The Day in SaaS 11.19.21: Apple Back to Work, Bay Area Still #1 -- For Now, Workday Hits Limits
Apple to Bring Employees Back to Office on Feb. 1 and Allow Some Remote Work. The old tech giants keep trying to get folks to back, at least in part. Salesforce is also asking most folks to at least get together IRL this year.
103 of the 500 fastest growing tech companies are based in the Bay Area. — far more than in any other region. The current leaders were all founded a decade or so ago, so this data isn’t dispositive. But it does show the Bay Area isn’t dead yet. But clearly, it’s not what it was before Covid.
Workday Stock Falls As Guidance Edges By Views Amid Acquisition. Workday’s growth has slowed as its become a very mature platform.
$400M funding round to help Gemini build in the decentralized Metaverse. The Winkelvii go from strength to strength.
Paytm CEO’s ambition to deliver India's largest-ever IPO backfires. A huge fintech IPO stumbles a bit, but still is huge.
Workday to acquire external workforce management startup VNDLY for $510M. Workday looks to expand its platform, bit-by-bit.
Passwordless authentication platform Stytch raises $90M. Close to $1B has been raised in past 180 days alone for passwordless authentication. Stytch is the latest round.
Why the Music Software Company Everyone Wants to Buy Won't Sell. Not everyone wants to raise.
No-code workflow automation provider Formstack raises $425M - SiliconANGLE. Formstack has been a big success story for a long time. Now it’s a “No-code” leader.
Farming Software Maker Valued at $4 Billion in Round. Vertical SaaS continues to explode. Farmers Business Network more than doubles its valuation from last year.
And our latest vid, a pretty great one with Mark Roberge, ex-CRO at HubSpot: