CAST AI Raises $20M for AI-Driven Cloud Cost Optimization Platform
CAST AI, a startup based in Miami, Florida that offers intelligent cloud-native automation and cost management solutions, has secured $20 million in new funding. The funding round was led by Creandum, an early-stage venture capital firm, which invested $15 million. CAST AI’s existing investors also contributed an additional $5 million, indicating renewed interest in advanced…
Pankaj Singh
Zenhub Raises $10M to Expand Project Management Beyond Github Teams
Zenhub, a project management solution for software teams, has announced it raised $10 million in Series A funding led by Yaletown Partners, with support from BMO Capital Partners and existing investors BDC Capital. The funding will be used to expand the use of Zenhub’s platform beyond technical teams using GitHub. To support this, Zenhub has…
Significant Growth in SaaS Market by 2026 – Technavio Report
According to a recent market report by Technavio, the SaaS market is expected to experience significant growth, with an anticipated increase of USD 147.44 billion between 2022 and 2026. The market is forecasted to accelerate at a CAGR of 11.41% during this period. The report provides a comprehensive analysis of the SaaS market, including market…
Team SaaSToday
Indian B2B SaaS Companies are Twice as Capital Efficient as Their Global Counterparts – Report by EY & Upekkha
The Indian B2B SaaS companies are optimistic about its growth prospects for 2023, with 8 out of 10 CXOs targeting Annual Recurring Revenue (ARR) growth of over 50%. This bullish outlook is driven by the industry’s focus on building and scaling capital-efficient businesses, as revealed in a report titled “Bellwethers of Indian SaaS”. A recent…