Remove 2019 Remove AWS Remove Scaling
article thumbnail

Search at Intercom: Building our Elasticsearch cloud on AWS

Intercom, Inc.

For this reason, we chose to run exclusively on AWS and wherever possible, we make use of battle-tested AWS services, be it RDS Aurora for our relational databases, the Simple Queue Service (SQS) for our async workers or ElastiCache for our caching layer. This post is a version of a talk I gave at Elastic Community Conference recently.

AWS 249
article thumbnail

BVP: The Top Unicorns Are Still Raising at 23x ARR

SaaStr

So many of the Best of the Best are growing at crazy rates at scale, from Canva to Databricks and Wiz and more. So you can discount some of this as outliers, even the outliers of the outliers. But the Cloud 100 was always outliers. Databricks is Growing 60%+ at $2.4 Billion in ARR. And Accelerating. We’ll see.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pitchbook & IVP: Top Tier SaaS Companies Usually Raise at 15x ARR. It Was 114x in 2021.

SaaStr

In 2018-2019, it grew then a bit, and for very top SaaS companies, 20x ARR wasn’t uncommon for Series A and later rounds. Even If It’s Awful for Series A-E Rounds. As SaaS picked up, 10x ARR remained a rough standard but for Series A, B and later rounds grew to about 15x for top performing SaaS companies.

article thumbnail

5 Interesting Learnings from Canva at Almost $2 Billion in ARR

SaaStr

They were $1.7B+ ARR in October , so let’s call it close to $2B at the end of the year, growing 40%+ at that scale –and profitable! (or In 2019, they had 500 employees. #4. 300 Employees Working on AI Not a surprise, but interesting to see the scale of investment here. #5. That’s … pretty epic.

AWS 312
article thumbnail

SaaS Multiples Are At a 3+ Year Low. Where It Goes From Here.

SaaStr

Amazon AWS, Microsoft Azure and even Google Cloud are on fire, adding insane amounts of revenue this year. And generating real cash flow at scale. #2. Draw a straight line and assume multiples gradually expand at the same rate as they were growing from 2017-2019. That revenue multiples should rise from where they were in 2019.

SaaS 348
article thumbnail

Some SaaS Stocks Are Actually Still Doing Pretty Darn Well. E.g, Sprout Social, ZoomInfo, Zscaler, etc.

SaaStr

Sprout Social IPO’d in Dec 2019 at an $800m market cap. A few case studies: * Sprout Social IPO’d in December 2019 at an $800m market-cap. It IPO’d early, in a crowded space. But they kept on going, and gong, and growing. years later, in a market down 50% …. They’re worth $2.7 Billion #golong pic.twitter.com/nA8jSXgehx. It’s tripled.

AWS 295
article thumbnail

The Week In Cloud: April 28, 2019

SaaStr

“We have questioned whether Microsoft will ever see the profit margin of AWS at similar scale” The post The Week In Cloud: April 28, 2019 appeared first on SaaStr. . “A 600m deal puts a spotlight on the shadowy world of cyberwarfare” When it’s broken, it’s broken. The 10 key warning signs.

Cloud 150