Before diving into the news, a reminder that Disrupt is next week. So make sure you have a ticket and get the hype. More here. It’s gonna be a hell of a show.
TechCrunch’s Top 3+
- The Apple-Epic War is far from over: While the Internet digests the recent controversial decision between Apple and the gaming giant Epic, the latter party is not giving up on the decision. Epic is attractive. The stake is the monetization of mobile applications for the years to come. Considering the amount of money at stake, it’s no surprise that legal wrangling takes time.
- Welcome to IPO season: Toast, a software and hardware startup that is Boston’s Toast, is aiming for huge capital gain when it goes public. Freshworks too. We are tracking both companies and will have more ratings as they get closer to trading. Expect many more offers in the coming weeks.
- China’s regulatory crackdown could hurt its cloud market: This is the recent summary of a report TechCrunch covered, discussing China’s largest software market. News was also announced earlier today that the Chinese government may dismantle Ant, the financial subsidiary of Alibaba, and that the country wants to reduce the number of electric vehicle companies that its market currently supports.
- BREAKING NEWS TODAY: Apple released a fix for a zero-day vulnerability “It affects all iPhone, iPad, Mac, and Apple Watch,” TechCrunch reports. Update your devices, friends.
Startups / VC
- GrubMarket Raises $ 120 Million to Connect Food Producers and Consumers: Of course, you ordered the food delivery. It is a board of the food game. But for distributors, wholesalers, and supermarkets, serving needs are far greater than what you and I can eat for dinner. This is the market that GrubMarket plays in, and it has just raised a huge block of money to maintain its growth rates.
- BitSight raises from Moody’s and buys VisibleRisk: BitSight, a startup that “assesses the likelihood that an organization will be violated,” according to TechCrunch, purchased an Israeli cyber-risk assessment startup VisibleRisk for an undisclosed price. Moody’s round invested $ 250 million in BitSight, funds we assume it used to hook VisibleRisk. What is the link ? We believe Moody’s wants to use cyber risks in its credit ratings.
- SpotOn is also raising and buying a smaller company: Unicorn SpotOn, which provides financial technology and software to small businesses, has raised a $ 300 million round that values the company at $ 3.15 billion. It also purchases Appetize, “a digital and mobile commerce payment platform for businesses such as sports and entertainment venues, theme parks and zoos.” The ride is notable not only for its size, but also because SpotOn reached a valuation of $ 1.875 billion in May and a valuation of $ 625 million last year.
- JumpCloud raises $ 159 million: JumpCloud sells cloud directory services and a host of other cloud-based identity services. It is now worth $ 2.56 billion, a nice sum. Jai Das of Sapphire Ventures led the round. He’s a nice guy in my experience. The company has grown its customer base by around 40% since last November. I asked the author of the story Ron Miller Why JumpCloud was cool enough that he could cover. He said the company’s efforts to “provide a range of identity services, such as single sign-on and multi-factor authentication” are important.
- I guess it’s time to learn what DevSevOps is: Each technology wants its own neologism. DevOps. Adtech. Finservices. Hell, even Databricks’ Lakehouse. Add DevSecOps to your personal lexicon. According to our own Ingrid Lunden, DevSecOps is “the area of IT that meets the needs of security teams and the technical work they have to do in their jobs.” Startup Rezilion just raised $ 30 million for its efforts to serve this particular market.
- Everyone loves to play on an ecommerce platform: Shopify is big. BigCommerce is doing well. And investors want to invest capital in the next similar endeavor. Enter Egyptian startup Capiter, which just landed a $ 33 million round to “help manufacturers and sellers distribute products and [ … ] access it on a single platform ”in Africa.
- To close our startup coverage, GM has just invested in radar software startup Oculi. This move fits perfectly with the trend for self-driving cars to get better over time, even if they haven’t yet. the, If you want.
3 keys to pricing SaaS products at an early stage
Every founder who starts a business software startup needs to find the “right” pricing model for their products.
It’s a big decision: Per seat licenses are easy to manage, but what if customers prefer a concurrent licensing model?
“Early discussions about pricing should focus on the buyer’s perspective and the value the product creates for them,” says Yousuf Khan, partner at Ridge Ventures, who previously worked as an CIO.
“Of course,” he notes, “self-assessment is difficult, especially when you’re asking someone else to pay you for something you’ve created.”
(Extra Crunch is our membership program, which helps founders and startup teams move forward. You can register here.)
Big Tech Inc.
Today, let’s start our short section on Big Tech, pick up on the automotive theme from GM news that we discussed above. Ford also made headlines today by hiring Mike Amend to be its chief digital and information officer. That it should come as no surprise that Ford is making such a lease is a good indication of where the auto market is heading.
- Instagram thinks you’re following too many people: This is my reading of the social service’s efforts to create a product in its service that will allow users to create favorite accounts and thus not miss their updates. Algorithmic timeline issues, I guess.
- Dutch judge makes Uber sad: Of course, this is a slightly subjective summary, but the news that a Dutch judge has ruled that Uber drivers are in fact employees is against the position of the rideshare company. So it can’t be happy. And what is the opposite of happy?
TechCrunch Experts: Growth Marketing
Are you all familiar with last week’s growth marketing coverage? Otherwise, read it here.
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Join Danny Crichton on Twitter spaces tomorrow, Tuesday, Sept. 14 at 2:00 p.m. PDT / 5:00 p.m. EDT as he discusses whether remote work will make H-1B visas redundant with Sophie alcorne, lawyer at Alcorn Immigration Law and guest columnist for “Dear Sophie” on Extra Crunch.