Daily Crunch: Banking app Current amps up its savings rate to 4.00% APY

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for January 13, 2022! Somehow it is already the close of Thursday, which is odd, as it was minutes ago Monday morning. Such is the pace […]

Exotel raises $40 million for its full-stack customer engagement platform

Exotel said on Tuesday it has raised $40 million in a financing round, just three months after securing $35 million in funding, as the Bangalore-based startup demonstrates growth for its full-stack customer engagement platform in emerging markets. Steadview Capital led the startup’s Series D round. Exotel, which counts Blume Ventures and IIFL Asset Management among its […]

AWS will buy a SaaS company, and other 2022 enterprise predictions

It’s always a sticky business predicting what’s going to happen in tech, because who knows what’s going on behind the scenes or what’s coming next. Would you have thought, for instance, that Salesforce would spend almost $28 billion to buy Slack at the end of 2020? Or that in 2021, Jeff Bezos would step back […]

3 views: Pay attention to these startup theses in 2022

In retrospect, the rise of software as a service (SaaS) is obvious. But for years, the idea that software would not only be hosted by providers instead of purchased by customers, and rented, instead of owned outright, was far from anyone’s mind. SaaS has cemented its place in the epicenter of startup and Big Tech […]

Five stories that shook up the enterprise in 2021

There is often a mistaken impression that covering the enterprise is kind of dull when compared to the consumer side of the house, but having followed the space for a couple of decades now, I can tell you that nothing could be further from the truth. For one thing, there’s big money in the enterprise, […]

How to be one of the ‘haves’ of SaaS

Sean Fanning Contributor Share on Twitter Sean Fanning is a vice president on OpenView’s Investment team. Before that, he led the firm’s Proactive Portfolio Management function and acted as director of corporate development, supporting the portfolio on inorganic and balance sheet related initiatives. The flow of capital in SaaS is becoming increasingly bifurcated. There are […]

Square’s Better.com name Block is Butter-y smooth

Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines. It’s Friday, which means the whole crew was aboard for this particular episode. We had Grace and Chris behind the scenes, and Mary Ann, Natasha, and Alex on the mics. And, frankly, we […]

4 analysts break down Bret Taylor’s pretty sweet week

For even a casual observer of the tech industry, it’s been a good week for Bret Taylor: He was named board chair at Twitter on Monday, and yesterday, he became the co-CEO and co-chair at a SaaS company called Salesforce. From outward appearances, Taylor seemed extraordinarily well positioned to influence what goes on at Twitter […]

Bret Taylor has been promoted to Salesforce co-CEO

There has been speculation for some time that Marc Benioff was ready to step back, perhaps take the same path as Jeff Bezos and move to chairman of the board. The scuttlebutt had it that Bret Taylor was in line for a promotion. Seems Benioff wasn’t ready to go out to pasture just yet, but […]