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Tracxn – Analyst Notes # 1328 – Enterprise Collaboration

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Analyst Picks

  • WorkMarshal (2017, Mumbai) – Task assignment and project management software
    Market: Enterprise Collaboration > Project Management > Suite
  • Ayoga (2016, Bangalore) – Cloud-based collaboration platform for project management
    Market: Enterprise Collaboration > Project Management > Suite
  • Unito (2015, Montreal, $2.6M) – Integration platform for tasks created in different platforms related to software development
    Market: Enterprise Collaboration > Project Management > Team and Task Management
  • Zube (2015, San Francisco) – Project management for GitHub issues
    Market: Enterprise Collaboration > Project Management > Suite
  • Hive (2015, New York City) – SaaS based Task Management Software
    Market: Enterprise Collaboration > Project Management > Team and Task Management

Funding Rounds

Series F, $150M
Fuze (2006, Cambridge, $500M) – Cross-platform video conference

Investors: Summit Partners, Bessemer Venture Partners

Series C, $40M
Parsable (2013, San Francisco, $68M) – Collaboration app for industrial teams

Investors: Future Fund, Lightspeed Venture Partners, Airbus Ventures, Saudi Aramco, B37 Ventures

Conventional Debt, $25M
Mitel (1973, Kanata, $1.0M) – Integrated communication and Collaboration platform

Series A, $15M
Starmind (2010, Zurich, $15M) – AI-based software that make company know how available to employees

Investors: Digital+ Partners

Series A, $14.2M
Avaamo (2014, Los Altos, $23.5M) – Mobile-first enterprise secure messaging

Investors: Intel Capital, Ericsson, Mahindra Partners, Wipro, WI Harper Group

Series A, $7.8M
AnyDesk Software (2014, Stuttgart, $7.8M) – Remote desktop access application

Investors: EQT Ventures, Chris Hitchen, Andreas Burike

Series A, $5M
Clausematch (2012, Arundel, $6.8M) – Trading agreements negotiation platform

Investors: Index Ventures, Speedinvest, Talis Capital, Tom Glocer, Cristobal Conde

Series A, $5M
Targetprocess (2004, Amherst, $5M) – Project management software

Investors: EBRD, Zubr Capital

Seed, $4.5M
Slite (2016, Paris, $4.5M) – Note app for teams

Investors: Index Ventures, Y Combinator, EFounders, Nicolas Dessaigne

Seed, $2MUnito (2015, Montreal, $2.6M) – Integration platform for tasks created in different platforms related to software development
Investors: Mistral Ventures, 500 Startups, Social Capital, Real Ventures, YUL Ventures, Tom Williams

Seed, $1M
Coviu (2014, Eveleigh, $1M) – Web-based interactive video calls and conferencing using WebRTC

Investors: mseq.vc

Series A
HyperScience (2013, New York City, $28.9M) – AI-based data processing and automation

Investors: QBE Group

Post IPO
Dropbox (2007, San Francisco, $607.2M) – Cloud-based file sharing and synchronization software

Investors: Salesforce

M&A

  • Cisco buys Accompany for $270 million, puts CEO in charge of collaboration as Trollope leaves ZDNet
  • BRIEF-Permira Funds To Acquire Cisco’s Service Provider Video Software Solutions Business Reuters
  • BRIEF-Canada’s Mitel Networks Corp To Be Bought By Investor Group In $2 Bln DealReuters
  • Voicera Acquires Mobile App Wrappup To Expand AI Virtual Assistant, Eva, Beyond Conference Calls PR Newswire
  • London tech startup LoopUp confirms £61m takeover of MeetingZone City A.M.
  • Dialpad gets AI injection with TalkIQ acquisition TechCrunch
  • 8×8 bolsters AI capabilities with MarianaIQ acquisition Comms Dealer
  • quip Announces It Is Acquiring Afora To Open Up Access To Affordable Dental Care Plans PRWeb
  • Interfax sold to US tech firm in €30m deal independent.ie
  • Synacor Brings Zimbra X Email and Collaboration Platform to Blockchain Business Wire

New Fund Launch

Funds Raising Funds

  • Entrée Capital Ventures launches USD80m Israel-focused early-stage fund Private Equity Wire

New Product Announcement

  • Dropbox rolls out a templates tool for its Paper online document service TechCrunch
  • Avaya to Accelerate Cloud Contact Center Adoption for Asia-Pacific Market PR Newswire
  • Lexmark Introduces New Generation of Mid-Range Monochrome Products PRWeb
  • OpenText Secures Digital Transformation Across the Intelligent and Connected Enterprise PR Newswire
  • Upland Software Speeds Requests for Proposal (RFP) Through Upgraded Integrations with Microsoft Office 365 and Salesforce® Solutions PR Newswire
  • GlobalSCAPE Introduces New Product and Support Bundles Tailored to Align with Users’ Business Objectives and Provide Superior Value Business Wire
  • Zoho launches Zoho One in UAE uaenews247
  • Telegram Unveils Telegram Passport, the First Service for Its Future Telegram Open Network (TON) Coinspeaker
  • Hive Launches Predictive Analytics to Eliminate Stressful, Reactive Work Technology-Signals
  • XgenPlus launches VideoMeet App on IOS, Android Asian News International
  • DocsCorp to Unveil New Integrations with iManage Work 10 at ConnectLive 2018Business Wire
  • Dropbox rolls out new AdminX tools for data management ZDNet
  • Upland Software Enables Superior Customer Service and IT Support Through Upgraded Version of its KCS® v6 Verified Knowledge Management (KM) Solution PR Newswire
  • Cisco Launches START Products for Small Businesses in Gujarat SMEStreet
  • Cisco Teases SD-WAN Security Bundle SDxCentral
  • This tech startup is starting a net neutral, independent Internet Digital Journal
  • Workfront Enables a Connected Enterprise with Launch of New Integration Platform, Workfront Fusion™ PR Newswire
  • Ephesoft introduces new mortgage document capture platform Verdict

New Geo Entry

  • RingCentral Expands with New Australia Office, Regional Channel Chief Channel Partners Online
  • Mavenlink Expands to Asia-Pacific With New Office in Melbourne PR Newswire

Business Partnership

  • Cisco drops Spark name, folds collaboration app into Webex Telecompaper
  • Zoom announces partnership with Myntra for its new avatar Indiatimes
  • Avaya and Afiniti Partner to Bring Unique and Proven, AI-Driven Behavioral Pairing to the Contact Center Business Wire
  • AppDynamics and Cisco Announce Kubernetes Support APMdigest

Company Announcement

  • Cisco pulls all online ads from YouTube Reuters
  • Slack adds 1 million paying users amid increasing competition Reuters

Earnings Release

  • BRIEF-Dropbox Reports Q1 Loss Per Share $2.13 Reuters
  • Cisco quarterly revenue rises 4.4 percent financetime.org
  • Atlassian Announces Third Quarter Fiscal Year 2018 Results Business Wire

Lawsuit

  • GIranian officials are no longer allowed to use Telegram Engadget

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