Tag: Scaleworks

Scaleworks SaaS Company Keen Names Ben Kuhn as CEO
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Scaleworks SaaS Company Keen Names Ben Kuhn as CEO

One software as a service (SaaS) company in Scaleworks' portfolio has been steadily growing over the past year without an officially named chief executive officer (CEO) at its helm. Keen changed that Thursday in promoting Ben Kuhn as its new CEO. Keen offers data analytics tools to help software developers build their own analytics products.  The company built an application programming interface or API  platform that lets developers collect and study user data at a massive scale. Co-founders Daniel Kador, Kyle Wild, and Ryan Spraetz launched the startup (then called Keen.io) in 2011. Kyle Wild was Keen's CEO until Scaleworks acquired the San Francisco-area tech startup in December 2017. Scaleworks is a hybrid investment firm that mixes private equity and venture capital to acquire a...
Chargify Grows As SaaS Companies Need More Flexible Billing
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Chargify Grows As SaaS Companies Need More Flexible Billing

Consumers like fixed pricing and an easy payment process when it’s time to spend money on recurring purchases. That explains why the subscription model of billing for services has exploded over the past decade. Starting in the business-to-business (B2B) software to consumer services, subscription billing has become the business model for products and services from shaving supplies to online streaming video and more. Benefits for companies using the subscription billing model include better customer retention, higher lifetime value from customers, and more predictable revenues. Customized subscription billing can get complicated pretty quickly, however. Get it wrong, and a bad customer experience could mean lost clients and revenue. That’s where Chargify comes in as a leader in the su...
Scaleworks Company Chargify Debuts New Subscription Billing Service
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Scaleworks Company Chargify Debuts New Subscription Billing Service

The payment management service company Chargify has launched a new tool for billing management.  Called WhoPays, Chargify developed this to address a common pain point for subscription-based businesses looking to manage subscriber payments on an enterprise level. "Chargify was born to solve our own pains and the market's pains," Chargify CEO Tom Rotem wrote in his company blog post. "Almost a decade later, we have helped thousands of businesses manage over 20 million subscriptions and collect over $3 billion in recurring revenue." The San Antonio-based Scaleworks portfolio company specializes in selling its online billing software. Tom Rotem joined the startup as CEO in September and has been busy implementing this new service to address the shift in how customers pay for subscription se...
Filestack Builds Enterprise Platform with Acquisition of TINT
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Filestack Builds Enterprise Platform with Acquisition of TINT

Filestack announced Tuesday it acquired TINT, a user-generated content platform, for an undisclosed amount. TINT is a social media marketing platform that connects brands and customers into one social hub. Their social media content display tool helps businesses find and curate user-generated content to drive a high level of engagement with their customers. Filestack was founded in 2012 by MIT graduates and acquired in late 2015 by Scaleworks, a San Antonio-based venture equity fund that acquires and operates business-to-business (B2B) software-as-a-service (SaaS) companies. The startup’s file hosting and management service helps about 100,000 app developers manage the flow of user-uploaded online content, such as images, videos, and other files. The University of Southern California...
Scaleworks Company Assembla Acquires MyGet
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Scaleworks Company Assembla Acquires MyGet

Companies of all sizes in every industry have come to rely upon open source code—even commercial software is built typically on blocks of it. While it saves software developers time, open source code can contain vulnerabilities or proprietary software code, posing potential cybersecurity or legal liabilities for a business. This trend is what drove source code management company Assembla to acquire MyGet for an undisclosed amount, announced in a company blog post Friday. Founded in 2006 and acquired in 2016 by Scaleworks, a San Antonio venture equity firm, Assembla is the world’s only provider of enterprise cloud version control for software code. Code repositories use version control to manage files and code updates. Assembla’s cloud-based platform tracks version control for softwar...
Earth Class Mail Delivers New Digital Services for Businesses
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Earth Class Mail Delivers New Digital Services for Businesses

Earth Class Mail (ECM) announced Thursday new digital services aimed at helping businesses streamline handling and processing of mailed documents and checks. Business clients can now organize and find digitized mail documents more easily with added searchable features, share mail content via email, and process payments received into newly added online accounting software integrations for Xero and Quickbooks Online. The industry leader was the first company to recognize this need by creating the digital mail service market in 2004. Businesses select one of the ECM’s virtual addresses available in every state in the U.S. HIPAA-certified technicians organize and store a business’ mail at an Earth Class Mail facility, then scan mailed documents as a high-resolution, searchable PDF file. EMC...