The management of the enterprise is like the way of human survival. It is a process of slowly summing up the experience into an experience and then extracting the rules from the experience.

Since the 21st century, the continuous development of Internet technology and cloud technology has made us have new requirements for the convenience and intelligence of software.

A set of intelligent processes that can be referenced and executed automatically is the ultimate ideal for every business.

From the earliest experience management company, to the SOP, Then, by the network, the SOP is moved into the cloud and turned into SaaS (software as a service), and gradually evolved into a process that can be executed by AI.

SaaS:Unprecedented hot

00 years, Oracle’s youngest vice president Marc Benioff founded Salesforce, shouting “No software” slogan, thus opening the historical journey of SaaS.

For 10 years, the concept of cloud computing has enabled SaaS to move from a small number of early adopters to the public, and modern enterprises have also realized the transformation from informationization to Internetization. SaaS has gradually replaced traditional software and has become a new industry trend.

Enterprise services can’t grow as fast as the consumer Internet, but retention and billing rates are very high.

Data shows that in the first quarter of this year, only the enterprise SaaS market generated $23 billion in revenue.amount. MarketWatch predicts that the SaaS industry will reach $117 billion in 2022 and penetrate multiple vertical sectors.

Last year, 17 SaaS companies were listed in the US Raised $5.2 billion, equivalent to the total fundraising of SaaS in the secondary market in 2014-2017.

Has only half of the past 19 years, there are Zoom,Slack and CrowdStrikeThe three software companies are listed, valuation is higher than tens of billions of dollars, bringing dozens of VCs to invest in them The return of billion dollars.

Rescale: Supercomputing AWS

Speaking of software applications, most people may first think of big data computing applications. Rescale, which was founded in 2011, is such a to bring high performance computing to the cloud startup company.

Rescale’s two founders, Joris Poort and Adam McKenzie, worked at Boeing and developed a simulation platform that greatly reduced weight and shortened the weight of the Boeing Dream 787 aircraft wing. The month-long development cycle did not say that it saved $180 million.

Rescale takes the meaning of “scale upgrade” Enterprise organizations provide cloud-based simulation calculations. Its solutions enable engineers, scientists, aviation personnel, software developers, technicians, and more to perform super-precision calculations to help them design new products and adjust applications more quickly and easily.

Rescale’s biggest selling point is its superior service integration capabilities, supportMore than 350 high performance computing applications.

Unlike traditional high-performance computing providers such as IBM that require manual monitoring and optimization solutions, Rescale does not have to worry about complicated setup tasks with less effort and more with less.

Rescale received $32 million in Series B financing in July last year, led by Initialized Capital, Keen Venture Partners and SineWave Ventures, with a total financing of $52 million.

The number of investors behind Rescale is super enviable compared to the number.

Rescale Super Luxury Investor Lineup

There are not only YC head Sam Altman, YC godfather Paul Graham, a16z head Chris Dixon, Silicon Valley famous angel investor Ron Conway, Guo Wei, but also Amazon CEO Jeff Bezos and rich man Richard Branson. Support from the general public.

Checkr: FBI for employee backs

With the development of the on-demand economy, there are many strangers in our lives who have only one side:
  Uber driver, takeaway brother…
  Can’t help but want to be careful:
  Can you really believe them?

The Background Security Research Service Checker, established in 2014, has acted as a gatekeeper.

Founders Yanisse and Jonathan were working on the crowdsourcing company Deliv to make them aware
  Safety risks behind part-time employee economy
  Checker was established to comprehensively innovate the background investigation system.

Checkr initially relied on on-demand travel companies such as Uber and Lyft and take-away companies such as Grubhub.

But Checkr has now expanded its clients to headhunting company Adecco, insurance company Allstate, retailer Hot Topic, etc.More than 10,000 customers .

Just last month, Checkr announced $160 million in financing, including T. Rowe Price, Mary Meeker’s Bond Capital and Coatue Management.

Checkr has so far raised $310 million,valued $2.2 billion, which is enough for 2016 Forbes forecast to become the next The valuation of the beast was doubled.
  Founder Yanisse said that this round of funds will be used to expand the international market
  .

Ironclad: Contract Automation

On saving manpower, you have to mention the just-completed $50 million Series C financingDigital Contract Automation Management Systems Inc. Ironclad.

The round was led by Y Combinator Continuity, and agencies such as Emergence Capital, Sequoia Capital, and Accel participated in the round.
  These three organizations are Facebook, Airbnb, and early investors in Salesforce
  Full confidence in Ironclad products.
 

Ironclad founder Jason Boehmig Few people are conquering, but have $60 billion potential legal contract software services market, for most companies to outsource legal services, but expensive and cumbersome problems, using Ironclad intelligent software system to provide a dose Perfect antidote.

Ironclad’s star product is Workflow Designer, a tool that allows legal teams to customize workflows based on their business processes and adjust contract and contract policies at any time, like most SaaS software. Similarly, Workflow Designer also provides data support and solutions to play with big data.

Rippling: Integrated recruiting system

In addition to legal affairs, HR is indispensable in every company. In the past, every time a new person was recruited, HR and employees had to go through a complicated and lengthy process to get on the job.

Rippling, released last May, is dedicated to creating a integrated employment management system that uses information technology and identity technology to complete registration emails, salary benefits, etc. Staff-related tasks can be linked to multiple software such as Slack, G Suite and Salesforce to streamline office steps.

Rippling founder Parker Conrad was another HR software The co-founder and CEO of the company Zenefits, after 16 years of disagreement due to strategic issues, quickly established Rippling after leaving the company.

Conrad means Rippling
  Great advantage in consulting and providing solutions
  I hope that Rippling will change the whole industry like his name.

Rippling completed a $4.5 million Series A round of financing in April this year, valued at $270 million. By KleIner Perkins led the investment, and other investors include Initialized Capital, Threshold Ventures (formerly DFJ) and Y Combinator.

It’s worth mentioning that Kleiner Perkins partner of the refereeMamoon Hamid is a veteran of SaaS investment, he even invented most of it for SaaS The judgment criteria of the company’s valuation.

SaaS:Chinese business services are available in the future

Why is SaaS company more and more valuable?

First of all, it saves time and effort. In addition to the simple steps of installing software, companies do not need to make additional investments in hardware and manpower, and the software can be automatically subscribed to upgrades at no additional cost.

Besides, SaaS brings more to the company.
  Improve the core competencies brought about by the supply chain
  SaaS can connect the various processes of the supply chain, and adopt a unified system to make data transfer simple, fast and stable information communication, accurately convey user requirements, and minimize the invalid cost.

It’s worth mentioning that the above SaaS companies Rescale, Checkr, Ironclad and Rippling
  There is support for the same investment institution Uphonest Capital
  It was founded by the famous Silicon Valley angel investor Guo Wei.

At present, SaaS is mainly divided into three camps in the United States:
 

One is a traditional enterprise software vendor like Microsoft, Oracle and IBM, who have a large number of software consumers who can easily convert to SaaS products.