Noteable & Quateable: “Something that potential investors must understand: we do not chase revenue as theprimary driver of our business. Shopify has been about empowering merchants since itwas founded, and we have always prioritized long-term value over short-term revenueopportunities. We don’t see this changing.” Shopify Co-Founder, Tobias Lutke “The future of SaaS will be defined…
If you are interested in learning more about the SAAS industry or want to take a deep dive into the current state of the market, read through our Q2 SAAS Market Newsletter to learn more. Our update includes: Market Quotes & Insights Software Valuation Trends Recent Transactions Valuation & Growth Metrics Operating Statistics Balance…
BIRMINGHAM, AL (July 6, 2021) – Founders is pleased to announce that PSIGEN Software, Inc. (PSIGEN) has been acquired by Kofax, Inc. (Kofax), a leading supplier of Intelligent Automation software for digital workflow transformation and portfolio company of Thoma Bravo. PSIGEN’s document capture software – PSIcapture – and its content management software – PSIsafe –…
While the last several months have been a rollercoaster for everyone, there is a lot of encouraging news for SaaS entrepreneurs and investors that we highlight in our May 2021 SaaS Market Newsletter. Our update includes: Comments and insights from industry experts Software valuation trends Valuation multiples and recent transaction data Benchmark operating statistics We…
BIRMINGHAM, Ala. (Feb 1, 2021) – Founders Advisors is pleased to announce that SSP Innovations, a portfolio company of Warren Equity Partners, has acquired 3-GIS, LLC (“3-GIS”), a leading provider of fiber network management software focused on serving customers in the telecommunications industry. The transaction closed on December 23, 2020. Launched in 2006 by a…
BIRMINGHAM, Ala. (Jan 4, 2021) – Founders Advisors (“Founders”) is pleased to announce that SPS Commerce, Inc. (NASDAQ: SPSC) has acquired D Masons Software, LLC (“Data Masons”), a leading provider of cloud-hosted Electronic Data Interchange (“EDI”) software and related software services for the Microsoft community. SPS Commerce’s acquisition of Data Masons closed on December 17,…