Consumption

enterprise tech funding deal table, people shaking hands
hsv2009

Enterprise Tech Funding No Sign of Slowing < Work-Bench

This week, NY Venture capital company work-bench published its State of NYC enterprise tech funding. Surprisingly, this quarter surpassed the first quarter of 2020. Moreover, it set a record for best quarter since work-bench began tracking in 2014. This goes to show VCs are confident tech will bounce back from the financial setbacks due to coronavirus.

Earlier this year, towards the start of the COVID-19 Quarantine, I wrote about the #SafeAtHome to Slow the Spread’s impact on SaaS. As TechCrunch points out, some startups have taken this time to sharpen their teams, product, and pitches. Clearly, business to business (B2B) software is trending. Perhaps VCs consider it more trustworthy. This can be attributed to VCs funding enterprise tech over consumer based services until there are:

  • rebounds in consumer confidence
  • increases in consumer buying power
  • better therapeutics and a vaccine

In that sense, VCs are acting just like everyone else waiting the pandemic out. Whether you currently are at a B2B SaaS company, or reading this inspires you to start one, here is a link to an interesting event next week:

We’re hosting a free digital summit with 20+ hours of content, 2 tracks, 30 speakers designed to provide high-impact and measurable value to companies selling to the enterprise.

Please click on the image above to get your Digital pass, and the SaaStr Team will confirm registration.

SaaStr Team

Stay healthy and stream on!

Henry Villadiego

So Long, and thanks for all the Flash < Tools  | Adobe

For the past five years (or more), pundits have been heralding, some going as far as declaring the end of Flash media player, an undisputed pioneer in the web player landscape.  Well, the day, or at least the announcement of a day, has finally arrived.

in collaboration with several of our technology partners – including Apple, Facebook, Google, Microsoft and Mozilla – Adobe is planning to end-of-life Flash. Specifically, we will stop updating and distributing the Flash Player at the end of 2020 and encourage content creators to migrate any existing Flash content to these new open formats.

Source: Flash & The Future of Interactive Content | Adobe

Thank you Flash player, without you we would never have been able to View On.