The Day in SaaS 06.29.21: The Office Dies, Zoom Acquires, PE Loves SaaS
Chrome Web Store extension devs required to enable 2FA - 9to5Google. Two factor authentication is no longer a nice-to-have. An SMS really isn’t good enough.
Uber is the latest tech company to rethink its return-to-office plans. Uber is the latest tech leader to have to change its office plans after a revolt. Now, you still have to go to the office 50% time. But you can pick whenever that is.
Retail traders pour into a tiny software company that's heavily shorted, causing shares to more than triple this week. The Reddit crowd finally comes to SaaS. Adtech Marin Software rises from the almost-dead to triple for no clear reason.
Zoom is buying a startup to bring real-time translation to video calls | Engadget. Zoom has been slow to do acquisitions, but that generally speeds up over time. This small tuck-in deal keeps it competitive with WebEx and more.
Microsoft's CEO Says Hybrid Work Will Be the 'Biggest Shift' in a Generation. We’ve probably only just seen the tipping point of how work-from-home changes business software.
SaaS-focused Acceleprise rebrands, raises $30M in new capital. A quieter SaaS accelerator goes bigger.
Private equity is pouring money into enterprise SaaS companies. PE money into SaaS is up a stunning 140%+ so far in 2021!!
Canadian HR Tech Firm Visier Becomes Unicorn After Goldman-Led Investment | Technology News | US News. A unicorn comes to people analytics.
DevOps platform JFrog bolsters security with $300M Vdoo acquisition. JFrog hasn’t been a high flier since its IPO, as it seeks to enhance its security chops.
Orum raises $52M to help speed up intrabank transfers. Fintech is on fire. 18 months after its seed round, Orum raises $52M.