Tag: SaaS

Equity Monday: What’s going on with $100M rounds?

Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Equity was busy last week, so catch up if you missed anything. We interviewed the CEO of Y Combinator, hosted a call with the TechCrunch staff digging into our favorite Demo Day companies,…

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Activist investor Starboard Value taking three Box board seats as involvement deepens

When activist investors Starboard Value took a 7.5% stake in Box last September, there was reasonable speculation that it would begin to try and push an agenda, as activist investors tend to do. While the firm has been quiet to this point, today Box announced that Starboard was adding three…

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Box’s Aaron Levie says it will take creativity and focus to get through this crisis

The COVID-19 virus is touching every aspect of our lives and having a profound impact on individuals, businesses and society at large. Box’s Aaron Levie has built a successful business from dorm room to IPO and beyond. He spoke to TechCrunch today about the level of creativity and focus that…

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Amazon, Apple and Microsoft CEOs detail their companies’ efforts to combat coronavirus pandemic

The tech industry is mobilizing its considerable resources to attempt to support efforts against the growing global coronavirus pandemic. Over the weekend, the CEOs of Amazon, Apple and Microsoft all shared updates regarding some aspects of their company’s ongoing contributions, which range from donations of medical supplies and personal protective…

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Slack adds 7k customers in 7 weeks amid remote-work boom, besting its preceding 2 results

Today, Slack, a popular internal chat application, announced that it added 7,000 new customers between February 1st and March 18. That is 47 days. For context, Slack added 5,000 customers total in its preceding quarter, making its recent customer adds impressive. Slack, like other companies whose products can help facilitate…

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Microsoft Teams jets to 44M DAUs, announces new features as remote work booms

Update: The information that TechCrunch received ahead of this particular embargo wound up being dated. We’ve updated the post to reflect the latest. We previously noted a 32 million DAU figure, but Microsoft saw a surge in the last week bringing the Teams figure to 44 million. It’s also worth…

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