In today's tech industry landscape, buyers are increasingly reluctant to engage in large-scale acquisitions, a stark contrast to the eagerness seen just a few years ago. This shift in behavior is driven primarily by two key factors: the decline in revenue multiples and the increase in
Tech giant Oracle Corporation has announced a significant investment exceeding $6.5 billion to establish a new public cloud region in Malaysia. This strategic move is poised to reshape the Southeast Asian market by bolstering AI and cloud computing infrastructures. The initiative is not just about
Rochester, NY-based Cyrisma, a cybersecurity platform specializing in risk management for Managed Service Providers (MSPs), has successfully secured $7 million in Series A funding. The funding round, which was led by Blueprint Equity with additional contributions from SaaS Venture and Golden
The shift towards Cloud computing has revolutionized the IT landscape, with Software as a Service (SaaS) becoming a pivotal element of modern enterprise solutions. However, the rapid growth of SaaS adoption has brought with it complexities in cost management. Enter Financial Operations (FinOps): a
In a promising leap forward for the SaaS industry, Bitscale has successfully completed its maiden funding round, capturing significant financial support and setting the stage for transformative innovations. Bitscale, a startup founded in July by Sanket Goyal, Abhinay Kumar, and Yash Sharma, has
In a major milestone for French startup Phacet, the company recently secured €4 million in Seed round funding. Phacet, renowned for offering personalized AI solutions tailored specifically for small and medium-sized enterprises (SMEs), attracted the investment from 148 business angels and multiple i
