This Week In The SaaS Universe- Updates & Highlights With spotSaaS Weekly Roundup
Latest Funding News
Akeyless Raises $65 Million In New Funding
| Company Name | Akeyless |
| About the company | Secrets management platform |
| Founder Name | Shai Onn, Refael Angel, and Oded Hareven |
| Fund raised | $65 Million |
| Investors | Team8 Capital Jerusalem Venture Partners and NGP Capital |
| How will the company use the money | To expand and enhance its platform |
Spintly Raises $2.5M
| Company Name | Spintly |
| About the company | Physical access control solution |
| Founder Name | Rohin Parkar and Malcolm Dsouza |
| Fund raised | $2.5M |
| Investors | Lets Venture, Accel Nest and more |
| How will the company use the money | To concentrate on its expansion in the international market, particularly the US market, as well as to improve its R&D capabilities. |
Matter Labs raises $200 million to scale Ethereum
| Company Name | Matter Labs |
| About the company | Ethereum scaling solution |
| Founder Name | Alex Gluchowski |
| Fund raised | $200 million |
| Investors | Blockchain Capital and Dragonfly |
| How will the company use the money | Gaining traction in the crypto ecosystem |
BeZero brings home $50 million for deep dive carbon credit analysis
| Company Name | BeZero |
| About the company | Carbon credit scoring |
| Founder Name | Tommy Ricketts |
| Fund raised | $50 million |
| Investors | Quantum Energy Partners |
| How will the company use the money | To apply sound methodology to carbon permit trading |
Mergers & Acquisitions
Jamf Has Acquired ZecOps To Provide Premium Security To Apple
ZecOps is a sophisticated tool that enables advanced threat hunting through the collection and examination of operating system-level data from iOS and Android devices.
This vital information can facilitate automatic or demand-driven mobile cyber investigations, which can speed up incident response.
Rollic acquires German mobile game developer Popcore
Istanbul-based mobile gaming giant Rollic, Zynga and Take-Two subsidiary, has acquired Popcore, an independent mobile game developer based in Germany.
Popcore was founded by brothers Thomas and Johannes Heinze in 2018 and developed innovative, ad-driven, free-to-play games for audiences worldwide that have been downloaded over 500 million times globally across iOS and Android.
Cision acquires No.1 MediaTech 50 firm Factmata
The top-ranked startup in the MediaTech 50 list for social and news media monitoring, Factmata, has been bought by international communications company Cision.
Factmata uses artificial intelligence to track and identify online narratives in tweets, blogs, articles, and other social chatter, highlighting those that may enhance or detract from a brand’s reputation and worth.
IBanFirst completes acquisition of Cornhill
The closure of the acquisition of Cornhill has been announced by international financial services firm iBanFirst. The Financial Conduct Authority, a British regulatory body, has given the group permission to purchase Cornhill as of the time of this release. With this transaction, iBanFirst is quickening the pace of its global expansion in the most significant and active FX market in Europe: the UK.
SaaS News of the Week
Chinese takeover of the UK’s biggest chip plant blocked on national security grounds
The UK government has blocked the takeover of the country’s largest microchip factory by a Chinese-owned firm over concerns it may undermine national security.
HeptaPay, a Rwandan startup, now offers cross-border micropayments
Users may now instantaneously transfer funds from their debit or credit card to East African mobile money accounts thanks to a Rwandan business called HeptaPay.
HeptaPay is a new product that users may use to send money to Rwanda, Kenya, and Burundi on all major telcos from anywhere in the world. It formally launched in Rwanda in 2020 before expanding to Kenya and Burundi as well. The business is getting ready to launch in Uganda.
Under the Horizon Europe banner, EIC Fund invests €190 million
The EIC Fund, the equity investment vehicle of the European Innovation Council, has assembled its first batch under the Horizon Europe initiative, taking 35 investment decisions amounting to equity investments of €190 million.
Adidas reveals its first collection of NFT wearables in new product category dubbed Virtual Gear
Holders of the Adidas Originals: Capsule NFT Collection, some 30,000 non-wearable NFTs that the company put up for offer in 2021, have the option to reveal which item they’ve received at random by burning the original Capsule NFT they possess and replace it with the new item, or flip it for a profit.
Listen to Podcast
How an Accidental Founder Built a $5M ARR SaaS – with Jason Bergenske
Jason Bergenske is the founder and CEO of MovitPro, a SaaS product that helps moving and storage companies to manage all aspects of their operations.
SaaS Learning Section
6 Strategies to Improve Customer Retention in B2B SaaS Setup
Regardless of how dedicated they are, your consumers will ultimately cease using your product. However, sustaining them is both more enjoyable and far more profitable than finding new ones.
Today’s consumers want more from a company than just a good or service. Every time customers deal with your business, they want an unforgettable experience.
Must-Read
IT leaders may underestimate the risk of shadow SaaS, finds new Snow Software survey
Snow Software, a global leader in technology intelligence, has unveiled data highlighting the challenges facing IT leaders due to expanded Software-as-a-Service (SaaS) usage.
While a huge majority of IT leaders (96%) indicated they were ‘confident or very confident’ in their organisation’s SaaS security measures, the top challenge for leaders managing SaaS was ‘employees adding new SaaS applications without notifying IT,’ suggesting that leaders may underestimate the importance of visibility in security.
SaaS-based CRM Software Market to Witness Massive Growth
A detailed study accumulated to offer the Latest insights about acute features of the SaaS-based CRM Software market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors.
