Huge congrats to NYC based Datadog, cloud monitoring as a service, as it hits $10.9 billion market cap on its debut Friday. The interest in all things enterprise infra continues and who wouldn’t be excited with expansion numbers in the 150% range. This is also a huge win for the NYC enterprise tech ecosystem which was traditionally seen as an ad tech and media community but as I like to say, this is where the money is with 50+ Fortune 500s buying enterprise tech in NYC. For the founders, take a look at the Openview SaaS benchmarks remember to not raise too much money as it can be a crutch in the long term.
What's Hot in Enterprise IT/VC - Issue #151
What's Hot in Enterprise IT/VC - Issue #151
What's Hot in Enterprise IT/VC - Issue #151
Huge congrats to NYC based Datadog, cloud monitoring as a service, as it hits $10.9 billion market cap on its debut Friday. The interest in all things enterprise infra continues and who wouldn’t be excited with expansion numbers in the 150% range. This is also a huge win for the NYC enterprise tech ecosystem which was traditionally seen as an ad tech and media community but as I like to say, this is where the money is with 50+ Fortune 500s buying enterprise tech in NYC. For the founders, take a look at the Openview SaaS benchmarks remember to not raise too much money as it can be a crutch in the long term.