{"id":8702,"date":"2021-12-20T19:43:49","date_gmt":"2021-12-20T14:13:49","guid":{"rendered":"https:\/\/www.saasworthy.com\/blog\/?p=8702"},"modified":"2021-12-20T19:45:49","modified_gmt":"2021-12-20T14:15:49","slug":"saas-weekly-roundup-51-samsara-goes-public-with-a-12billion-market-cap-airtable-raises-735million-and-more","status":"publish","type":"post","link":"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-51-samsara-goes-public-with-a-12billion-market-cap-airtable-raises-735million-and-more","title":{"rendered":"SaaS weekly roundup #51: Samsara goes public with a $12billion market cap, Airtable raises $735million, and more"},"content":{"rendered":"\n<p>As we went into the penultimate week of 2021, the SaaS ecosystem didn&#8217;t slow down its pace at all. We saw several announcements, companies going public, and some significant funding announcements too. So without further ado, let&#8217;s take a look at what kept the space abuzz in the past 7 days.<\/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-51-samsara-goes-public-with-a-12billion-market-cap-airtable-raises-735million-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-51-samsara-goes-public-with-a-12billion-market-cap-airtable-raises-735million-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-51-samsara-goes-public-with-a-12billion-market-cap-airtable-raises-735million-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-51-samsara-goes-public-with-a-12billion-market-cap-airtable-raises-735million-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-51-samsara-goes-public-with-a-12billion-market-cap-airtable-raises-735million-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.bloomberg.com\/news\/articles\/2021-12-15\/samsara-rises-in-trading-debut-after-ipo-fetches-805-million\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Software maker Samsara rises in trading debut after IPO raises $805million<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/fleet-management-software\" target=\"_blank\" rel=\"noreferrer noopener\">Fleet management software<\/a> Samsara continues the track record of SaaS companies getting successfully listed. Its shares price increased by 7.4 percent, giving it a market capitalization of $12billion. The company raised $805million and trades under the IOT symbol.<\/p>\n\n\n\n<p><a href=\"https:\/\/news.adobe.com\/news\/news-details\/2021\/Adobe-Introduces-Creative-Cloud-Express\/default.aspx\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Adobe introduces Creative Cloud Express<\/strong><\/a><\/p>\n\n\n\n<p>The <a href=\"https:\/\/www.saasworthy.com\/product\/adobe-photoshop\" target=\"_blank\" rel=\"noreferrer noopener\">Photoshop<\/a> maker has been one of the biggest success stories of a traditional company moving to the cloud. And to keep up with the times (amidst new-age rivals), it&#8217;s launched Creative Cloud Express. It allows users to create social media posts, stories, invitations, and things like logos and banners too. It offers thousands of templates, 20,000 Adobe fonts, and 175million licensed Adobe Stock images.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.zdnet.com\/article\/avaya-shows-evolution-to-cloud-at-engage-user-conference\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Avaya shows evolution to cloud at Engage user conference<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/avaya-aura\" target=\"_blank\" rel=\"noreferrer noopener\">Avaya<\/a>, a popular <a href=\"https:\/\/www.saasworthy.com\/list\/call-center-software\" target=\"_blank\" aria-label=\"call center software (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">call center software<\/a> company, held its annual user event dubbed Engage last week. The company has been transitioning towards the cloud to be a leading player in the communications platform as a service (CPaaS) space, and it made several announcements in that regard. Its ARR has jumped up by 180 percent from 2020 to 2021. The fact that Avaya offers the option of private and public clouds has also been working in its favor. In addition, it can also deliver voice or video with its contact center, or even APIs as well.<\/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><a href=\"https:\/\/dev.saasworthy.com\/blogsaas-companies-that-got-the-funding\" target=\"_blank\" rel=\"noreferrer noopener\">SaaS companies that got the funding<\/a> this week<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/12\/13\/low-code-software-start-up-airtable-worth-11-billion-in-new-funding.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Software start-up Airtable hits $11billion valuation in latest funding, adds Salesforce, Michael Dell as investors<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/airtable\" target=\"_blank\" rel=\"noreferrer noopener\">Airtable<\/a> has raised one of the biggest funding rounds this year as it closed a $735million Series F investment. Led by New York City-based XN, the low-code software is now valued at $11billion.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/12\/16\/cockroach-rolls-on-with-278m-series-f-on-5b-valuation\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Cockroach Labs keeps rolling with $278million Series F on $5billion valuation<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/database-management-software\" target=\"_blank\" rel=\"noreferrer noopener\">Database software<\/a> maker Cockroach Labs had raised $160million Series E round in Jan this year, and before 2021 ends, it has nabbed $278million in Series E investment. Valued at $5billion, the round was led by Greenoaks. The company also highlighted that its cloud business grew 500 percent y-o-y, and ARR also tripled from last year&#8217;s Q3 to the same period this year.<\/p>\n\n\n\n<p><a href=\"https:\/\/venturebeat.com\/2021\/12\/16\/unified-business-communications-platform-dialpad-nabs-170-million\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Unified business communications platform Dialpad nabs $170million<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/contact-center-operations-software\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\">Contact center software<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/dialpad-contact-center\" target=\"_blank\" rel=\"noreferrer noopener\">Dialpad<\/a> has announced a $170million funding round that values the company at $2.2billion. Led by Iconiq Capital, the company aims to improve its AI capabilities and hire across NLP, machine learning, data engineering, and more.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/12\/15\/innovaccer-valued-at-3-2-billion-in-150-million-funding\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Innovaccer valued at $3.2billion in $150million funding<\/strong><\/a><\/p>\n\n\n\n<p>It was in February this year that <a href=\"https:\/\/www.saasworthy.com\/product\/innovaccer-incare\" target=\"_blank\" rel=\"noreferrer noopener\">Innovacer<\/a> joined the list of <a href=\"https:\/\/dev.saasworthy.com\/blogindian-saas-unicorns-a-look-at-the-companies-that-are-taking-over-the-world\" target=\"_blank\" rel=\"noreferrer noopener\">Indian SaaS unicorns<\/a>, and now it has trebled its valuation with its $150million Series E financing. Led by Mubadala Capital, Innovacer is now valued at $3.2billion. The funding will be deployed towards research and development as well as hiring across product, engineering, and customer experience roles.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/12\/16\/gtmhub-raises-120m-series-c-as-the-okr-software-market-continues-to-impress\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Gtmhub raises $120million Series C as the OKR software market continues to impress<\/strong><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/objectives-and-key-results-software\" target=\"_blank\" rel=\"noreferrer noopener\">OKR software<\/a> <a href=\"https:\/\/www.saasworthy.com\/product\/gtmhub\" target=\"_blank\" rel=\"noreferrer noopener\">Gtmhub<\/a> has gotten $120million Series C funding. The round was led by Index Ventures, and while the startup didn&#8217;t disclose its valuation, it should&#8217;ve seen a healthy increase from its last Series B round of $30million in January this year.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcrunch.com\/2021\/12\/15\/forethought-nabs-65m-series-c-to-improve-customer-service-with-ai\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Forethought nabs $65million Series C to improve customer service with AI<\/strong><\/a><\/p>\n\n\n\n<p>From being a buzzword that was being thrown around to something that&#8217;s adding real value &#8211; AI has come a long way. Forethought, a startup that brings artificial intelligence to customer service, has just received a $65million Series C investment. Led by Steadfast Capital, the startup would be using the money for hiring and R&amp;D.<\/p>\n\n\n\n<p><a href=\"https:\/\/yourstory.com\/2021\/12\/funding-alert-saas-startup-hevo-data-no-code-platform\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>SaaS startup Hevo raises $30million in Series B round led by Sequoia Capital India<\/strong><\/a><\/p>\n\n\n\n<p>Low-code software for data management, <a href=\"https:\/\/www.saasworthy.com\/product\/hevo\" target=\"_blank\" rel=\"noreferrer noopener\">Hevo Data<\/a>, has closed a $30million Series B funding round. Led by Sequoia Capital India, the investment will be utilized towards sales and marketing, product development as well as hiring.<\/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\">This week in enterprise software: Top 10 <a href=\"https:\/\/twitter.com\/hashtag\/SaaS?src=hash&amp;ref_src=twsrc%5Etfw\">#SaaS<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Cloud?src=hash&amp;ref_src=twsrc%5Etfw\">#Cloud<\/a> multiples as of today&#39;s market close. <a href=\"https:\/\/t.co\/BKP5rYJIuI\">pic.twitter.com\/BKP5rYJIuI<\/a><\/p>&mdash; Jamin Ball (@jaminball) <a href=\"https:\/\/twitter.com\/jaminball\/status\/1471987020964589569?ref_src=twsrc%5Etfw\">December 17, 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:\/\/productled.com\/blog\/future-of-product-led-growth\/\" target=\"_blank\" rel=\"noreferrer noopener\">Predictions from our experts: the future of product-led growth in 2022<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.ft.com\/content\/ad61f2cd-2f8b-42c4-a40b-7e951898ad2c?shareType=nongift&amp;s=09\" target=\"_blank\" rel=\"noreferrer noopener\">HubSpot\u2019s Yamini Rangan on the challenges of sudden power<\/a> [Paywall]\n\n\n\n<p><a href=\"https:\/\/openviewpartners.com\/blog\/the-customer-success-managers-role-in-a-product-led-growth-business\/\" target=\"_blank\" rel=\"noreferrer noopener\">The customer success managers\u2019 role in a product-led growth business<\/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>Andrew Chen on how tech\u2019s giants drive growth with network effects<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/inside-intercom\/andrew-chen-on-how-techs-2_QnM54YVqc\/embed\/\" height=\"170px\" width=\"100\\%\" style=\"width: 1px; min-width: 100\\%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p>A16z&#8217;s partner Andrew Chen recently launched a book dubbed &#8220;<em>The Cold Start Problem<\/em>&#8220;. In this podcast, he discusses what does he mean by the cold start problem, and how businesses \u2013 SaaS or otherwise \u2013 can overcome the challenge by leveraging network effects and ensuring that their product thrives. He illustrates this point with relevant examples such as <a href=\"https:\/\/www.saasworthy.com\/product\/slack\" target=\"_blank\" rel=\"noreferrer noopener\">Slack<\/a> to spur growth.<\/p>\n\n\n\n<p><strong>Charting the journey of Leadfeeder from zero to $10million ARR<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/the-saas\/charting-the-journey-of-gcPAL-kUzpo\/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 podcast, <a href=\"https:\/\/www.saasworthy.com\/product\/leadfeeder\" target=\"_blank\" rel=\"noreferrer noopener\">Leadfeeder&#8217;s<\/a> CRO Jaakko Paalanen shares the journey of <a href=\"https:\/\/www.saasworthy.com\/list\/lead-generation-software\" target=\"_blank\" rel=\"noreferrer noopener\">lead generation software<\/a> from zero to $10million in ARR. He also discusses the early years, the evolution, and how they&#8217;re thinking about bootstrapping vs funding.<\/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>SaaStr Scale 2021<\/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=\"Acquiring SMB 10,000 Customers Solely from Data with Gorgias CEO Romain Lapeyre\" width=\"788\" height=\"443\" src=\"https:\/\/www.youtube.com\/embed\/iUX8xeOubAA?list=PLGlmLTbngJa-NYGqK9VtyFWnmjRw_7vVu\" 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>Building a SaaS startup is hard, but scaling it to $100million or more after the initial success is harder. That&#8217;s why SaaStr is sharing lessons from those who&#8217;ve done it through its Scale conference. Held virtually last week, the playlist has all the talks with leadership folks of companies like <a href=\"https:\/\/www.saasworthy.com\/product\/databricks\" target=\"_blank\" rel=\"noreferrer noopener\">Databricks<\/a>, <a href=\"https:\/\/www.saasworthy.com\/product\/highspot\" target=\"_blank\" rel=\"noreferrer noopener\">Highspot<\/a>, Tipalti, <a href=\"https:\/\/www.saasworthy.com\/product\/zoom\" target=\"_blank\" rel=\"noreferrer noopener\">Zoom<\/a>, and many more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As we went into the penultimate week of 2021, the SaaS ecosystem didn&#8217;t slow down its pace at all. We saw several announcements, companies going public, and some significant funding announcements too. So without further ado, let&#8217;s take a look at what kept the space abuzz in the past 7 days. News of the week<\/p>\n","protected":false},"author":3,"featured_media":8707,"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-8702","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 #51: Samsara goes public with a $12billion market cap, Airtable raises $735million, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS<\/title>\n<meta name=\"description\" content=\"As we went into the penultimate week of 2021, the SaaS ecosystem didn&#039;t slow down its pace at all. We saw several announcements, companies going public,\" \/>\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-51-samsara-goes-public-with-a-12billion-market-cap-airtable-raises-735million-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 #51: Samsara goes public with a $12billion market cap, Airtable raises $735million, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\" \/>\n<meta property=\"og:description\" content=\"As we went into the penultimate week of 2021, the SaaS ecosystem didn&#039;t slow down its pace at all. 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