Enterprise Software Public Company SaaS Valuations for Q2 2014

Once a year I like to inventory the public company SaaS valuations (see 20132012 and 2010). Earlier this year SaaS valuations shot up a good bit, but have subsequently come back down over these past few weeks. We’ve also had several SaaS companies acquired over the past year including ExactTarget, Eloqua, and Responsys as well as new IPOs like Cvent and ChannelAdvisor.

  • salesforce.com (NYSE:CRM) – customer relationship management SaaS company.
    Market cap: $30.86 billion
    Last reported quarter’s revenues: $1,145 million
    Employees: 13,300
  • NetSuite (NYSE:N) – enterprise resource planning (accounting, inventory, etc) SaaS company.
    Market cap: $5.53 billion
    Last reported quarter’s revenues: $122.96 million
    Employees:  2,434
  • Constant Contact (NASDAQ:CTCT) – email marketing for small business SaaS company.
    Market cap: $874.21 million
    Last reported quarter’s revenues: $78.87 million
    Employees: 1,235
  • LogMeIn (NASDAQ:LOGM) – remote machine access SaaS company.
    Market cap: $981.18 million
    Last reported quarter’s revenues: $49.02 million
    Employees: 675
  • LivePerson (NASDAQ:LPSN) – live chat SaaS company.
    Market cap: $506.71 million
    Last reported quarter’s revenues: $47.83 million
    Employees: 796
  • Demandware (NYSE:DWRE) – ecommerce SaaS company.
    Market cap: $1.69 billion
    Last reported quarter’s revenues: $35.54 million
    Employees:  383
  • Marketo (NASDAQ:MKTO) – marketing automation SaaS company.
    Market cap: $950.39 million
    Last reported quarter’s revenues: $32.29 million
    Employees: 519
  • ServiceNow (NYSE:NOW) – IT asset management SaaS company.
    Market cap: $6.66 billion
    Last reported quarter’s revenues: $139.09 million
    Employees: 1,830
  • Workday (NYSE:WDAY) – HR and financial management SaaS company.
    Market cap: $12.48 billion
    Last reported quarter’s revenues: $141.87 million
    Employees: 2,600
  • Cvent (NYSE:CVT) – Events management SaaS company.
    Market cap: $990.58 million
    Last reported quarter’s revenues: $30.70 million
    Employees: 1,450
  • ChannelAdvisor (NYSE:ECOM) – Ecommerce channel management SaaS company.
    Market cap: $542.43 million
    Last reported quarter’s revenues: $19.34 million
    Employees: 216

Valuation wise, the two biggest movers were Constant Contact and Demandware doubling in value over the past 12 months. SaaS/cloud computing companies continue to command larger valuations relative to other technology companies.

What else? What are some other observations on public company SaaS valuations?

2 thoughts on “Enterprise Software Public Company SaaS Valuations for Q2 2014

Leave a Reply to Tom Blue - Lead411 (@tomblue) Cancel reply

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