The productivity software company Zoho has never taken outside funding and plans to stay private.
Zoho chief strategy officer Vijay Sundaram says the company can more easily take a long-term view.
Zoho currently competes against software giants like Atlassian and ServiceNow.
The 25-year-old productivity tool company Zoho believes that staying private has been one of the keys to its success and doesn t have any ambitions for an IPO.
Zoho, along with its IT service management division ManageEngine, offers a suite of productivity and business applications and competes against public software giants like $57 billion market cap Atlassian and $95 billion market cap ServiceNow. Unlike those competitors, which raised $522 million and $269.28 million from investors, respectively, before going public, Zoho has never taken outside investment.
Open Source Hong Kong
Hong Kong s number of individual open source contributors on GitHub grew 64.5% in 2020
This is the third year open source has shown significant growth as the region becomes a tech hub.
Developers see open source as a way to learn new skills, while companies in Hong Kong rely on it, too.
Developer Sammy Fung started Open Source Hong Kong in 2006 because there weren t any other major open source organizations in the area and he wanted to bring together local developers.
Today, the group s events can attract 500 participants and the scene in general is thriving: Hong Kong now has several annual open source software conferences, as well as regular meetups and new emerging projects.
SADA Systems
SADA Systems hired new chief of staff Michelle Ambrose from Google Cloud in February.
Ambrose spent nearly ten years at Google, where she most recently ran operations and sales at Google Cloud.
Ambrose says she plans to bring her understanding of Google Cloud and experience in scaling to SADA.
Major Google Cloud partner SADA Systems just poached its new chief of staff from Google Cloud itself.
Michelle Ambrose joined SADA this month after spending nearly a decade at Google. She most recently ran go-to-market strategy and operations at Google Cloud and, before that, led Google s onboarding and culture as the head of global planning and operations.
Pulumi
Cloud startup Pulumi hired three new executives who previously worked at Amazon Web Services.
CMO Jay Wampold, director of product marketing George Huang, and VP of marketing Aaron Kao all came on.
Pulumi says the hirings show it.can attract top cloud talent from companies like AWS and Microsoft.
Seattle-based cloud startup Pulumi has poached three former Amazon Web Services executives for its team over the past few months.
Pulumi helps developers easily build and manage applications on any cloud including AWS, Microsoft Azure, or Google Cloud and automatically manage the resources needed to run those apps. It s become a rising star in Seattle s tech startup scene, and just announced a $37.5 million Series B round last October.
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Enterprise tech startups are generally stable during economic downturns.
That makes them good places to work in any climate.
We rounded up the rising enterprise startups where we think you d be smart to take a job this year.
If there s one industry you can bet on during an economic downturn, it s enterprise tech.
According to a report from OpenView Venture Partners, enterprise software is virtually recession-proof. That s because companies, whether they re in tech, finance, retail, or virtually any industry, rely on enterprise software to make their businesses run.