We've raised $200M at a $5B valuation to scale self-improving software development in the enterprise. The round brings our total funding to over $400M and more than triples our $1.5B valuation from April.↗

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Workday provides an outstanding case study of leveraging professional services for an enterprise software business: 2009: $25M revenue 54% software/ 46% services 2014: $469M revenue 76% software/ 24% services 2019: $3.6B revenue 85% software/ 15% services↗

Work styles are going to completely change for the vast majority of companies in the coming months. This will be a period of rapid innovation in enterprise software, and spell the end of many legacy approaches to IT.↗

Frank Slootman, one of the best operators in enterprise software of all time, on the importance of building a strong sales and marketing team early: "you control your destiny, and you don't need anybody else to hit your numbers" Excerpts from "Tape Sucks" on the topic:↗