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Zylo, a SaaS management platform, raises $31.5M

TechCrunch

A separate report from from Vertice, a SaaS purchasing and spend management platform, found that SaaS pricing is growing 4x faster than market inflation; that customers are spending 53% more on licensing than they were five years ago; and that $1 in every $8 that organizations spend is now dedicated to SaaS.

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3 recruiting metrics that can help startups make more data-driven hiring decisions

TechCrunch

According to Harvard Business Review , the price of a bad hire is 30–50% of their salary, which can hit startup budgets hard in 2023. Сost per hire Cost per hire is one of the most essential business metrics, which must be included in a company’s profit and loss report. Second, tally up all expenses.

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Thoma Bravo agrees to acquire digital forensics firm Magnet Forensics for over $1B

TechCrunch

billion) to acquire Magnet Forensics, a Waterloo-based company making software used by defense forces and businesses to investigate cybersecurity threats. which will pay Magnet Forensics shareholders a 15% premium over Thursday’s closing price on the Toronto Stock Exchange. billion in 2028, according to a recent Imarc report.

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Kenya cracks down on digital lenders over data privacy issues

TechCrunch

Digital lenders that share personal data of loan defaulters, with third parties, risk license withdrawal in Kenya after lawmakers added a clause – granting the banking regulator the mandate to revoke permits of operators who breach customer confidentiality – to the new law passed by the country’s National Assembly. .

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How to Package and Price Embedded Analytics

Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.

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Daily Crunch: ‘Copy-from-China’ social media app Lemon8 squeezes its way into US top 10

TechCrunch

Going through the company’s pitch deck, the trio describe the business model that will take Anthropic there and the investors behind it. Not much Cruise-ing going on : Cruise recalls 300 robotaxis and is issuing a software update after crashing into a city bus, Kirsten reports.

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Avarni is building a comprehensive dataset to analyze supply chain emissions 

TechCrunch

Avarni automates much of the process and says it can cut down the amount of time spent on carbon reporting from months to minutes. Avarni’s platform aggregates supply chain and spending data into one comprehensive dataset, and it uses that and AI to help clients report and forecast their carbon footprint.