Remove Knowledge Remove Knowledge Worker Remove Money
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It’s time to abandon business intelligence tools

TechCrunch

Organizations spend ungodly amounts of money — millions of dollars — on business intelligence (BI) tools. According to the 2021 State of Analytics report, 99% of knowledge workers had to spend additional time searching for information they couldn’t easily locate in their analytics solution. Why is this the case?

Tools 136
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Oyster, an HR platform for distributed workforces, snaps up $50M on a $475M valuation

TechCrunch

We understand that the funding is coming in at a $475 million valuation, six times the company’s valuation when it last raised money — a $20 million round just four months ago. The company now works with 80 large businesses, he said, helping them fill knowledge worker roles. Oyster is not — yet?

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OpenAI leads $23.5M round in Mem, an AI-powered note-taking app

TechCrunch

The investment values Mem at $110 million post-money and brings the startup’s total raised to $29 million. There’s no doubt knowledge-seeking tasks are time-consuming. We combine knowledge sources across the individual, team and organizational levels, leading to significantly better performance across the board.”

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Magical makes $35M appear to move data between webpages

TechCrunch

“We view our main competitors as soul-crushing tasks that every knowledge worker finds themselves doing every day — like typing the same message over and over or copy-and-pasting data across tabs. We see so many knowledge workers still relying on these manual, outdated ways of working,” Sambhi said.

Data 84
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Scratchpad snags $13M Series A to simplify Salesforce data entry

TechCrunch

Co-founder and CEO Pouyan Salehi says that he wasn’t really looking to add capital, but the investors understood his vision and the money will help accelerate the product roadmap. The company has now raised a total of $16.6 million including the $3.6 million seed round we covered in October.

Data 93
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Freelancer marketplace Toptal sues Andela and ex-employees, alleging theft of trade secrets

TechCrunch

” Toptal claims that for Andela to pull off a “perfect clone of its business,” it poached key Toptal employees to exploit their knowledge, and that the ex-employees knowingly breached their confidentiality and non-solicitation obligations to Toptal. But there was one condition: Toptal had to raise more money.

Africa 103
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Nana nabs $6M for an online academy and marketplace dedicated to appliance repair

TechCrunch

A lot of the focus in online education — and, let’s face it, education overall — has been about professional development for knowledge workers, education for K-12 and how best to deliver cost-effective, engaging higher learning to those in college and beyond. “There are 5.9 and try their luck there.

Online 99