Read AI raises $21M from Goodwater and Madrona, adds AI summaries for email and messaging
GeekWire | Slack
by Todd Bishop
2w ago
Read AI’s latest feature will summarize emails and messages across platforms by topic. (Read AI Image) Artificial intelligence startup Read AI raised $21 million in new funding from Goodwater Capital and Madrona Venture Group, and expanded its feature set by adding AI-generated recaps of email conversations and messaging threads. The announcements Tuesday morning are designed to set the stage for a new phase of growth at the 20-person company, building on its existing momentum with AI-generated summaries of online meetings. Read AI plans to grow to more than 40 people in the short term, said D ..read more
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Microsoft will unbundle Teams in Europe in response to antitrust probe
GeekWire | Slack
by Todd Bishop
8M ago
Microsoft says it’s unbundling Teams for business customers in Europe and improving Office interoperability for rival software vendors in a proactive attempt to appease antitrust regulators. (Bigstock Photo) Microsoft will no longer include Microsoft Teams in Microsoft 365 and Office 365 for its primary business customers in the European Economic Area and Switzerland as of Oct. 1, and will drop the price of the productivity suites to reflect the change. The move is one of three changes announced by the company Thursday morning, following the European Commission’s announcement in July that it w ..read more
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After selling last startup to ZoomInfo, SAP and Microsoft vet raises $5M for new Seattle company
GeekWire | Slack
by Nate Bek
11M ago
Worknet CEO Ami Heitner. (Worknet Photo) The news: Worknet, a startup helping enterprises integrate external communication into Slack and Microsoft Teams, emerged from stealth mode and announced $5 million in fresh cash. The team: The Redmond, Wash.-based company is led by CEO Ami Heitner. The former SAP and Microsoft exec co-founded Komiko, a machine learning platform that gathered customer insights from email. The Seattle-based startup was acquired by ZoomInfo in 2019. Heitner is joined by CTO Oded Breiner, the co-founder of Tel Aviv, Israel-based game publisher AppCentral, and Chief Re ..read more
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Salesforce stops reporting individual revenue figures for Slack and Tableau
GeekWire | Slack
by Nate Bek
11M ago
Salesforce CEO Marc Benioff speaks at CES in Las Vegas. (GeekWire Photo / Kevin Lisota) Salesforce said it would no longer divulge the individual revenue numbers of acquired companies including Slack and Tableau in its quarterly earnings filings and instead focus on percentage changes. Initial signs of the new reporting standard came Wednesday when the customer-relationship giant released earnings for the quarter ended April 30. The change reflects a “standard approach for acquired companies at this stage,” a Salesforce spokesperson told GeekWire in an email Thursday. In the past, Salesforce p ..read more
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Salesforce revenue up 24%; Tableau up 18%; Benioff sees little impact from economic turmoil
GeekWire | Slack
by Todd Bishop
2y ago
Salesforce co-CEO Marc Benioff says the company is “not seeing any material impact” from the uncertain global economy. (GeekWire File Photo / Kevin Lisota) Salesforce revenue rose 24% to $7.4 billion in quarterly results that investors were watching closely for clues about the direction of corporate technology spending amid concerns about the direction of the global economy. “So far, we’re just not seeing any material impact from the broader economic world that all of you are in,” said Marc Benioff, the Salesforce founder and co-CEO, on a conference call discussing the company’s fiscal first q ..read more
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Tableau’s new CEO Mark Nelson on life inside Salesforce, and the company’s future in Seattle
GeekWire | Slack
by Todd Bishop
3y ago
Mark Nelson was named Tableau Software CEO in March, leading the Seattle-based company as part of Salesforce, filling a vacancy created by the departure of his predecessor, Adam Selipsky, to become the new Amazon Web Services CEO. (Tableau and GeekWire Photos) Seattle-based Tableau Software is no longer an independent publicly traded company, but it’s back under the watchful eyes of Wall Street for a different reason. Salesforce bought the data visualization company for more than $15 billion in 2019, its largest acquisition at the time. Now, with Salesforce close to completing its acquisition ..read more
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Salesforce discloses Tableau results for first time since $15.7B deal, offering new Slack clues
GeekWire | Slack
by Todd Bishop
3y ago
Salesforce CEO Marc Benioff speaks at CES in Las Vegas. (GeekWire Photo / Kevin Lisota) Seattle-based Tableau Software generated $394 million in revenue for Salesforce in its first fiscal quarter, up 38% from a year ago. That’s up significantly from Tableau revenue growth of 15% in early 2019, in the data visualization technology company’s final earnings report as an independent operation. Salesforce completed the $15.7 billion acquisition in August 2019. Tableau was involved in eight of the San Francisco-based company’s top 10 customer deals for the recent quarter. Salesforce graphic, disclos ..read more
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Shuffl helps create new social interactions on Slack to spark joy between coworkers
GeekWire | Slack
by Lisa Stiffler
3y ago
Shuffle co-founders Chris Watts (left) and Mathew Lee. (David Rzegocki Photo) Two years ago, while Matthew Lee was on a sabbatical between jobs, he reflected on his career highlights. “There are certain jobs that I had that I really loved, and some were just a job,” Lee said. “The key component was the people.” That got him thinking about the ways he could use technology to improve work experiences for others by helping people engage with their colleagues. He perused his professional and personal network and realized that his childhood friend Chris Watts had made a tool that randomly matched p ..read more
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Update: Slack is back after starting 2021 with widespread outage
GeekWire | Slack
by Todd Bishop
3y ago
[Update, Monday afternoon: Slack is back after its morning outage. On its system status page, the company offers instructions for any users still experiencing problems. The cause hasn’t been identified, but Slack says it plans to issue an update summarizing the issue.] If you weren’t ready to return to work on Monday morning, you weren’t alone: neither was Slack, apparently. The communication and collaboration service suffered a widespread outage just as workers were returning to their virtual workstations after the long holiday. As of publication time, Slack is back for some users, but the co ..read more
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They make a good Teams: Slack CEO’s virtual wedding could take place on rival Microsoft tool
GeekWire | Slack
by Kurt Schlosser
3y ago
Slack CEO Stewart Butterfield and Away co-founder Jennifer Rubio. (Instagram Photo via @Jennifer) Three weeks into his $27.7 billion honeymoon phase with Salesforce, Slack CEO Stewart Butterfield’s real wedding could have an unwelcome guest of sorts, in the form of rival Microsoft Teams. The ironic, collaboration-software-technology twist was delivered in a tweet on Monday by Butterfield’s fiancée, Jen Rubio, co-founder and president of the luggage brand Away. Rubio said that she and Butterfield — described by some as Silicon Valley’s newest “it” power couple — were planning to get married vir ..read more
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