Appirio Secures $10 Million in Series C Funding From GGV Capital and Sequoia Capital

Appirio has announced that it has secured $10 million in Series C financing from GGV Capital and Sequoia Capital, which will be used to further invest in product development, go-to-market strategies and services to help businesses confidently move to cloud computing. "Appirio has emerged as a clear leader in driving SaaS and cloud computing adoption within the enterprise, and the company's execution on its combined products and services business model has been nothing but impressive," said Jeff Richards, partner at GGV Capital.

Coghead's engineers will help solve SaaS integration problems

Coghead’s Technology has announced that it will help SAP tackle Software as a Service (SaaS) integration challenges, among other problems, according to SAP CTO Vishal Sikka. "I think that when you look at the cloud, we have solved some fundamental problems but have not solved others," Sikka said. "So cloud-based service may make problems worse, not better for a CIO. We will solve the integration problem. This team will help us to solve it."

Plex Online Offers Robust Shop Floor Data Integration

Plex Systems Inc. has announced the SaaS solution delivers Manufacturing Execution System (MES) functionally by tightly integrating data collection between shop floor systems and the Enterprise Resource Planning (ERP) suite. “Plex Online gives manufacturers an edge in that they are better able to measure and manage quality, shop floor, machine operations, production and more, while streamlining the entire supply chain." Said Plex Systems CEO and President Mark Symonds.

Zoho Parent Launches ManageEngine On-Demand, Forays Into Cloud Computing; Network and Server Monitoring Application Now Available as a Service

ManageEngine announced today it is making its family of applications available in the SaaS model, beginning with OpManager On-Demand, an integrated network and systems management suite. "We are seeing a paradigm shift in the way IT is being managed today as enterprises demand affordability and value immediately," said Girish Mathrubootham, vice president, ManageEngine.

PressWise debuts Web2Ship at GOA

PressWise has announced the debut of its web-based end-to-end Web2Ship digital print shop management solution at Dscoop4, Digital Solutions Conference. PressWise is specifically designed for digital print service providers and digital in-plant print facilities. PressWise utilizes cutting edge SaaS technology that reduces installation time and expense, and radically reducing total cost of ownership.

OATI webTrader Ready for California ISO's MRTU Launch

Open Access Technology International Inc. has announced that t it's webTrader customers are ready for California ISO's MRTU market launch scheduled for March 31, 2009. OATI's SaaS based deployment model ensures that its MRTU Market Solutions are implemented at a fraction of the time and cost of traditional delivered solutions offered by other vendors.

New SonicFeedback and SonicParser Added to SonicRecruit, Cytiva’s Highly Respected Talent Acquisition Solution

Cytiva Software Inc., a provider of SaaS talent management solutions has announced the availability of new features for its talent acquisition solution. “SonicFeedback and SonicParser are examples of the kind of regular enhancements we provide our clients at no extra cost, with no upgrades necessary,” said Jason Moreau, CEO of Cytiva. “This is the payoff of the Software as a Service business model for clients – easy and frequent enhancements, and added value throughout the life of the relationship.”

Salesforce.com breaks $1 billion revenue barrier

It was announced recently that Salesforce.com has earned revenues of $1.08 billion in its last financial year, the company revealed yesterday. That represents a 44% increase on the previous year, a significant milestone in the story of software-as-a-service and an endorsement of the subscription model. Larry Ellison, Oracle CEO and Salesforce.com investor, famously derided the profitability of the SaaS model last year, saying “If you look at the [SaaS] leader, Salesforce.com, they don’t make very much money and they’ve been at it for almost ten years”.

EDA Soon Offers e-DMC: a Free Web-Based DMC Service for Meeting and Event Planners

E-DestinAccess (EDA) provides a solution to the growing economical and technological needs of meeting professionals and suppliers by launching in the first quarter of 2009, e-DMC, a Free Web-based DMC Service for Meeting and Event Planners. In accordance with the economical crisis, EDA sticks to the motto, “Time is Money.” To be successful as a meeting professional requires a cost-effective technological solution that provides convenience, efficiency, structure, & consistency within the industry that e-DMC offers.

NovaStor Presents New Products for SaaS Solutions

NovaBACKUP xSP has announced that it is launching two new product lines at the German IT fair CeBIT 2009: NovaBACKUP Remote Workforce and NovaBACKUP xSP. NovaBACKUP xSP will allow ISPs to offer data protection services that permit home users as well as businesses to only pay for the functions they need. By making use of NovaBACKUP xSP’s modular system, ISPs can provide local backup, imaging, open file backup, encrypted online backup and more. Support for Microsoft Exchange and SQL is also available. Users will be able to choose the combination of services that represent the best fit with their budgets and IT requirements.

DigitalPost Interactive Signs Custom Software Deal

signed a deal with a customer whose web property is ranked in the “Top 100” by Comscore. “This type of partnership enables strong consumer web properties to leverage our advanced Web 2.0 technology, greatly enhancing their user experience,” stated Michael Sawtell, DigitalPost Interactive’s CEO. “This additional business will help us move toward our goal of cash flow positive by the end of 2009.”

Cordys Launches Enterprise Cloud Orchestration System to Deliver First PaaS

Cordys has launched the Cordys Enterprise Cloud Orchestration System (ECOSystem), a process-centric, flexible, responsive and cost-effective platform for the development of business applications in the cloud. Deployable as a complete PaaS solution, this innovative approach delivers full application server, middleware, integration and BPM capabilities where and when needed. Jon Pyke, Chief Strategy Officer of Cordys, stated, “Just as VMware has launched its vCompute capability for infrastructure, Cordys has launched the ECOSystem for application vApps.”

New Momentum Launches Anti-Counterfeiting Software for Pharmaceutical Companies

Stu Clifton, New Momentum CEO, reported, "According to the Center for Medicine in the Public Interest, worldwide counterfeit sales are increasing at about 13 percent annually -- nearly twice the pace of legitimate pharmaceuticals -- and could become a $75 billion industry by 2010. The company is offering anti-counterfeiting software to pharmaceutical companies.