PitchBook：2025年一季度基础设施SaaS风险投资趋势报告（英文版）

Infrastructure software as a service (SaaS) includes application development and data creation & management, as well as IT and digital infrastructure services. Nearly every sector of the economy today employs these solutions, especially with the rising tides of digital transformation, Big Data, and recent advancements in and adoptions of large language models. Infrastructure SaaS came back down to earth in Q1 2025, after a massive $10 billion Series J by Databricks in Q4 2024. Still, Q1 r