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Enterprise SaaS

The full thread of our ServiceNow coverage — a running record of every development we've tracked, with the VC take on each.

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Jul 22, 2026
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  1. Aug 19, 2026IPOServiceNow's $7.75B Armis Deal Bucks 'Saaspocalypse' Fears$7.75B acquisition→
  2. Jul 22, 2026FUNDINGServiceNow Invests $40M in Indian Banking Software Firm$40M Series C stake→

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IPO· Aug 19, 2026

ServiceNow's $7.75B Armis Deal Bucks 'Saaspocalypse' Fears

Illustration for: ServiceNow's $7.75B Armis Deal Bucks 'Saaspocalypse' Fears
IPO$7.75B acquisition

ServiceNow's $7.75B Armis Deal Bucks 'Saaspocalypse' Fears

ServiceNow's stock fell 42% in early 2026 on fears AI agents would make enterprise software obsolete, but its $7.75B acquisition of cybersecurity startup Armis helped drive a 41% May rally and outperformance versus Salesforce and Workday.

Aug 19, 2026DEEP DIVE
FUNDING· Jul 22, 2026

ServiceNow Invests $40M in Indian Banking Software Firm

Illustration for: ServiceNow Invests $40M in Indian Banking Software Firm
FUNDING$40M Series C stake

ServiceNow Invests $40M in Indian Banking Software Firm

ServiceNow invested $40 million for roughly a 5% stake in BusinessNext, a 24-year-old Indian banking software firm serving 70+ banks, deepening ServiceNow's push into AI-powered financial services software globally.

Jul 22, 2026
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