A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – ENTERPRISE COLLABORATION
- Oblong Industries bumps funding round to $50M. Link
- Kaltura grabs $50M in pre-IPO funding from Goldman Sachs. Link
- Parsable raises $20M from Global Industrial Firms to eliminate papers. Link
- SpringCM raises $17.5M to foster continued growth. Link
- With $17M in seed funding, RedKix wants to combine the best of email and chat. Link
- Dapulse closes $7.6M series A for its project management SaaS. Link
- Progressly raises $6M in series A. Link
- Unify Square raises $3.92M in funding to continue its growth in on-premise and cloud software and managed services for Skype for business. Link
- GaryMeta raises $3.5M in series A. Link
- BelCham Atelier member Awingu raises $2.95M in additional funds. Link
- Israeli startup Nuro Secure Messaging raises $2.6M. Link
- Lua secures $1.39M in venture round. Link
- MURAL raises $1.35M in seed funding, lands deal with IBM upon completion of IDEO Startup in Residence Program. Link
- Collokia raises $1.3M in seed funding. Link
- Enterprise workflow collaboration firm WorkApps raises $1M from SRI Capital. Link
- AceBot.ai secures $650K institutional seed funding from Accel Partners. Link
- ownCloud secures financing and expands its management team. Link
- Binfire secures new round of financing. Link
- HAVAIC LP funds Digital Cabinet. Link
- Durham startup Teamworks lands first outside investment capital. Link
- Salesforce acquires word processing app Quip for $750M. Link
- Defenx acquires Memopal for Euro 2.3M. Link
- Planview acquires Innotas, extending its IT PPM leadership into the mid-market. Link
- Doodle acquires chatbot Meekan to integrate its A.I.scheduling assistant. Link
SOME INTERESTING STARTUPS FOUND
Business Hangouts (2016, LosAngeles) – Webinar software on Google Apps Marketplace.
Crugo (2016, Cheltenham) – Group collaboration software to share, communicate and organize anything securely.
LEADER BOARD – ENTERPRISE COLLABORATION
Collaboration Suite
LogMeIn (2003, Boston, IPO) – Provider of SaaS and cloud-based remote connectivity services for collaboration, IT Management & customer engagement. Went Public in 2009.
Atlassian (2002, Sydney, IPO) – Enterprise collaboration software solutions provider offering tracking, collaboration, real-time communication, code hosting and repository management. Went public in December 2015.
File Synchronization and Sharing
Box (2005, Los Altos, IPO) – Enterprise file sharing cloud storage platform with secure cloud content management and collaboration. Went public in 2015.
Dropbox (2007, SF, $607M) – Dropbox offers cloud storage, file sharing and synchronization, personal cloud, and client software. Backed by BlackRock, Index Ventures,Sequoia Capital.
Content Management
OpenText (1991, Waterloo, IPO) – OpenText provides enterprise information management software solutions to help companies manage their unstructured business information. Went Public in 1996.
SpringCM (2005, Chicago, $88M) – Provider of enterprise class, on-demand workflow automation and document management for legal and sales team in a completely web-based environment. Backed by Foundation Capital, NBVP, Growth Equity, Panorama Point Partners, Bluestem Capital, Goff Capital, Wellington Financial, SVB, and Square 1 Bank.
Social Collaboration
Jive Software (2001, Palo Alto, IPO) – Provider of communication and collaboration solutions to businesses. Went public in 2011.
Yammer (2008, SF, $142M, Acq.) – Enterprise social network helps employees to create groups to collaborate on projects and share and edit documents. Acquired by Microsoft in 2012.
Messaging
Vocera (2000, San Jose, IPO) – Provides mobile communication solutions for integrated, intelligent communication in healthcare and other mission-critical mobile environments. Went public in 2012.
Slack (2009, SF, $540M) – SaaS team communication tool for enterprises. Backed by Social Capital, GV, Accel Partners, SV Angel.
Conferencing
RingCentral (2003, San Mateo, IPO) – Cloud based communications and contact center solutions provider offering video conferencing, audio conferencing, and online meetings. Went public in 2013.
Fuze (2006, Cambridge, $178M, Acq.) – Provides cloud based HD video and audio collaboration solutions along with other features such as chat, share and comments on files. Got acquired by ThinkingPhones in 2015.
Project Management
Workfront (2001, Lehi, $95M) – Cloud-based enterprise work management solution for marketing, IT, and other enterprise teams. Backed by Greenspring Associates, JMI Equity.
Asana (2009, SF, $88M) – Provides web and mobile application designed for teams to improve communication, organization and collaboration. Backed by 8VC, Founders Fund, Andreessen Horowitz, Benchmark and more.
Knowledge Management
Kaltura (2006, NYC, $160M) – Provides an open source online video platform that allows companies to simplify the creation of video experiences via video management, publishing, and knowledge sharing. Backed by Nokia Growth Partners, Sapphire Ventures, Nexus VP.
Inkling (2009, SF, $61M) – Provides a mobile publishing platform for learning content. Backed by Sequoia Capital.
Notes and documents
Evernote (2004, Redwood City, $266M) – Evernote provides workspace which allows users to capture, organize, and find information across multiple platforms.Backed by Sequoia Capital, CBC Capital, Meritech Capital Partners.
Cambridge Soft (1986, Cambridge, $57M, Acq.) – Provider of a software platform for discovery, analysis, and collaboration in pharmaceutical and chemical industries, universities and government. Acquired by PerkinElmer in March 2011.
Productivity
PlanSoft Corporation (1995, Twinsburg, $46M, Acq.) – Provides an online B2B solutions for professional meeting planning. Acquired by onVantage in August 2004.
Scalix (2002, NYC, $25M) –Provides email, group calendaring and other collaborative software that enables users to reduce cost of ownership. Backed by NEA, Mayfield Fund.
Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
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