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Osano raises $11M from Jump Capital, others

At a Glance Osano raises $11M in funding from Jump Capital to support its international expansion and hire for sales marketing and engineering. It witnessed significant growth and has over 10 percent of the Fortune 500 as paying customers

Turtl raises $17M in Series A from Octopus Ventures

At a Glance Content automation company Turtl raised $17M in Series A funding from Octopus Ventures to expand its team and double its headcount. This Series A funding is Turtl’s first institutional raise and stated that with this, the startup would double its headcount using the…

Pentathlon Ventures closes its first fund of $10.3M

At a Glance Pentathlon Ventures, a venture capital firm focused on early-stage B2B SaaS, has announced the final close of its INR 76 crore first Fund. Pentathlon plans to invest in 20+ B2B SaaS startups each year, with average investments ranging from INR 75 lakh to INR 3 crore.

Freshworks debuts on Nasdaq; current valuation at $13 billion

At a Glance Freshworks, a provider of SaaS customer engagement solutions, debuted on the Nasdaq on Wednesday after a billion-dollar IPO. Freshworks stock increased by 32% after the company raised $1 billion in an IPO priced above the marketed range. 

Sinch acquires MessengerPeople for $56.2M

At a Glance Sinch, a cloud communication company, recently announced the acquisition of MessengerPeople. Sinch will pay a total enterprise value of $ 56.2 million, consisting of $ 39.4 million in cash and $ 16.8 million in new Sinch shares.

Reports

August Report

The SaaS Funding Report – August 2021

The August Funding Report analyses the funding cycle of the SaaS ecosystem. Download the report to know more.

July cover

The SaaS Funding Report – July 2021

The July Funding Report provides vital insights into the global SaaS ecosystem’s funding activity. Download the report to know more.

June Report

The SaaS Funding Report – June 2021

The June Funding Report is out with key insights on funding activity in the global SaaS ecosystem. Download the report to know more.

About SaaS Industry

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