SaaStock raises cash from European investors, including Ireland’s Tribal.vc

5 Apr 20178 Shares

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Irish firm Tribal.vc joins other investors to back the SaaS community.

B2B SaaS conference SaaStock has raised funding from investors across five European countries.

Participants in the round included Christoph Janz and Pawel Chudzinski of Point Nine Capital; Conor Stanley of Tribal.vc; Erik Schut and Hans Janssen of Woodwing Ventures; Martin Henk, co-founder of Pipedrive; and Tim O’Shea and Alexander Bruehl of The SaaS Garage.

‘I looked beyond the money, to those that shared the same passion for the SaaS community we had’
– ALEX THEUMA

SaaStock plans to use the investment to double its headcount, in order to aid its growth to 1,500 attendees in 2017.

Lots of SaaS in September

The organisation held a major event in Dublin in September 2016. Roughly 1,500 SaaS founders, executives and venture capitalists will be in attendance for SaaStock 2017, taking place between 18 and 20 September at the RDS and various venues across Dublin city.

“I knew we couldn’t continue to bootstrap beyond 2016 if we were to fulfil the vision for SaaStock,” said Alex Theuma, CEO and co-founder of the event.

“So, soon after our first conference, we started speaking with potential investors, almost all of which attended our first event.

“I looked beyond the money, to those that shared the same passion for the SaaS community we had and could really add value. We’re delighted that we can count legends in the SaaS space such as Christoph Janz and Martin Henk as investors.”

Editor John Kennedy is an award-winning technology journalist.

editorial@siliconrepublic.com