<\/a>, a leading <a href=\"https:\/\/www.saasworthy.com\/list\/cloud-communication-platform\" target=\"_blank\" rel=\"noreferrer noopener\">cloud communications company<\/a>, has surpassed analysts&#8217; expectations with its Q3 numbers. Its revenue grew by\u00a0 65 percent to $740.2million (vs its own expectation between $670- to $680million and analysts&#8217; expectation of $681million). What&#8217;s even more impressive is its Net Expansion Rate of 131 percent.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/article\/momentive-global-ma-zendesk-idUSL4N2RO5WH\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Software services firm Zendesk to buy SurveyMonkey parent for nearly $4 bln<\/strong><\/a><\/p>\n\n\n\n<p>Popular <a href=\"https:\/\/www.saasworthy.com\/list\/help-desk-software\" target=\"_blank\" rel=\"noreferrer noopener\">helpdesk software<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/zendesk-support\" target=\"_blank\" rel=\"noreferrer noopener\">Zendesk<\/a> has announced the acquisition of <a href=\"https:\/\/www.saasworthy.com\/product\/surveymonkey\" target=\"_blank\" rel=\"noreferrer noopener\">SurveyMonkey<\/a>, a renowned name in the survey software category. The all-stock deal has been pegged at nearly $4billion. It&#8217;s the biggest acquisition by Zendesk and is expected to close in the first half of 2022.<\/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:\/\/www.dealstreetasia.com\/stories\/softbank-series-d-huice-267257\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>SoftBank leads $312million Series D round for Chinese smart retail SaaS provider Huice<\/strong><\/a><\/p>\n\n\n\n<p>Chinese SaaS company Huice providing smart retail solutions has raised $312million in Series D funding. Led by SoftBank Vision Fund 2, the company aims to expand its technology and service team with the investment.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/10\/27\/clickup-raises-400m-at-a-4b-valuation-to-expand-its-all-in-one-workplace-productivity-platform-to-europe\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ClickUp raises $400million at a $4billion valuation to expand its all-in-one workplace productivity platform to Europe<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/clickup\" target=\"_blank\" rel=\"noreferrer noopener\">ClickUp<\/a>, an all-in-one platform for project management, document collaboration, and more, has raised a single-biggest Series C funding in the form of a $400million investment. Co-led by A16z and Tiger Global, the San Diego-based company is now valued at $4billion.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/10\/28\/aws-for-blockchain-alchemy-boost-valuation-to-3-5b-with-250m-raise\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>\u2018AWS for blockchain\u2019 Alchemy boosts valuation to $3.5billion with $250million raise<\/strong><\/a><\/p>\n\n\n\n<p>It was just April when <a href=\"https:\/\/www.saasworthy.com\/product\/alchemy-io\" target=\"_blank\" rel=\"noreferrer noopener\">Alchemy<\/a> \u2013 which defines itself as AWS for blockchain \u2013 had raised $80million. Now it has nabbed $250million Series C funding which values it at $3.5billion.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/10\/28\/yugabyte-stores-up-188m-more-for-its-open-source-distributed-sql-database-model-now-valued-at-1-3b\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Yugabyte stores up $188million more for its open-source distributed SQL database model, now valued at $1.3billion+<\/strong><\/a><\/p>\n\n\n\n<p>Open-source distributed SQL provider <a href=\"https:\/\/www.saasworthy.com\/product\/yugabytedb\" target=\"_blank\" rel=\"noreferrer noopener\">Yugabyte<\/a> has nabbed $188million in funding, making it a unicorn with a $1.3billion valuation. The Series C round was led by Sapphire Ventures.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/10\/26\/softbank-bets-big-on-pipefy-which-just-raised-75m-for-its-low-code-workflow-management-tool\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>SoftBank bets big on Pipefy, which just raised $75million for its \u2018low-code\u2019 workflow management tool<\/strong><\/a><\/p>\n\n\n\n<p>Low-code workflow management startup Pipefy has received $75million as part of a Series C investment. The amount will help it for global expansion and hire people for developing the product and its GTM strategy.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/10\/27\/fellow-raises-24m-wants-you-to-enjoy-going-to-meetings-again\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Fellow raises $24million; wants you to enjoy going to meetings again<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/fellow-app\" target=\"_blank\" rel=\"noreferrer noopener\">Fellow<\/a>, a meeting management software, has got $24million in Series A funding. Led by Craft Ventures, the fund infusion will be used towards product development, building infrastructure, and hiring across various domains.<\/p>\n\n\n\n<p>Related read: <a href=\"https:\/\/dev.saasworthy.com\/bloginterview-with-aydin-mirzaee-ceo-co-founder-fellow-app\" target=\"_blank\" rel=\"noreferrer noopener\">Interview with Aydin Mirzaee, CEO and Co-founder at Fellow.<\/a>app<\/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\">Amplitude is the first pure-play analytics SaaS company to IPO in quite a while<br><br>It&#39;s growing a stunning 57% at $150m+ ARR &#8230; and that&#39;s up from 50% just a year ago<br><br>It&#39;s a $7B leader so many of us rely on in our products<br><br>5 Interesting Learnings: \ud83d\udd3d\ud83d\udd3d\ud83d\udd3d\ud83d\udd3d\ud83d\udd3d<\/p>&mdash; Jason \u2728\ud83d\udc7eSaaStr 2025 is May 13-15\u2728 Lemkin (@jasonlk) <a href=\"https:\/\/twitter.com\/jasonlk\/status\/1454454354845450244?ref_src=twsrc%5Etfw\">October 30, 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.forbes.com\/sites\/amyfeldman\/2021\/10\/29\/how-a-corporate-lawyer-and-a-finance-guy-ditched-the-rat-race-to-build-a-750-million-barbershop-app\/?sh=610963055a86\" target=\"_blank\" rel=\"noreferrer noopener\">How a corporate lawyer and a finance guy ditched the rat race to build a $750million barbershop app<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.theweek.in\/theweek\/business\/2021\/10\/28\/the-nimble-indian-saas-startups-are-all-set-for-the-global-game.html?fbclid=IwAR1ZxsjvJtdcJ1AzJdhnIQJT7IeHRkf4mDMJ0EBWTggCSIAE0klaABT0MCU\" target=\"_blank\" rel=\"noreferrer noopener\">The nimble Indian SaaS startups are all set for the global game<\/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>Sales acceleration formula 2.0<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/the-saas\/sales-acceleration-formula-20-yIHEfnSsdBx\/embed\/\" height=\"170px\" width=\"100\\%\" style=\"width: 1px; min-width: 100\\%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe> \n\n\n\n<p>Mark Roberge, Managing Director at Stage 2 Capital discusses his updated sales acceleration formula in this podcast. He talks about things that one should focus on to accelerate sales.<\/p>\n\n\n\n<p><strong>Beyond product-led growth, 7 lessons learned in product-led scaling with Dropbox&#8217;s GM<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/the-official\/saastr-490-beyond-product-cATbfFxgMVC\/embed\/\" height=\"170px\" width=\"100\\%\" style=\"width: 1px; min-width: 100\\%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe> \n\n\n\n<p>PLG, or product-led growth, has become a well-known GTM strategy. But what about putting the pedal to the metal and scaling this approach? That&#8217;s what this podcast talks about with <a href=\"https:\/\/www.saasworthy.com\/product\/dropbox-professional\" target=\"_blank\" rel=\"noreferrer noopener\">Dropbox&#8217;s<\/a> Rachel Wolan sharing her lessons from Dropbox and previous stints at LiveRamp and <a href=\"https:\/\/www.saasworthy.com\/product\/talkdesk\" target=\"_blank\" rel=\"noreferrer noopener\">TalkDesk<\/a>.<\/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 SaaS org chart by Series with David Sacks, Co-founder and General Partner at Craft Ventures<\/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 SaaS Org Chart by Series with David Sacks, Co-founder and General Partner at Craft Ventures\" width=\"788\" height=\"443\" src=\"https:\/\/www.youtube.com\/embed\/Fz95IEDLv7Q?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>Hiring is one of the most important things for a company. In this video, Craft Ventures&#8217; David Sacks takes one through about what roles one should hire for depending upon the phase (read funding cycle) of the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you think funding for SaaS companies is drying up, then you should take a look at our regularly-updated SaaS companies that got the funding post. And the past week is no different. Startups operating in the space have got significant investments. A lot more happened in the past few days, which is what we&#8217;ll<\/p>\n","protected":false},"author":3,"featured_media":8222,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":2,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-8221","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 #44: Zendesk acquires SurveyMonkey, ClickUp raises $400million, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS<\/title>\n<meta name=\"description\" content=\"If you think funding for SaaS companies is drying up, then you should take a look at our regularly-updated SaaS companies that got the funding post. And\" \/>\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-44-zendesk-acquires-surveymonkey-clickup-raises-400million-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 #44: Zendesk acquires SurveyMonkey, ClickUp raises $400million, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\" \/>\n<meta property=\"og:description\" content=\"If you think funding for SaaS companies is drying up, then you should take a look at our regularly-updated SaaS companies that got the funding post. And\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-44-zendesk-acquires-surveymonkey-clickup-raises-400million-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=\"2021-11-02T12:04:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-02T12:04:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dev.saasworthy.com\/blog\/wp-content\/uploads\/2021\/11\/SaaS-weekly-roundup-44-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=\"3 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-44-zendesk-acquires-surveymonkey-clickup-raises-400million-and-more\",\"url\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-44-zendesk-acquires-surveymonkey-clickup-raises-400million-and-more\",\"name\":\"SaaS weekly roundup #44: Zendesk acquires SurveyMonkey, ClickUp raises $400million, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\",\"isPartOf\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-44-zendesk-acquires-surveymonkey-clickup-raises-400million-and-more#primaryimage\"},\"image\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-44-zendesk-acquires-surveymonkey-clickup-raises-400million-and-more#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dev.saasworthy.com\/blog\/wp-content\/uploads\/2021\/11\/SaaS-weekly-roundup-44-SaaSworthy.jpg\",\"datePublished\":\"2021-11-02T12:04:28+00:00\",\"dateModified\":\"2021-11-02T12:04:33+00:00\",\"author\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/#\/schema\/person\/0a908a8cb79f924b90d6749d3c1f7f0f\"},\"description\":\"If you think funding for SaaS companies is drying up, then you should take a look at our regularly-updated SaaS companies that got the funding post. 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