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Trending now: <b>VoIP</b> Phone Systems Market: Business Size| Strategies| Opportunities| Future ...

Google News - VoIP - 2 hours 9 min ago
It offers detailed research and analysis of key aspects of the global VoIP Phone Systems market. The market analysts authoring this report have provided ...
Categories: VoIP News

Latest Update on <b>VoIP</b> Softphones Market Segmentation, Analysis by Recent Trends, Development ...

Google News - VoIP - 2 hours 9 min ago
Los Angeles, United States, July 2020: The report titled Global VoIP Softphones Market is one of the most comprehensive and important additions to ...
Categories: VoIP News

<b>VoIP</b> Providers Market Sales Research, Key Players, Industry Overview, Supply And Consumption ...

Google News - VoIP - 2 hours 43 min ago
The VoIP Provider Market Research Report offers a comprehensive study of market share, size, growth aspects and key players. In addition, the report ...
Categories: VoIP News

App Annie launches ad analytics product Ascend

Startup News - 3 hours 39 min ago

App Annie is building on last year’s acquisition of analytics company Libring with the launch of a new version of Libring, rebranded as App Annie Ascend.

CEO Ted Krantz told me that while Ascend will be sold to existing App Annie customers, the real hope is to reach “a dramatically different market” as App Annie moves beyond just providing app market data by offering advertising analytics as well — particularly for game publishers and other companies on the supply side of the ad industry.

Krantz argued that with mobile platforms and browsers adding more limitations to user tracking (most recently with Apple’s announcement that it will give users the ability to decline app ad tracking), “the room is going to get pretty dark” for advertisers — creating an opportunity for App Annie’s approach of combining broader market data with a publisher’s own first party data.

To achieve this, Ascend offers what Krantz said are “hundreds of connectors” to pull data from the different platforms like AdColony, Unity and Chartboost, allowing customers to see these data sets “side by side.” Krantz emphasized that this data is very much for the customer’s own use and will be “quarantined” from App Annie’s larger market data, at least initially.

“Over time, we have the ability to open that up [for] benchmarking data,” he said, adding that this approach is part of what makes Ascend unique: “You’ve got to have that benchmarking data from your peer group. Without the market data, you can’t be certain you’re making the right calls.”

Companies already using Ascend include Reddit and Jam City.

”Ascend takes away the burden of integrating, maintaining and constantly updating dozens of APIs, allowing us to focus on what matters: achieving our KPIs and improving our campaigns,” said Reddit’s director of marketing Spiros Christakopoulos in a statement. “
Thanks to the critical insights Ascend provides, via its well designed reporting tools, it has become an essential part of our marketing analytics infrastructure.”

App Annie acquires analytics firm Libring, bringing adtech-related insights to its platform

Categories: Business News

Impact of Covid-19 Global <b>VoIP</b> Equipments Market (2020 To 2027) | Polycom, Cisco, Toshiba ...

Google News - VoIP - 3 hours 50 min ago
The Coronavirus (COVID-19) pandemic has brought several changes in the VoIP Equipments market conditions and have also affected every aspect the ...
Categories: VoIP News

Network Lawful Interception Market Size Study and Regional Forecasts by 2026 |Voice over ...

Google News - VoIP - 4 hours 13 min ago
Network Lawful Interception Market Size Study and Regional Forecasts by 2026 |Voice over Internet Protocol (VoIP), Long-Term Evolution (LTE), ...
Categories: VoIP News

Global <b>VoIP</b> Softphones Market Expected to Reach Highest CAGR by 2025 : Nextiva, RingCentral ...

Google News - VoIP - 6 hours 50 min ago
This detailed and well synchronized research report about the VoIP Softphones market is the most significant, up-to-date, ready-to-refer research ...
Categories: VoIP News

<b>VoIP</b> (Voice over Internet Protocol) Market Competitive Landscape 2020 – 2027, COVID-19 Spread ...

Google News - VoIP - 7 hours 24 min ago
Global VoIP (Voice over Internet Protocol) Market prognosis 2020 provides advice to evaluate the future based demand and predicts the exact ...
Categories: VoIP News

Global Business <b>VoIP</b> Services Market 2025 Expected to reach HIghest CAGR : AT&amp;T, RingCentral ...

Google News - VoIP - 8 hours 31 min ago
This detailed and well synchronized research report about the Business VoIP Services market is the most significant, up-to-date, ready-to-refer ...
Categories: VoIP News

Research Report prospects the <b>VoIP</b> Services Market

Google News - VoIP - 8 hours 31 min ago
VoIP Services market reports deliver insight and expert analysis into key consumer trends and behaviour in marketplace, in addition to an overview of ...
Categories: VoIP News

<b>VoIP</b> Test Equipment Market Checkout The Unexpected Future 2020-2026

Google News - VoIP - 10 hours 1 min ago
A new business intelligence report released by HTF MI with title “2017-2025 World VoIP Test Equipment Market Research Report (by Product Type, ...
Categories: VoIP News

BigCommerce files to go public

Startup News - 11 hours 55 min ago

As expected, BigCommerce has filed to go public. The Austin, Texas, based e-commerce company raised over $200 million while private. The company’s IPO filing lists a $100 million placeholder figure for its IPO raise, giving us directional indication that this IPO will be in the lower, and not upper, nine-figure range.

BigCommerce, similar to public market darling Shopify, provides e-commerce services to merchants. Given how enamored public investors are with its Canadian rival, the timing of BigCommerce’s debut is utterly unsurprising and is prima facie intelligent.

Of course, we’ll know more when it prices. Today, however, the timing appears fortuitous.

The numbers

BigCommerce is a SaaS business, meaning that it sells a digital service for a recurring payment. For more on how it derives revenue from customers, head here. For our purposes what matters is that public investors will classify it along with a very popular — today’s trading notwithstanding — market segment.

Starting with broad strokes, here’s how the company performed in 2019 compared to 2018, and Q1 2020 in contrast to Q1 2019:

  • In 2019, BigCommerce’s revenue grew to $112.1 million, a gain of around 22% from its 2018 result of $91.9 million.
  • In Q1 2020, BigCommerce’s revenue grew to $33.2 million, up around 30% from its Q1 2019 result of $25.6 million.

BigCommerce didn’t grow too quickly in 2019, but its Q1 2020 expansion pace is much better. BigCommerce will file an S-1/A with more information in Q2 2020, we expect; it can’t go public without sharing more about its recent financial performance.

If the company’s revenue growth acceleration continues in the most recent period — bearing in mind that e-commerce as a segment has proven attractive to many businesses during the COVID-19 pandemic — BigCommerce’s IPO timing would appear even more intelligent than it did at first blush. Investors love growth acceleration.

What do investors bidding up tech shares know that the rest of us don’t?

Moving from revenue growth to revenue quality, BigCommerce’s Q1 2020 gross margins came in at 77.5%, a solid SaaS result. In Q1 2019 its gross margin was 76.8%, a slightly worse figure. Still, improving gross margins are popular as they indicate that future cash flows will grow at a faster clip than revenues, all else held equal.

In 2018 BigCommerce lost $38.9 million on a GAAP basis. Its net loss expanded modestly to $42.6 million in 2020, a larger dollar figure in gross terms, but a slimmer percent of its yearly top line. You can read those results however you’d like. In Q1 2020, however, things got better, as the company’s GAAP net loss fell to $4 million from its year-ago Q1 result of $10.5 million.

The BigCommerce big commerce business is growing more slowly than I had anticipated, but its overall operational health is better than I expected.

A few other notes, before we tear deeper into its S-1 filing tomorrow morning. BigCommerce’s adjusted EBITDA, a metric that gives a distorted, partial view of a company’s profitability, improved along similar lines to its net income, falling from -$9.2 million in Q1 2019 to -$5.7 million in Q1 2020.

The company’s cash flow is, akin to its adjusted EBITDA, worse than its net loss figures would have you guess. BigCommerce’s operating activities consumed $10 million in Q1 2020, an improvement from its Q1 2019 operating cash burn of $11.1 million.

The company is further in debt than many SaaS companies, but not so far as to be a problem. BigCommerce’s long-term debt, net of its current portion, was just over $69 million at the end of Q1 2020. It’s not a nice figure, per se, but it is one small enough that a good IPO haul could sharply reduce while still providing good amounts of working capital for the business.

Investors listed in its IPO document include Revolution, General Catalyst, GGV Capital, and SoftBank.

High-flying IPOs for Lemonade and Accolade may encourage other unicorns to go public

Categories: Business News

Mighty Health created a wellness app with older adults top of mind

Startup News - 13 hours 43 min ago

Virtual classes might make it easier to work out anywhere, anytime, but not for anyone. Mainstream fitness tech often targets the young and fit, in advertisements and cardio-heavy exercises. It effectively excludes aging adults from participating.

This gap between mainstream fitness and elders is where Mighty Health, a Y Combinator graduate, comes in.

Mighty Health has created a nutrition and fitness wellness app that is tailored to older adults who might have achy hips or joint problems. Today, the San Francisco-based startup has announced it raised $2.8 million in funding by Y Combinator, NextView Ventures, RRE Ventures, Liquid2 Ventures, Soma Capital and more.

Founder and CEO James Li is the child of immigrants, a detail he says helped him lean into entrepreneurship. He had the idea for Mighty Health after his father was rushed to the hospital for emergency open-heart surgery.

“Growing up, we can often think of our parents as invincible — they look after you and take care of you, and you usually don’t worry too much about them,” Li said. His dad survived the surgery, and Li thought about the evolving health needs and limitations of folks over 50 years old. He teamed up with co-founder Dr. Bernard Chang, the youngest-ever ED doctor to receive a top-tier NIH grant and the vice chair of research at Columbia University Medical Center, to create Mighty Health.

Mighty Health’s product is focused on three things: live coaching; content focused on nutrition, preventative checkups and workouts; and celebrations that let family members tune into their loved ones’ achievements.

The app has inclusivity built into its functionality. Everyday, a user logs in and gets a set of three to five tasks to complete, distributed among nutrition, exercise and workouts. The workouts are pre-recorded videos with trainers that have focused on the over-50 population. Think indoor cardio sets focused on being kinder to joints or lower her impacts.

Image Credits: Mighty Health

One customer, Elizabeth, is a 56-year-old mother who joined Mighty Health after suffering a cardiac incident. The app got her to start walking 9,000 steps a day, lose weigh, lower cholesterol and, best of all, discover a love for a vegetable she had recently written off: brussels sprouts.

Mighty Health’s other core focus, beyond fitness, is nutrition. The app pairs users with a coach to help them create healthy habits around nutrition and lifestyle. The coaching is done through text message. Li says this was intentional because in the early days of Mighty Health, he saw that coaching in-app was difficult for users to navigate.

Image Credits: Mighty Health

“You have to meet them in the middle where they are,” Li said. The live coaching is also met with phone calls, although 90% of coach interactions are text-message based.

The nutrition program also accounts for a diverse user base. Mighty Health chose not to offer or push recipes upon members, unlike a lot of other applications, because all countries and cultures might not find generic recipes accessible.

“Instead, we focus on the ingredient level,” he said. “We send them ingredients that they can piece together however they like at home in the way that they cook their cultural meals.”

The company offers a free seven-day trail, followed by a membership fee of $20 per month. It’s also having discussions with a number of health insurers to offer Mighty Health as a benefit.

With the new capital, the startup hired a few engineers and a designer to build out product integrations with fitness trackers, plus add new content. For now, Li sees his father’s progress with pride.

“Though I’m sure he sometimes thinks I just went from nagging him directly to nagging him through my product, he’s been eating healthier and exercising nearly every day,” Li said. So far, his father has lost 25 pounds.

Categories: Business News

Former Tinder VP Jeff Morris Jr. opens up Product Club, an accelerator meant to stay small and focused

Startup News - 14 hours 8 min ago

Startup accelerators tend to grow the size of each new class over time, as more of their portfolio companies find exits, their network of mentors expands and they find new ways to scale things up. The most recognized example of this is almost certainly Y Combinator, which started with a group of just eight companies in 2005 and has since grown to over 150 companies per recent batch.

VC and former Tinder VP Jeff Morris Jr. is taking a different approach with his new accelerator, Product Club: start small and stay small.

The first Product Club batch will be made up of just three companies. While Morris tells me this might grow a bit over time, he doesn’t see it expanding drastically. “I imagine it being up to 10,” he says. “But no more.”

“I’ve spoken to a lot of people who’ve built accelerators and have said ‘There’s no way you’ll find a winner with class sizes that small,’ ” Morris tells me. “But I’m kind of okay with that if it means we can be more hands-on.”

Product Club will invest $100,000 in each company, taking 5% equity in return. In addition to investment, the program will provide one-on-one mentorship with a different mentor each week, with each session “100% focused on product development.”

Though new, Product Club has already built up a pretty notable roster of mentors, including:

  • Danny Trinh (head of Design at Zenly)
  • Merci Victoria Grace (investor at Lightspeed, formerly head of Growth at Slack)
  • Scott Belsky (founder of Behance, CPO at Adobe)
  • Sriram Krishnan (investor, formerly led consumer product teams at Twitter)
  • Manik Gupta (investor, former Chief Product Officer at Uber)
  • Brian Norgard (investor, former CPO at Tinder)
  • Jules Walter (product monetization at Slack, co-founder of the BlackPM network)
  • Josh Elman (board partner at Greylock, investor, former VP of Product at Robinhood)

They’ve also partnered with a handful of product designers who will provide hands-on help to the companies on things like branding and UX.

Morris tells me that he intends for Product Club to be a good bit more transparent than other accelerators traditionally have been. Rather than keeping things largely under wraps until Demo Day, he says, they’re “just going to tell everybody from the start who’s in each batch,” with the intent of doing things like founder office hours with users, with product development and changes happening mostly out in the open “almost like a change log.” They’ll have a Demo Day for investors, but it’ll be more of an overview and less of a reveal.

Product Club will operate as part of Chapter One, the early-stage seed fund that Morris founded in 2017. Prior to becoming an investor, Morris led the revenue team at Tinder, where he built things like Tinder Gold — the dating app’s subscription tier that lets you see who “liked” you without you first having to swipe. He was also the director of Product Growth at Lambda School for a few months prior to parting ways with the company to focus on investing full time.

The program’s first session (the Summer 2020 batch) is scheduled to start on August 3, running for a total of 10 weeks. They’re accepting applications immediately, with the deadline to apply currently set for July 19. The program will be entirely remote, so applications are open globally.

Categories: Business News

SaaS and cloud stocks finally give back ground

Startup News - 14 hours 31 min ago

After a heated run, SaaS and cloud stocks dipped sharply during regular trading on Monday.

According to the category-tracking Bessemer cloud index, public SaaS and cloud stocks dropped around 6.5% today, a material blow to the value of some of the world’s most highly valued companies, measured by sector-averaged revenue multiples.

After recovering all their COVID-19-related losses earlier this year, SaaS and cloud stocks kept on rising, reaching new all-time highs with regularity. But earnings season is starting, meaning that the value of modern software and digital infrastructure companies will soon be tested against Q2 results — results that were recorded fully during the global pandemic.

To hear bulls — both private and public — tell the story, COVID-19 and its ensuing workplace disruptions have provided software companies with a huge boon. Namely, that customers current and future have radically changed their procurement models and will need more software solutions, more quickly, than they previously anticipated. (Stay tuned to The Exchange for more on this later in the week.)

The thought that there are more and better customers coming for SaaS and cloud companies made them relative safe havens in otherwise turbulent public markets; while other industries had uncertain demand curves, the thinking went, software companies were being pushed forward by an accelerating secular shift.

Today, however, the broader markets slipped from early-day positions of strength while SaaS and cloud shares dropped sharply. Prior patterns in investor behavior didn’t hold up, in other words.

What do investors bidding up tech shares know that the rest of us don’t?

Why today brought such sharp selling is not clear. No more, really, than reasons for prior days’ gains were clear at the time. Profit taking? Rotation to other sectors? Whatever you want to ascribe to the day’s declines you can make stick.

For our purposes here at TechCrunch, the dropping share prices of public software companies serves as an anti-signal for late-stage valuations in SaaS startups, and a general headwind toward venture investors making more early-stage bets in the sector. Of course, one day doesn’t change the game. But several days of sharp losses could begin to change sentiment, and days when shares of modern software companies drop by 6% are few and far between.

Earnings are next, but for many companies in the SaaS and cloud world, reporting their results just got easier. When expectations drop, everyone loses a bit of worry, right?

Categories: Business News

(2020-2026) Cloud Private Branch Exchange(PBX) Software Market Analysts Expect Robust ...

Google News - VoIP - 16 hours 13 min ago
... 3CX, Digium, Mitel Networks, CloudTalk, Monster VoIP, Junction Networks, AVOXI, IPFone, Fonvirtual, Magna5, MYVOIPAPP, IP Communications, ...
Categories: VoIP News

FlexJobs CEO Sara Sutton on what newly remote companies tend to get right and wrong

Startup News - 16 hours 37 min ago

Over the last few months, just about any tech company that can go remote has gone remote.

Are companies adopting remote for the long haul, or is it just a holdover until they can get people back in the office? What are newly remote companies getting wrong or right in the transition? If a company is going to be sticking with a remote workforce, what can they do to make their roles more enticing and to build a better culture?

FlexJobs CEO Sara Sutton has been thinking about remote work for longer than most. She founded FlexJobs in 2007 — at a time when she herself was looking for a more flexible job — as a platform tailored specifically for jobs that didn’t keep you in an office all day. In 2015 she also founded Remote.co, a knowledge base for remote companies and employees to share the lessons they’ve learned along the way.

I recently got a chance to chat with Sara about her views and insights on remote work. Here’s the transcript of our chat, lightly edited for brevity and clarity.

Categories: Business News

Corona Impact on <b>VoIP</b> Test Equipment Market – By Current Industry Status, Growth Opportunities ...

Google News - VoIP - 17 hours 54 min ago
It offers detailed research and analysis of key aspects of the global VoIP Test Equipment market. The market analysts authoring this report have provided ...
Categories: VoIP News

Flourishing Demand of Business <b>VOIP</b> Market to Witness Astonishing Growth by 2026 | AT&amp;T ...

Google News - VoIP - 18 hours 5 min ago
Business VOIP Market report focused on the comprehensive analysis of current and future prospects of the Business VOIP industry. This report is a ...
Categories: VoIP News

Get a free annual Extra Crunch membership when you register for Early Stage 2020

Startup News - 18 hours 41 min ago

We’re a few days away from kicking off TC Early Stage 2020. Join us on July 21-22 for a two-day online masterclass designed to help early-stage startup founders build their business and keep moving forward.

Bonus: Buy your ticket now and you’ll get a free annual membership to Extra Crunch, our subscription program focused on startups, founders and investors with more than 100 exclusive articles published per month. Read how-tos, weekly investor surveys, IPO analysis and in-depth interviews with experts on fundraising, growth, monetization and other core startup topics.

Here’s what you can expect from TC Early Stage. More than 50 experts across the startup ecosystem will lead interactive workshops focused on essential topics and skills that all pre-seed through Series A founders need to know.

We’re talking everything from effective fundraising, how to scale and marketing tactics that help you stand out from the herd to the nuts-and-bolts of tech stack security, smart hiring and the ins-and-outs of structuring term sheets.

Need an example or two? Here’s a taste.

How to avoid 1,000 landmines: When you’re starting your company, there are thousands of small, avoidable mistakes that can turn success into failure. Learn how to navigate around those and maximize your chance of success with key learnings from Garry Tan, founder and managing partner at Initialized Capital.

Hiring your early engineers: The first few employees determine a startup’s trajectory. Learn the dos and don’ts of hiring your early engineers from entrepreneur and investor Ali Partovi. And hear how these hiring decisions can determine not only the type of culture you build for your employees, but also the overall success of your company.

Check out the event agenda here to see all the sessions and the gurus who will show you the way.

Make haste because some sessions are already filled. We’re limiting capacity to keep the workshops smaller so you can get the most out of your experience. Good news: All pass holders will have exclusive video access to all the sessions after the event ends. No FOMO for you.

Buy your Early Stage pass, score a free annual membership to Extra Crunch and dive into a business-building masterclass designed just for you.

If you are already an existing annual or two-year Extra Crunch member and have not yet bought a ticket to Early Stage, you can reach out to extracrunch@techcrunch.com to request a 20% off discount. If you are an annual or two-year member and purchased an Early Stage ticket without the 20% off discount, we’re happy to extend the length of your existing membership by 6 months for free by contacting extracrunch@techcrunch.com.

Alternately, if you are an existing monthly Extra Crunch member, we’re happy to extend the length of your membership by a year for free; however, you won’t be able to claim the 20% off for an event ticket for Early Stage. You will be eligible for the 20% off event tickets for Disrupt and other future TechCrunch events. Please contact extracrunch@techcrunch.com if you are an existing monthly customer and want to take advantage of the membership extension.

Categories: Business News

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