{"id":5718,"date":"2017-05-25T17:49:52","date_gmt":"2017-05-25T17:49:52","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/meta-saas-raises-1-5-million-from-mark-cuban-and-others.html"},"modified":"2017-05-25T17:49:52","modified_gmt":"2017-05-25T17:49:52","slug":"meta-saas-raises-1-5-million-from-mark-cuban-and-others","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/meta-saas-raises-1-5-million-from-mark-cuban-and-others.html","title":{"rendered":"Meta SaaS raises $1.5 million from Mark Cuban and others"},"content":{"rendered":"


\n<\/p>\n

Meta SaaS<\/a> is a product that helps you cancel other products. Like Cardlife<\/a> and Cleanshelf<\/a>, Meta SaaS looks at all of your software-as-a-service subscriptions and tells you which ones you use and, more important, which ones you don\u2019t.<\/p>\n

Founded by Arlo Gilbert and Scott Hertel, the product raised $1.5 million in seed from Mark Cuban with participation from Barracuda Networks, Capital Factory, Deep Space Ventures and Brett Hurt of Bazaarvoice. Gilbert created the first VoIP platform for iOS, iCall, and Hertel worked in Dell\u2019s e-commerce division.<\/p>\n

They are supporting 10,000 employees at six customers \u2013 including RetailMeNot \u2013 and they are managing millions of SaaS apps.<\/p>\n

\u201cWe are focused on the mid-market and larger companies, where the SaaS license management issue creates meaningful financial impact, to the tune of millions of dollars wasted per year. Most early stage competitors are focused on smaller customers,\u201d said Hertel. \u201cMany other competitors get their data through third parties such as Okta, which means they are limited to tracking logins and shackled to a single platform.\u201d<\/p>\n

Gilbert created the company after realizing that he had been paying way too much for SaaS.<\/p>\n

\u201cAs I was closing down the office after the sale of iCall in 2012, I realized I had 40 licenses for Salesforce CRM but had never had more than 20 employees total,\u201d he said.<\/p>\n

The product manages \u201cphantom IT\u201d \u2013 namely the IT tools that someone bought and forgot about. While this one weird trick of selling and forgetting is great for SaaS providers it\u2019s awful for businesses and Meta SaaS is one of the first providers to tackle the enterprise and large business space.<\/p>\n

<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/zDZkE37z01A\/<\/p>","protected":false},"excerpt":{"rendered":"

Meta SaaS is a product that helps you cancel other products. Like Cardlife and Cleanshelf, Meta SaaS looks at all of your software-as-a-service subscriptions and tells you which ones you <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-5718","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t