What is SaaS?
SaaS stands for Software as a Service. It is a software distribution model where applications are hosted by a third-party provider and made available to customers over the Internet. unlike the traditional software that requires the installation on individual devices, SaaS on the other hand allows users to access the applications through a web browser and eliminates any need for extensive local installation and maintenance.
Attentive Inc Secures $7 Million in Series A Funding for AI-driven SaaS Solutions
Attentive Inc., a SaaS startup specializing in AI-based sales automation, successfully raised $7 million in a Series A funding round. The funding was led by Vertex Ventures Southeast Asia and India, and had contributions from existing investors Peak XV Partners and InfoEdge Ventures, reflecting the growing trust in Attentive’s innovative approach and how they address the challenges faced by construction and outdoor service companies.