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On the heels of Personio raising a big round yesterday , one of its competitors and another big startup in the area of HR has also picked up some funding. The funding values the company at around $1.65 Hibob last raised money about 10 months ago, a $70 million round in December 2020 (a round led by SEEK and Israel Growth Partners).
On the heels of Amazon about to launch a new enterprise service to detect whether a machine is working well or not based on external physical changes in sound, vibration and temperature, a startup that has already built a big business in the space is announcing a big growth round of funding.
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Knowledgeworkers — those whose professions tend to be anchored to desks or computers — have long been the most obvious and primary focus for a lot of B2B apps and services. Today, one of the startups targeting smaller businesses in the area of field service is announcing a round of funding that underscores that trend.
Today, a startup that is building tools to improve that experience is announcing a big round of funding to expand its business. This was his first job after spending time in Israel’s IDF, and so after six years of working first for the startup and then IBM in effectively a similar role, he had itchy feet and wanted to do more.
And now, there’s going to be a million startups with funding to come into this space. We acquired a company in Israel last year that was basically the business version of AI video editing. The downside is the secret was out, that this was a great industry. For years, we’ve been like, “This is a thing.” It was founded by PhDs in AI.
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