SAAS

BigCommerce Holdings Inc (NASDAQ: BIGC) shares skyrocketed on the first day of trading at Nasdaq Stock Market on Wednesday. What Happened The Austin, Texas-based company’s shares opened at $68, and soared as much as 292% to $93.99 in intraday trading, on its debut. Trading had...

SmartHop​, a tech startup that helps small trucking companies grow their businesses, on Tuesday announced that it has closed a $4.5 million seed round led by Equal Ventures, a seed-stage venture fund based in New York. Additional investors in the round include Greycroft and Las Olas VC.  Smarthop...

Anaplan Inc (NYSE: PLAN), a cloud-based planning software company, is an underappreciated stock in a difficult market, according to Deutsche Bank.  The Anaplan Analyst Taylor McGinnis initiated coverage of Anaplan with a Buy rating and $50 price target.  The Anaplan Thesis...

The digital revolution hit the logistics industry hard and fast a few years ago, and companies have to work harder than ever to differentiate their offerings from all the other tools and applications flooding the market. One way to do that is capitalizing on existing products by adding features...

SaaS Capital, a provider of growth-oriented capital for B2B SaaS companies, announced that one of its portfolio companies, Pacejet, has been acquired by 3Gtms. Pacejet is a cloud-based shipping software provider. The company's software is designed to automate the shipping process and procure the...

Multiple Wall Street analysts on Monday initiated coverage of Bill.com Holdings Inc (NYSE: BILL), a provider of automated payment solutions for small-and-medium size businesses. First Mover Advantage Bill enjoys a first-mover advantage in the SMB back-office financial automation category and it...

Redwood Logistics, a logistics technology company providing software-as-a-service (SaaS) solutions, has unveiled its flagship Redwood Connect 2.0 solution that helps supply chain businesses build their own data supply chains such that they can streamline their operations, leverage their data,...

Trakopolis, a Canadian software-as-a-service provider specializing in tracking and analytics, replaced its CEO as the company pursues restructuring. The Calgary firm, which also re-sells KeepTruckin fleet management and electronic logging devices (ELDs) in Canada, said on Nov. 14 that CEO Brent...

SaaS life cycles, blitzscaling, Amazon's earnings, and more Craig and Jon talk Amazon's earnings and their accelerated transportation costs, e-commerce and the importance of UX, the life cycle of SaaS and creating relationships at the point of sell, blitzscaling, plus warehouse strategy and the...

Cybersecurity company FireEye Inc (NASDAQ: FEYE) reported third-quarter results, which came in better than management's own guidance but received mixed reception from Street analysts. The Analysts Raymond James analyst Michael Turits maintains a Market Perform rating on FireEye's stock....

Cloud computing stocks, particularly those with direct Software-as-a-Service (SaaS) exposure, were hot until investors started recently cooling on frothy valuations in the group. The SaaS slump has plagued software exchange traded funds, including the Global X Cloud Computing ETF (NASDAQ: CLOU)....

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Benzinga is highlighting nominees for the fifth annual Benzinga Global Fintech Awards ahead of the event Nov. 19 in New York City. One nominee is Global Debt Registry (GDR), a SaaS fintech for the structured credit market. Background Founded in 2005, the U.S.-based fintech GDR leverages a SOC1...

Slack Technologies Inc (NYSE: WORK) boasts a best-in-class product, but the competitive environment will likely limit Slack's pricing power and expansion opportunities, according to Mizuho. The Analyst Mizuho Securities analyst Gregg Moskowitz initiated coverage of Slack with a Neutral rating...

Benzinga's Fintech Focus Podcast features conversations with the biggest names in fintech. Subscribe to the Fintech Focus newsletter to get a roundup of industry news delivered to your inbox weekly, and check out upcoming programming at Benzinga events. In this episode of...