Welcome!

Cognitive Computing Authors: Derek Weeks, Stackify Blog, Elizabeth White, Matt Davis, Liz McMillan

News Feed Item

Bay-area Start-up Waggl Raises More than $1 Million in Funding

In just over two months since its official launch, Waggl – a new breed of communication and crowdsourcing – has $1.1 million in funds committed for its series seed round. The brainchild of co-founders at leading human capital management firm Fort Hill Company, Waggl addresses the shortcomings of today’s methods for collecting responses and data by equipping C-suite executives, sales teams, managers and HR with the ability to rapidly crowdsource critical intelligence, sentiment and unfiltered insights from within their organizations.

A star studded and carefully selected group of technologists and investors have joined Waggl to further advise and shape the business for long-term success. Several of the individuals involved include:

  • Jeff Snipes, founder and former CEO of Ninth House, will join Waggl as investor and executive chairman.
  • Robert Hohman, former president of Hotwire; founder and CEO of Glassdoor, will join Waggl as investor and advisor.
  • Joe Abrams, co-founder of Software Toolworks and Intermix, parent company of Myspace, will join Waggl as a director.
  • James Gutierrez, founder, former CEO and chairman of Progreso Financiero; co-founder and CEO at Insikt, will join Waggl as investor and advisor.
  • Ignace Goethals, former president of Smithkline Beecham Animal Health Division; former chairman of Allergy Therapeutics, will join Waggl as investor and a director.
  • Rob Bernshteyn, former head of product marketing and management for SuccessFactors; CEO of Coupa, will join Waggl as an advisor.

Waggl cites a number of factors for driving interest among investors, as well as the company’s impressive growth, demonstrating the need for businesses to more effectively surface and utilize the massive amount of intelligence existing within their organizations. Since launching in February, the Bay-area start-up has experienced more than a 300 percent increase in account sign-ups from a range of organizations, in particular within the healthcare and education fields, including Sanofi, Lone Star College Systems and Stanford Graduate School of Business.

Additionally, the crowdsourcing tool is experiencing a “network effect” among its user-base, resulting in strong viral adoption. Waggl also recently rolled out its new freemium pricing model – more information on pricing can be found here.

“Since our launch, we’ve seen an enormous uptick in new accounts and a corresponding effect on existing user activity on the platform, proving our solution is helping organizations tackle challenges with improving business operations, customer service and/or general internal communication and collaboration,” said Michael Papay, CEO of Waggl. “The funding we’ve raised will help us meet product development requests and enhance our platform even further, as well as expand our customer base internationally. The second half of 2014 should be really exciting for us!”

Waggl has also partnered with Affero Lab – the largest human capital management firm in Brazil and lead distributor of SuccessFactors in South America – to expand the platforms’ offering outside of the U.S.

“There’s a significant opportunity in Brazil and across Latin America for organizations to leverage Waggl for gathering and prioritizing intelligence to improve decision making and take on management challenges,” said Alexandre Santille, co-CEO of Affero Lab. “We jumped at the chance to be part of this round and help expand Waggl’s reach on a more global scale.”

Investor and Advisor Viewpoints

Jeff Snipes, co-founder of PDI Ninth House

“The ability to ask smart questions and receive accurate and valuable insight rapidly is perhaps a CEO’s greatest tool for navigating the complex and constantly changing business landscape. No other platform puts this power in the hands of business leaders as simply and elegantly as Waggl… it truly is a human search engine.”

Joe Abrams, co-founder of Intermix, parent company of Myspace

“Over the last few decades, I was fortunate to have been one of the early pioneers of the software industry and then again in the social networking space. I believe Waggl has the opportunity to be as disruptive of a technology for the enterprise; one that can ultimately transform how organizations communicate and source intelligence from their own people. Waggl is a game changer.”

About Waggl

Waggl is the first human search engine for business leaders looking to surface new ideas or honest input quickly. Waggl provides decision makers with a fast, focused and engaging way to enable enterprise communication and crowdsourcing. Unlike online survey tools or enterprise social platforms, it is designed specifically to surface the best insights, ideas, solutions and sentiment of a group. Just as Twitter automated 1-to-many digital communication, Waggl optimizes the many-to-1 collection and synthesis of valuable insight in real-time. More than 1,500 organizations today use Waggl’s cloud-based platform from laptops, phones or mobile devices. Clients include Domino’s Pizza, Glassdoor, Olympics, Sanofi, Pacific Pulmonary Services and the Stanford Graduate School of Business.

Waggl is named after the dance used by honeybees for millions of years to surface ideas and make decisions, perhaps one of the oldest and most successful forms of communication and crowdsourcing.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and attent...
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem" ...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.