In the world of technology, online learning has been one of the bigger beneficiaries of the last several months, with people staying home and away from their normal routines because of the coronavirus pandemic and using that time to expand their knowledge, or more critically, figure out what to do next if they want to change careers, or have found themselves without a job.
When the data science platform Pachyderm first launched in 2014, open source project Hadoop was the only major big data player on the market (the startup’s name is actually an early jab at Hadoop, which has an elephant in its logo).
Pachyderm’s business didn’t really take off until 2017, says cofounder Joey Zwicker, when the demand for data science skyrocketed. From there, the startup started attracting the attention of venture capitalists and large business customers alike.
Kenyan startup WorkPay, which builds human resources (HR) and payroll solutions for Africa, has raised US$2.1 million in seed funding to fuel its growth.
Originally called TozzaPlus until it rebranded in 2019, WorkPay is a cloud-based human resources management and payroll solution for small and medium-sized businesses (SMBs) in Africa. The startup’s time tracking and salary disbursement tools help African businesses save money and time by eliminating ghost workers from their payroll and inefficiencies associated with cash payments.
The battle for the increasingly popular frizzy water market in the U.S. is heating up as Asian-inspired brand Sanzo has just closed a $1.3 million seed funding to expand distribution.
This round was led by entrepreneurs and angel investors, whom Sanzo’s founder and CEO Sandro Roco believes have a better understanding of his entrepreneurial journey than VC funds, including co-founder of Away, Jen Rubio; CPO and EVP at Adobe Creative Cloud, Scott Belsky; Boba Guys’ co-founders, Andrew Chau and Bin Chen.
Big news today in the world of enterprise IT startups. Rippling, the startup founded by Parker Conrad to take on the ambitious challenge of building a platform to manage all aspects of employee data, from payroll and benefits through to device management, has closed $145 million in funding — a monster Series B that catapults the company to a valuation of $1.35 billion.
Parker Conrad, the CEO who co-founded the company with Prasanna Sankar (the CTO), said in an interview that the plan will be to use the money to continue its own in-house product development (that is, bringing more tools into the Rippling mix organically, not by way of acquisition) but also to have it just in case, given everything else going on at the moment.