A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – ENTERPRISE COLLABORATION
- Ephesoft, a data capture solutions provider, raises $15m investment from Mercato Partners. Link
- SiteTraker, a program and asset management platform for modernizing infrastructure and capital projects, raises $11 Million in Series A. Link
- M-Files, the enterprise information management company, partners with Esri, a global leader in smart-mapping, to integrate global smart mapping technology with intelligent information management platform. Link
- Thoma Bravo, a leading PE firm completes the acquisition of Lexmark International’s enterprise software business. Link
- South African cloud storage startup Digital Cabinet raises $375k. Link
- Dropbox is getting ready for the biggest tech IPO since Snapchat. Link
- WizeHive, a cloud-based platform that simplifies business processes, raises an undisclosed amount and expands the executive team to accelerate strong market momentum. Link
SOME INTERESTING STARTUPS FOUND
Resolvd (2016, Kyiv) – Resolvd offers a platform for automatically prioritizing tasks based on the analysis of communication between team members.
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.
Enterprise 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.
Enterprise Content Management
OpenText (1991, Waterloo, IPO) – Provider of enterprise information management software solutions to help companies manage their unstructured business information. Went Public in 1996.
SpringCM(2005, Chicago, $113M) – 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.
Knowledge Management
Bowstreet (1991, Tewksbury, $145M, Acq) – Provider of portal-based tools and technology that helps companies bring together corporate applications, documents, databases and other enterprise information into a single, integrated portal application. Acquired by IBM in December 2005.
Inkling (2009, SF, $86M) – Provides a mobile publishing platform for learning content. Backed by Sequoia Capital.
Collaborative Workspaces
Quip (2012, SF, $46M, Acq) – Provides cloud-based word processor to collaborate on documents. Acquired by Salesforce for $750M in August 2016.
Quick Office (1997, Plano, $28.5M, Acq.) – Provider of mobile office solution with cloud integrations that enables users to access, view, edit and create the content anywhere on their mobile devices. Acquired by Google in June 2012.
Enterprise Social Networking
Jive Software (2001, Palo Alto, Acq.) – Provider of communication and collaboration solutions to businesses. Acquired by ESW Capital’s Wave Systems for $462M in 2017.
Yammer (2008, SF, $142M, Acq.) – Enterprise social network for employees to create groups to collaborate on projects and share & edit documents. Acquired by Microsoft in 2012.
Enterprise Communication – Unified Communication
Cisco (1984, SF, IPO) – Offers full UC suite of integrated on-premise and cloud based applications and services based on its Unified Communications Manager. Went public in February 1990.
Mitel (1973, Kanata, IPO) – Provider of unified communication solutions for businesses focused on VoIP products. Went public in May 2006.
Enterprise Communication – Conferencing
Fuze (2009, SF, $334M, 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.
BlueJeans Network (2009, Mountain View, $175M) – Cloud-based video conferencing solution provider. Backed by NEA, Battery Ventures, NVP, Glynn Capital, Accel Partners, and Quadrille Capital.
Enterprise Communication – Messaging & Chat Apps
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, Vancouver, $540M) – SaaS team communication tool for enterprises. Backed by Social Capital, GV, Accel Partners, SV Angel.
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) – Developer of the web and mobile application designed for teams to improve communication, organization, and collaboration. Backed by 8VC, Founders Fund, Andreessen Horowitz, Benchmark and more.
Meeting Management
Diligent (2001, NYC, $30M) – Cloud-based board portal software for collaboration among corporate boards and senior executives. Got acquired by Insight Venture Partners for $624M in 2016.
Teem (2012, Slat Lake City, $21.5M) – Provides room booking software and workplace analytics software. Backed by NGP, Origin Ventures, Zetta Venture Partners, Greycroft Partners, GE Ventures, Peak Venture, Royal Street Ventres and more.
Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
For latest updates, visit Enterprise Collaboration feed.