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- €11.5M Goes Green! 🌱
€11.5M Goes Green! 🌱
And... Layoffs Slow Down
Welcome to SaaS Wire — your backstage pass to the hottest in software and services!
What we’ll cover today:
💔 LinkedIn and AppLovin trim teams—tech layoffs still making headlines.
🌍 NextSense’s €11.5M funding: cutting building energy by 40%.
📅 Pavilion CMO Summit & PLGTM Summit 2025—your SaaS networking goals!
Let’s get into it! 🎯
Tech layoffs have shaken 2023 and 2024, with over 191,000 U.S. workers affected. Big names like LinkedIn and AppLovin return to the tracker.
🚨 Breaking News
LinkedIn laid off 202 employees, AppLovin let go of 120, and Ubisoft closed a unit, affecting 143 workers.
⚡Wire Simplified
Tech layoffs have slowed in Q4 2024 compared to last year.
LinkedIn’s layoffs hit engineering and customer support roles.
AppLovin cuts senior and tech positions.
Ubisoft closes XDefiant unit, impacting its San Francisco staff.
✔️Straight to the Point
Layoffs are slowing, but big names cutting jobs signal continued challenges in the tech industry’s recovery.
🎤What do you think about tech layoffs slowing down in Q4? |
NextSense, a Berlin-based startup, scores €11.5M in funding to tackle energy waste in buildings with innovative tech.
🚨 Breaking News
The startup’s tech promises up to 40% energy savings per project, attracting global interest and green investors.
⚡Wire Simplified
NextSense aims to cut building energy costs with advanced solutions.
Raised €11.5M in Series A led by major European VC firms.
Focused on sustainability in urban developments.
Expected to set a benchmark in eco-friendly construction tech.
✔️Straight to the Point
NextSense’s big funding round highlights the market’s shift toward sustainable tech and positions it as a key player in green innovation.
🎤Is sustainable construction tech the future of urban development? |
There will ultimately be tens of millions of driverless Teslas throughout the world giving rides 24/7
▶️ Watch Elon Musk in Tesla
SNYK, which is on our 2025 tech IPO watchlist, is now over $300M in ARR, but is saying they may wait until 2026 to go out. Here are 5 thoughts about this:
1. They have $435M in cash and believe they will be breakeven next year, so they don't need the $ for operations (or large M&A)
2. They had a most recent valuation of $7.6B, so growing more 'into' this would be beneficial to later investors, who likely hold decent amount of sway.
3. Probably not what many early employees want to hear but maybe they'll continue the trend of secondary transactions and include the employee base?
4. Even with great metrics and growth, many firms might think the regulatory changes that are coming won't be baked until 2026, so are going to hold off for longer (but there's risk there of course), which will also let them grow into those 2020 / 2021 vc valuations.
5. I think we'll see more regulatory progress in 1H 2025 + favorable market conditions and firms like $SNYK will reconsider.
The premier event for go-to-market leaders in product-led companies, PLGTM Summit 2025 brings together over 600 professionals from sales, marketing, and operations to explore successful product-led growth strategies. Attendees will gain insights into product-led sales, marketing, and customer expansion through expert-led sessions and networking opportunities.
Date: May 20, 2025 | Location: City View at Metreon, San Francisco, CA, USA
MarketingOps.com Spring Fling 2025
Following the PLGTM Summit, the MarketingOps.com Spring Fling focuses on marketing operations, offering a day of content and connection for professionals in the field. This event provides in-depth learning and meaningful networking opportunities among marketing operations, revenue operations, and go-to-market operations professionals.
Date: May 21, 2025 | Location: City View at Metreon, San Francisco, CA, USA
Pavilion's 3rd annual CMO Summit is designed for marketing executives (VP level or above), featuring interactive lectures, workshops, and networking with top marketing leaders from around the globe. The summit covers topics such as using benchmarking data to build budgets, calculating ROI on marketing efforts, and aligning sales and marketing.
Date: April 17, 2025 | Location: The Ritz-Carlton, Atlanta, GA, USA
What do you think about today’s edition? |
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