Collaborate Disseminate
Enterprise recruiting company iCIMS is announcing that it has acquired Altru. iCIMS declined to comment on the terms of the deal, but a source with knowledge of the companies told us that the price is a combination of cash and stock, totaling around $60 million. Founded in 2000, iCIMS offers a “talent cloud” used by […] Continue reading iCIMS acquires video recruiting startup Altru for $60M
We learn more about Slack’s future, Revolut adds new payment features and DoorDash pushes its IPO range upward. This is your Daily Crunch for December 4, 2020. The big story: Slack and Salesforce execs explain their big acquisition After Salesforce announced this week that it’s acquiring Slack for $27.7 billion, Ron Miller spoke to Slack […] Continue reading Daily Crunch: Slack and Salesforce execs explain their big acquisition
Salesforce announces its acquisition of Slack, Amazon brings the Mac mini to the cloud and Google Maps gets a newsfeed. This is your Daily Crunch for December 1, 2020. The big story: Salesforce buys Slack for $27.7B The acquisition, which was first reported last month, is now official. “This is a match made in heaven,” […] Continue reading Daily Crunch: Salesforce buys Slack for $27.7B
Kyklo, a startup that helps wholesale distributors of electrical and automation products launch e-commerce stores, is announcing that it has raised $8.5 million in seed funding. The industry may sound a bit arcane, but it’s one that founders Remi Ducrocq (Kyklo’s CEO) and Fabien Legouic (CTO) know from having worked at Schneider Electric. Ducrocq said […] Continue reading Kyklo raises $8.5M to bring electrical distributors online
Video communication startup Livestorm announced today that it has raised $30 million in Series B funding. Co-founder and CEO Gilles Bertaux told me that the company started out with a focus on webinars before launching a video meeting product as well (which we used for our interview). “The way we think about it is, webinars […] Continue reading Livestorm raises $30M for its browser-based meeting and webinar platform
Vimeo has raised $150 million in new equity funding, announced in conjunction with the third quarter earnings of its parent company IAC. In a letter to shareholders, IAC CEO Joey Levin said the company has “begun contemplating spinning Vimeo off to our shareholders.” “Given Vimeo’s success, and investor adulation for the Software-as-a-Service (SaaS) category generally, […] Continue reading Vimeo raises $150M, while IAC is ‘contemplating’ a spin-off
Stensul, a startup aiming to streamline the process of building marketing emails, has raised $16 million in Series B funding. When the company raised its $7 million Series A two years ago, founder and CEO Noah Dinkin told me about how it spun out of his previous startup, FanBridge. And while there are many products focused […] Continue reading Email creation startup Stensul raises $16M
If you miss hanging out with your coworkers but don’t want to spend a single second more on Zoom, the latest product from Donut might be the answer. The startup is launching its new Watercooler product today while also announcing that it has raised $12 million in total funding, led by Accel and with participation from […] Continue reading Donut launches Watercooler, an easy way to socialize online with coworkers
Zoom adds a much-requested feature (but with a catch), TikTok partners with Shopify and Jack Dorsey lays out his argument for tomorrow’s Senate hearing. This is your Daily Crunch for October 27, 2020. The big story: Zoom adds end-to-end encryption to free calls Zoom was criticized earlier this year for saying it would only offer […] Continue reading Daily Crunch: Zoom adds end-to-end encryption to free calls
Vimeo Record is a new product that allows teams to communicate through video messages. Vimeo CEO Anjali Sud said that while the pandemic has prompted many offices to embrace digital communication tools like Zoom, “There’s a whole host of work communication that needs asynchronous messaging.” Besides, sometimes a video can get your message across more […] Continue reading Vimeo introduces free video messaging with Vimeo Record