Catalyst Invests in EnterpriseDB

Catalyst Invests in EnterpriseDB

Catalyst Investors partnered with Great Hill Partners to acquire EnterpriseDB, the leading database management system for PostgreSQL.

K1 Invests Over $200 Million in Jobvite to Create Market-Leading Talent Acquisition Platform

K1 Investment Management made a majority investment in Catalyst portfolio company Jobvite, the industry leader in best-of-breed recruiting software. K1 and Jobvite also announced three major acquisitions: Talemetry, the award-winning recruitment marketing company, RolePoint, the leader in employee referral and internal mobility, and Canvas, the industry’s only text-based conversational recruiting company.

How to Value SaaS Companies

Software-as-a-service (SaaS) companies have had a great run over the course of the current business cycle. The sector has routinely traded at a multiple above five times revenue, even while having low or negative profit margins. From 2010 to 2013, market observers posited that valuation multiples in the sector were driven by growth alone – the faster the better – no matter how much cash burn it takes to achieve. Since the public market for software stocks hit a speed bump starting back in Q1 of 2014, however, there has been a general perception that profitability is becoming more of a factor in driving SaaS valuations. This awareness is driving capital allocation discussions at companies across the SaaS sector, both public and private. Should a company raise money to “keep its foot on the gas?” Or should it perhaps slow growth a bit but make the move to “EBITDA-positive?”

T.H.E. Journal: PresenceLearning Redesigns and Re-releases Lightyear Tool

PresenceLearning released Lightyear, a newly redesigned therapy program that offers high fidelity and live health sessions while reportedly putting less demand on school network bandwidth. The program is designed so that more schools — particularly schools in areas with limited access to high-speed Internet — can gain access to PresenceLearning’s extensive network of qualified clinicians to assist students with special needs.

Catalyst-backed MINDBODY now serving 50,000+ business subscribers

MINDBODY, Inc. (NASDAQ:MB), the leading provider of cloud-based business management software for the wellness services industry, has surpassed the 50,000 subscriber benchmark. The company’s expanding subscriber base demonstrates the growing, global adoption of cloud-based business management amongst wellness providers as the health and wellness revolution accelerates around the world.

MINDBODY Named on Deloitte’s Fast 500 List

MINDBODY, the largest global provider of web and mobile management solutions to the wellness and beauty industry, has been recognized for the fourth consecutive year by Deloitte’s Technology Fast 500™. Ranked at 228, MINDBODY experienced 437% revenue growth between 2008 and 2012.

Laudable Logistics: Simplified Shipping for Consumers & SMBs

Convenience, pricing and reliability are critical for shipping services to gain traction, and these innovative consumer- and SMB-centric shipping solutions bring logistics and supply chain management (SCM) to the mainstream. Similarly, last holiday season we looked at SCM through the lens of a consumer in our blogpost about the importance of having efficient SCM systems to ensure that gift purchases arrived on time and in the correct size. We have continued to research the B2B SCM software sector, and we created a [supply chain management cloud-based challengers market map] [link to market map] and [research report] [link to memo] to highlight the key trends.