Pangea.app raises $400K pre-seed round to help connect student workers with businesses

Pangea.app, a Providence, Rhode Island-based startup has raised a $400,000 pre-seed round, it told TechCrunch this week. The company’s new capital, raised as a post-money SAFE, comes from PJC, a Boston-based venture capital firm and Underdog Labs. Previously, Pangea.app raised money from angel investors.

The company links “remote college freelancers,” per its website, to businesses around the country. College students want paid work and resume-building experience, while businesses need help with piece-work that students can help with, like graphic design. Today, with colleges and universities closing due to COVID-19, students stuck at home, and many businesses leery about adding new, full-time staff, Pangea.app could find itself in a market sweet spot.

Some students that had work lined up for the summer are now unexpectedly free, possibly adding to the startup’s labor rolls. “I can’t tell you how many students I’ve spoken with who have had summer internships and on-campus jobs canceled,” Adam Alpert, Pangea.app’s CEO and co-founder told TechCrunch, “we are filling an important gap helping them find short-term, remote opportunities that enable them to contribute while learning.”

Pangea.app CEO Adam Alpert and CTO John Tambunting

If its marketing position resonates as its CEO hopes, the firm could see quick growth. According to Alpert the company has seen five figures of contracts flow through its platform to date, and expects to reach a gross merchandise volume run rate that’s a multiple of its current size by the end of summer.

Some 250 schools have students on the platform; 60 schools have joined in the last three weeks.

Pangea.app makes money in two ways, taking a 15% cut of transaction volume and charging some companies a SaaS fee for access to its best-vetted student workers. The company had targeted a $500,000 raise, a sum that Alpert says he’s confident that his company can meet.

While the national economy stutters and the venture capital world slows, Pangea.app may have picked up capital at a propitious time; raising capital is only going to get harder as the year continues and it now has enough to operate for a year without generating revenue; it will generate top line, however, extending its cash cushion.

Pangea.app aspires to more than just growth. Alpert told TechCrunch that it has a number of development-focused hires on the docket for 2020, including a UI/UX designer and engineering talent. The company also intends to use its own platform to staff up over the summer to help speed up its own development.

Being based in Providence, not precisely the center of the world’s startup gravity, may have some advantages for Pangea.app. The company said that it is working to reach break-even profitability before it works on the next part of its business. It’s easier to do that in Providence where the cost of living and doing business is far lower than it is in larger startup hubs.

Update: The round was a pre-seed investment, not a seed deal as originally reported. The post has been corrected. 


Source: Tech Crunch

Pedaling-in-place with the Cubii Pro

So it has come to this. I haven’t set foot outside my apartment for a week and a half. YouTube yoga has been a kind of lifesaver, and I happened to have a largely untouched 30-pound kettlebell lying around. My Apple Watch has been mostly untouched, however. The stark realities of woefully underperforming exercise minutes and step counts are just too much on top of everything else.

Honestly, I scoffed a bit when a friend initially recommended an under-desk elliptical. But those were better days, when I was still able to take the bicycle out for a socially distant spin. Due to doctor’s orders, however, I now find myself unable to travel beyond the mailbox in my building lobby — and even that feels like tempting fate some days.

Now here I am, peddling away, writing a review of the Cubii Pro. It’s not a new product, exactly. But it’s certainly having its moment. In normal times, the device seems a silly bit of office “fitness” paraphernalia, designed to counteract the dangers of prolonged sitting we’ve frequently been warned against.

But if sitting was the new smoking in 2019, it’s simply the new reality in this era of self-quarantine. We’ll take our exercise wherever we can sneak it in — even if that means little more than walking between the desk and the kitchen most days. The Cubii line of products are by no means a replacement for more full-bodied exercise, but they’re a valiant attempt to help falling victim to complete atrophy.

As the name implies, the Pro is a step up from the standard Cubii that was launched via a Kickstarter campaign back in 2016. At $349, it’s an investment, with the biggest upgrades coming in the form of Bluetooth connectivity. There’s an app for iOS and Android that connects to third-party tracking software like Apple Health. That’s a pretty solid add-on, frankly, for those who’ve put a lot of stock in closing their Apple Watch rings.

The device ships mostly assembled. You’ll need to take it the last mile by attaching the pedals. And hey, free screwdriver. That’s simple enough. Honestly, the biggest headache about set up is charging the thing. The Pro is significantly larger and heavier than I’d initially anticipated, and it charges via microUSB. That means unless you’ve got a long cable, you’re going to have to find a spot to stick it near an outlet for an extended period. I don’t have floor outlets in my small apartment, so I had to get creative.

Charging takes a while, too. It’s best done overnight, if you can manage. The good news on that front, however, is it will stay charged for a while. I don’t anticipate having to charge it more often than every few weeks.

The size is also a constraint from the standpoint of use. The device’s length meant I had to pull my desk out from the wall a bit to use it. I also find myself having to sit back a bit, so as to avoid banging my knees on the bottom of the desk. Honestly, it’s probably best used while seated on a couch, watching TV (a laptop is too much to ask without a desk). If your office chair rolls as mine does, you’ll once again find yourself getting creative. The aforementioned kettlebell is getting even more use these days, as it currently sits between chair legs, hampering me from rolling backward with every peddle.

Those quibbles aside, I’ve mostly been enjoying my time with the product. The movement is smooth, the Bluetooth connection works well (though you may have to open the app to get it started) and there are eight resistance settings to keep things fresh. In other circumstances, I couldn’t imagine spending that much on this sort of product, but these are unique times. For those who still have trouble leaving the home even after things go mostly back to normal, it’s a nice, portable alternative to far pricier home exercise devices, with a solid little app to boot.


Source: Tech Crunch

Incoming IBM CEO Arvind Krishna faces monumental challenges on multiple fronts

Arvind Krishna is not the only CEO to step into a new job this week, but he is the only one charged with helping turn around one of the world’s most iconic companies. Adding to the degree of difficulty, he took the role in the midst of a global pandemic and economic crisis. No pressure or anything.

IBM has struggled in recent years to find its identity as technology has evolved rapidly. While Krishna’s predecessor Ginni Rometty left a complex legacy as she worked to bring IBM into the modern age, she presided over a dreadful string of 22 straight quarters of declining revenue, a record Krishna surely hopes to avoid.

Strong headwinds

To her credit, under Rometty the company tried hard to pivot to more modern customer requirements, like cloud, artificial intelligence, blockchain and security. While the results weren’t always there, Krishna acknowledged in an email employees received on his first day that she left something to build on.

“IBM has already built enduring platforms in mainframe, services and middleware. All three continue to serve our clients. I believe now is the time to build a fourth platform in hybrid cloud. An essential, ubiquitous hybrid cloud platform our clients will rely on to do their most critical work in this century. A platform that can last even longer than the others,” he wrote.

But Ray Wang, founder and principal analyst at Constellation Research, says the market headwinds the company faces are real, and it’s going to take some strong leadership to get customers to choose IBM over its primary cloud infrastructure competitors.

“His top challenge is to restore the trust of clients that IBM has the latest technology and solutions and is reinvesting enough in innovation that clients want to see. He has to show that IBM has the same level of innovation and engineering talent as the hyper scalers Google, Microsoft and Amazon,” Wang explained.

Cultural transformation


Source: Tech Crunch

Altman and others want to crowdfund 1 billion masks in the next 180 days

Sam Altman, former president of Y Combinator and CEO of OpenAI, tweeted out his goal to secure 1 billion masks in 180 days. The public just needs to crowdfund those masks, first.

Altman, along with his brother Max Altman, an employee at Rippling; Radu Spineanu, the co-founder of Two Tap; Tinnei Pang, a designer at Mercari US; and others, are all working with suppliers in China to get 1 billion single-use masks to help the broader U.S. population, from service workers to those in hospitals but not directly working with COVID-19 patients.

The tech leaders will not be financing these masks themselves, but instead have asked the public to crowdfund a large order.

“This is a somewhat unusual market—the most effective way to guarantee supply is to pay up front so that factories can buy the equipment and supplies they need, and buying in bulk leads to significant cost savings,” the site reads.

“We won’t be funding any of these masks — we’re working with a few other groups to help fund getting [personal protective equipment] for medical workers. The goal of this project is to get surgical masks to places that need them at a dramatically lower rate than they could ever get themselves,” Max Altman wrote in an e-mail to TechCrunch.

According to the initiative’s website, none of the organizers will make money from the mask production.

Users can visit the 1billionmasks.com website and submit a form of “indication of interest.” If there’s enough demand, according to the team, an order form will appear on the site, and approved buyers will sign a contract and submit a payment to then “crowdfund” the masks.

If the demand hits a certain point, the team will be able to sell masks at 32 cents per mask, not inclusive of taxes and duties. If there is less demand, that price will be higher.

The masks are not meant to replace the dramatic shortage of N95 masks we’re seeing across the country, but rather to stop those not on the front lines from buying scarce N95 masks.

N95 masks are necessary because they filter out small particles, which is key for healthcare workers on the front lines caring for COVID-19 patients. This doesn’t mean that others don’t need to wear masks — and in fact, the WHO and CDC both recommend the use of masks broadly. Because of the recommendation, many DIY mask tutorials have been created, urging folks to use materials ranging from scarves to socks.

There has been a flurry of efforts from the private tech sector to help with medical shortages across the country. Apple, for example, sourced over 20 million protective masks and is now building “face shields.” Smaller companies are stepping up too: a heating filter company, a robotics startup and an architecture startup have all independently shifted operations to start making masks and ventilators.

The option that Altman and his team are providing has been rated for bacterial infiltration for people not on the front lines. The mask option is closer to a surgical mask than an N95 mask. Surgical masks do not provide as much respiratory protection as an N95 respirator, but do protect against droplets and large respiratory particles. According to the CDC, “most surgical masks do not effectively filter small particles from the air and do not prevent leakage around the edge of the mask when the user inhales.”

According to the website, the masks could be distributed by state and local governments, institutions, organizations and companies to essential workers, like grocery shoppers or delivery people.

Deliveries would start to arrive in Long Beach three to four weeks from the first order and then continue weekly for six months. Long Beach is the drop-off point because it is the location that the team can get supplies to the quickest, according to Max Altman.


Source: Tech Crunch

Free tool helps manufacturers map where COVID-19 impacts supply chain

Assent Compliance, a company that helps large manufacturers like GE and Rolls Royce manage complex supply chains through an online data exchange, announced a new tool this week that lets any company, whether they’re a customer or not, upload bills of materials and see on a map where COVID-19 is having an impact on their supply chain.

Company co-founder Matt Whitteker, says the Ottawa startup focuses on supply chain data management, which means it has the data and the tooling to develop a data-driven supply chain map based on WHO data identifying COVID hotspots. He believes that his is the only company to have done this.

“We’re the only ones that have taken supply chain data and applied it to this particular pandemic. And it’s something that’s really native to our platform. We have all that data on hand — we have location data for suppliers. So it’s just a matter of applying that with third party data sources (like the WHO data), and then extracting valuable business intelligence from it,” he said.

If you want to participate, you simply go to the company website and fill out a form. A customer success employee will contact you and walk you through the process of uploading your data to the platform. Once they have your data, they generate a map showing the parts of the world where your supply chain is most likely to be disrupted, identifying the level of risk based on your individual data.

The company captures supply chain data as part of the act of doing business with 1000 customers and 500,000 suppliers currently on their platform. “When companies are manufacturing products they have what’s called a bill of materials, kind of like a recipe. And companies upload their bill of materials that basically outlines all their parts, components and commodities, and who they get them from, which basically represents their supply chain,” Whitteker explained.

After the company uploads the bill of materials, Assent opens a portal for the companies to exchange data, which might be tax forms, proof of sourcing or any kind of information and documentation the manufacturer needs to comply with legal and regulatory rules around procurement of a given part.

They decided to start building the COVID-19 map application when they recognized that this was going to have the biggest supply chain disruption the world has seen since World War II. It took about a month to build it. It went into Beta last week with customers and over 350 signed up in the first two hours. This week, they made the tool generally available to anyone, even non-customers, for free.

The company was founded in 2016 and raised $220 million, according to Whitteker.


Source: Tech Crunch

Seeqc raises $5M to help make quantum computing commercially viable

Seeqc, a startup that is part of a relatively new class of quantum computing companies that is looking at how to best use classical computing to manage quantum processors, today announced that it has raised $5 million from M Ventures, the strategic corporate venture capital arm of Merck, the German pharmaceutical giant. Merck will be a strategic partner for Seeqc and will help it to develop its R&D efforts to develop useful application-specific quantum computers.

With this, New York state-based Seeqc has now raised a total of $11 million, including a recent $6.8 million seed round that included BlueYard Capital, Cambium, NewLab and the Partnership Fund for New York City.

Since developing new pharmaceuticals is an obvious use case for quantum computing, it makes sense that large pharmaceutical companies are trying to get ahead of their competitors by making strategic investments in companies like Seeqc.

The company is a spin-out of Hypres, a company that specializes in building superconductor-integrated circuits. Hypres itself had raised about $100 million in total and notes that much of the work it did on building its solutions are now part of Seeqc.

As a company spokesperson told me, the idea behind Seeqc is to bring today’s room-sized quantum computers down to a more manageable scale. It’s doing so by combining its (and Hypres’) expertise in building superconductors with a hybrid approach to combine analog and digital. This includes digital qubit control and readout, together with the company’s own proprietary chip technology that integrates classical and quantum circuits into a hybrid system (and by default, quantum computers are hybrid systems that need a classical computer to control them).

The company argues that co-locating the classical compute with the quantum processor is critical to achieving the best performance. And since it owns and operates its own fab to build these chips, Seeqc also believes that it is one of the few companies that has the right infrastructure and expertise in place to design, test and build these superconductors.

“The ‘brute force’ or labware approach to quantum computing contemplates building machines with thousands or even millions of qubits requiring multiple analog cables and, in some cases, complex CMOS readout/control for each qubit, but that doesn’t scale effectively as the industry strives to deliver business-applicable solutions,” said John Levy, co-chief executive officer at Seeqc. “With Seeqc’s hybrid approach, we utilize the power of quantum computers in a digital system-on-a-chip environment, offering greater control, cost reduction and with a massive reduction in energy, introducing a more viable path to commercial scalability.”

The company believes that its approach can cut the cost of today’s large-scale quantum computers to 1/400th. All of this, of course, is still a while out and, for now, the company will use the new funding to build a small-scale version of its system.

“We’re excited to be working with a world-leading team and fab on one of the most pressing issues in modern quantum computing,” says Owen Lozman, vice president at M Ventures . “We recognize that scaling the current generations of superconducting quantum computers beyond the noisy intermediate-scale quantum era will require fundamental changes in qubit control and wiring. Building on deep expertise in single flux quantum technologies, Seeqc has a clear, and importantly cost-efficient, pathway towards addressing existing challenges and disrupting analog, microwave-controlled architectures.”

Seeqc is, of course, not the only startup working on more efficient quantum control schemes. Quantum Machines, for example, also recently raised quite a bit of venture capital for its hardware/software quantum orchestration platform that also includes a custom processor, though that company’s overall approach is quite different from Seeqc’s.


Source: Tech Crunch

I had COVID-19, but my tech guilt is worse

I’ve been infected with the novel coronavirus for at least three weeks.

It started with my partner coughing and feeling very tired. A couple of days later, I started showing the same symptoms.

As a medical professional, he was required to get tested and I followed suit within days. We both tested positive and have been recovering at home since.

The symptoms have been up and down over the past two weeks. After the first few days, the mild cough gave way to an unrelenting one and the feeling of being tired gave way to being completely drained at all hours. My partner completely lost his sense of smell.

A week into having COVID-19, we thought we’d turned a corner, only for more symptoms to manifest. The virus had made its way to my GI tract, adding nausea and an inability to keep my head up without throwing up. Today, two weeks after the first bouts of coughing, we both feel significantly better, but continue to self-isolate as instructed.

Luckily for both of us, we have now been symptom-free for 72 hours, and the symptoms we did have were relatively mild throughout. The experience of getting tested — mandated for my partner to be able to go back to working at the hospital — could not have been easier. I showed up at the hospital and was greeted by a doctor and two nurses. They took a sample and advised me on how best to self-isolate for the next few weeks. The whole thing took less than 15 minutes, and it was only 24 hours later that I got the call confirming that I had tested positive.

My employer has been supportive throughout. They’ve connected me to support services, offered a number of leave options if I were to take time off to deal with the virus, constantly checked in on my prognosis and even sent a work-from-home toolkit complete with a giant monitor, keyboard and mouse. Throughout the self-isolation period, I have been able to work from home — a relatively seamless transition given that my job has long enabled me to work from home when needed. If I needed further healthcare, I can count on the many telehealth options available through my insurance.

What all this cemented is how incredibly fortunate I am, unlike the millions of Americans now losing their jobs. While others have been unable to get tested, my entire testing experience was painless. I have the luxury of being able to work from home. I’m quarantined with my partner and my puppy, so I haven’t gotten lonely. Because I’m still getting my paycheck, I don’t have to worry about making the next rent payment. I’m able to have grocery and takeout deliveries left at my doorstep. If I were to take a turn for the worse, a major hospital is just down the street.

This epidemic has laid bare the incredible differences in privilege within our society, including within tech. Long celebrated as representing the future of work, today thousands of gig workers have lost their main source of income, with no paycheck to count on and no option to work from home. Others, from delivery to warehouse workers, have no choice but to work, even at increased risk of contracting the disease themselves. Thousands in the Bay Area who live alone now risk being completely socially isolated as we continue to be on lockdown, while others with kids and large families now worry about taking care of their children while also working full-time jobs.

Not to mention that the homeless of our cities have no way to self-isolate even if they wanted to. Crowded homeless shelters — to the extent they were available — are no longer an option.

This is a moment where all of us in tech have to come together to help even the scales. Thousands of tech workers are already donating their time and resources, but more can be done:

  • Now is the time to max out our employee match programs to make every dollar we give count more.
  • Donations are needed by Frontline Foods, an effort that started in the Bay Area to provide front-line workers with food and is now scaling globally. More generally food banks are seeing an exponential rise in the demand for their services, with Second Harvest being one to flag in the Bay Area.
  • If you know a co-worker with kids, offer to babysit over video for an hour or two. This can be as simple as playing a game on Houseparty together if they’re 12 or older, or helping them with a lesson their parents have found particularly hard to get through.
  • A lot of us are anxious about getting the virus, so you can only imagine how the elderly and those with underlying health conditions feel. Give your grandparent a call, or donate your time and resources to organizations like Meals on Wheels to make sure they’re getting the nutrition they need to get through this.
  • Many local businesses may close because of the pandemic. Support them by ordering takeout and other delivery services. If you prefer to donate directly, many cities have created funds to provide relief to impacted small businesses, like the Silicon Valley Strong Fund in San Jose.

For the foreseeable future, my only visits to the outside world will be — with mask and gloves on — to walk my dog around the corner. I’ll have plenty of time to reflect on how lucky I am, and the privilege guilt will follow. I’m guessing I’m not alone. Let’s channel our guilt into something good.

The views and opinions expressed in this post are those of the author and do not necessarily reflect the official policy or position of his employer.


Source: Tech Crunch

Facebook to supply free Portals to some care home residents under NHS scheme

The UK government is pulling in tech firms to connect isolated residents and patients in care with family and friends via video call devices and services during the COVID-19 crisis. First to join is Facebook, which is supplying up to 2,050 of its Portal video-calling devices for free to hospitals, care homes and other settings including hospices, in-patient learning disability and autism units. The logistical rollout will be supported Accenture.

Fifty of the devices have already been deployed to pilot sites in Surrey with Manchester, Newcastle and London and other areas to follow,

Iain O’Neilm, NHSX Digital Transformation Director, said in a statement: “Technology companies big and small continue to pledge their resources and expertise to support our NHS and social care system in these unprecedented times. We are working hard to find and develop services that meet people’s equally unprecedented needs. Technology has never been so important to providing one of life’s most essential things – the ability to communicate with the people we love regardless of where they are.”

The NHSX said it is working with “a range of technology companies to support the NHS and social care system.”.

Freddy Abnousi, MD, Head of Health Technology, Facebook said in s statement: “We designed Portal to give people an easy way to connect and be more present with their loved ones…That’s why we are piloting a program with NHSX to provide Portal devices in hospitals and other care settings to support patients and help reduce social isolation.”

Additional solutions to be deployed under the scheme include enabling health and care staff to work remotely if needed; improving communication between clinical and care teams; shifting hospital outpatients to virtual appointments; and accelerating the use of online and video consultations within GP and primary care services.

Commenting, Digital Secretary Oliver Dowden said: “It is great to see Facebook giving care home residents and patients the devices they need to connect with their family and friends at such a challenging time. The technology sector is rising to the challenge at this moment of national emergency and we in government are working closely with them to help people stay home, protect the NHS and save lives.”

Facebook and NHSX have agreed that the care homes and care settings involved in the pilot will be able to keep the devices free of charge, and use as they see fit, following the pilot phase.

Where the Portal devices go will be chosen on the basis of their wifi connectivity and ability to run devices in residents’ rooms or another private location.

At the same time, NHSX said it is exploring connectivity options for care homes without wifi, including the use of 4G hotspots or data-enabled tablets.

The venues for the portals will be advised on how to set them up by the NHSX, as well as infection control and data protection. Concerns about privacy will be addressed by completing a factory reset on the portal before passing the device to a new user.

A Facebook spokesperson said: “Residents/patients will be supported by care staff to initiate calls to family/friends. Each care home/care setting will be free to make their own decisions on how best to manage this; for example, whether to pre-arrange specific call times with families in advance. Staff will be supported with easy-to-use setup guidance, device instructions and guidance on infection control. Care homes will also be asked to assist residents who do not wish to use their own personal accounts by setting up a new, generic personal account to be used instead. Where residents or patients wish to use a personal account, the care home will complete a factory reset before passing the device to a new user.


Source: Tech Crunch

NASA seeks miniature scientific payload concepts for robotic Moon rover scouts

NASA’s Jet Propulsion Laboratory is seeking ideas from the public around what kind of scientific equipment they could use to outfit tiny lunar rovers to help with Artemis and other Moon missions. The call, issued via crowdsourcing platform HeroX and called ‘Honey, I Shrunk the NASA Payload’ in a very contemporary nod to a movie that came out 31 years ago, seeks payloads with maximum dimensions of no more than 4″ x 2″, or “similar in size to a new bar of soap.”

Why the need for instruments so small? NASA wants to be able to perform the kind of science that has, in the past, required large launch vehicles, large orbiters and large launch vehicles, but with much greater frequency and at much lower costs than has been possible before. In order to pave the way for long-term lunar human presence and eventual habitation, NASA says it needs “practical and affordable ways to use lunar resources,” in order to defray the costs of resupply missions – already an expensive undertaking when just traveling to the International Space Station in Earth’s orbit, and astronomically more so when going as far afield as the Moon .

The goal is for these to be pretty much immediately available for service, with the hope that they can be shipped out to the Moon over the course of the next one to four years. JPL is looking to tap the expertise and experience of the global community to see what’s possible with existing materials and technologies, and while this idea challenge is primarily about concept phase designs (with $160,000 in prize money payouts available), the longer-term goal is to use it as a jumping off point for a pipeline of actual tech that will be incorporated into future rovers and sent on lunar missions.

Taking part in the challenge is fairly easy, and you actually retain all rights to anything you submit in terms of IP, with the proviso that if you make it to the finals, you have to sign a new agreement in which you also grant the U.S. government essentially a perpetual, royalty-free license to use your creation in whatever way they deem appropriate.

If you think you’ve got an idea about how to miniaturize environmental sensors and data gathering equipment for use on what amounts to a space Roomba, there’s probably no better opportunity to contribute to NASA’s deep space exploration efforts – short of landing a JPL gig, which might happen if your idea is good enough.


Source: Tech Crunch

No-code automation platform Tonkean raises $24M from Lightspeed

As more companies find their workflows upended by remote work in the pandemic crisis, there are plenty of SaaS startups aiming to sell them a new path to streamlining processes. Tonkean is an SF startup selling a no-code automation platform to do just that, and it’s in the fortunate position of just having closed a hefty Series A.

The company closed a $24 million round led by Lightspeed Venture Partners, Tonkean’s team tells TechCrunch. Lightspeed’s Raviraj Jain is joining Tonkean’s board. The company has raised just over $31 million to date.

Their software is a robotic automation and management platform catered towards ops that integrates with a bunch of data sources and allows customers to set up their own customizations. These customizations can help with routing tasks to the right person, automating follow-ups or moving data between systems. The software is meant to enable nearly endless customizations but a big focus seems to be on stripping repeatable tasks from the workflows of ops teams or taking care of early steps in those processes.

“The future of enterprise software is adaptive and personalized,” CEO Sagi Eliyahu told TechCrunch in an interview.

The company frames its tech as “human-in-the-loop robotic process automation,” essentially using its no-code platform to allow the people completing tasks manually to create the automation processes for letting bots take over. The visual drag-and-drop workflow of creating these processes seems to be a big selling point. New customers can also shop around for functionality via templates added by other customers.

RPA has been a hot area in recent years with players like Automation Anywhere and UIPath achieving sky high private valuations. As the big players in the space focus on courting bigger and bigger clients, Tonkean’s tighter focus on streamlining workflows for operations teams could give them an inroad, even as they look to scale during uncertain times.


Source: Tech Crunch