Click here to close now.

Welcome!

Search Authors: Liz McMillan, Kelly Murphy, Carmen Gonzalez, Elizabeth White, Pat Romanski

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
The Domain Name Service (DNS) is one of the most important components in networking infrastructure, enabling users and services to access applications by translating URLs (names) into IP addresses (numbers). Because every icon and URL and all embedded content on a website requires a DNS lookup loading complex sites necessitates hundreds of DNS queries. In addition, as more internet-enabled ‘Things' get connected, people will rely on DNS to name and find their fridges, toasters and toilets. According to a recent IDG Research Services Survey this rate of traffic will only grow. What's driving t...
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Today’s enterprise is being driven by disruptive competitive and human capital requirements to provide enterprise application access through not only desktops, but also mobile devices. To retrofit existing programs across all these devices using traditional programming methods is very costly and time consuming – often prohibitively so. In his session at @ThingsExpo, Jesse Shiah, CEO, President, and Co-Founder of AgilePoint Inc., discussed how you can create applications that run on all mobile devices as well as laptops and desktops using a visual drag-and-drop application – and eForms-buildi...
The Internet of Things promises to transform businesses (and lives), but navigating the business and technical path to success can be difficult to understand. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, demonstrated how to approach creating broadly successful connected customer solutions using real world business transformation studies including New England BioLabs and more.
The recent trends like cloud computing, social, mobile and Internet of Things are forcing enterprises to modernize in order to compete in the competitive globalized markets. However, enterprises are approaching newer technologies with a more silo-ed way, gaining only sub optimal benefits. The Modern Enterprise model is presented as a newer way to think of enterprise IT, which takes a more holistic approach to embracing modern technologies.
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impact.
Every day we read jaw-dropping stats on the explosion of data. We allocate significant resources to harness and better understand it. We build businesses around it. But we’ve only just begun. For big payoffs in Big Data, CIOs are turning to cognitive computing. Cognitive computing’s ability to securely extract insights, understand natural language, and get smarter each time it’s used is the next, logical step for Big Data.
There's no doubt that the Internet of Things is driving the next wave of innovation. Google has spent billions over the past few months vacuuming up companies that specialize in smart appliances and machine learning. Already, Philips light bulbs, Audi automobiles, and Samsung washers and dryers can communicate with and be controlled from mobile devices. To take advantage of the opportunities the Internet of Things brings to your business, you'll want to start preparing now.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal an...
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect at Hookflash, will walk through the shifting landscape of traditional telephone and voice services ...
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal today!
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Architect for the Internet of Things and Intelligent Systems at Red Hat, described how to revolutioniz...
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, June 9-11, 2015, at the Javits Center in New York City. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, and physical persons. In the IoT vision, every new "thing" - sensor, actuator, data source, data con...
Container frameworks, such as Docker, provide a variety of benefits, including density of deployment across infrastructure, convenience for application developers to push updates with low operational hand-holding, and a fairly well-defined deployment workflow that can be orchestrated. Container frameworks also enable a DevOps approach to application development by cleanly separating concerns between operations and development teams. But running multi-container, multi-server apps with containers is very hard. You have to learn five new and different technologies and best practices (libswarm, sy...
SYS-CON Events announced today that DragonGlass, an enterprise search platform, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. After eleven years of designing and building custom applications, OpenCrowd has launched DragonGlass, a cloud-based platform that enables the development of search-based applications. These are a new breed of applications that utilize a search index as their backbone for data retrieval. They can easily adapt to new data sets and provide access to both structured and unstruc...
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big Data and deployments are processing massive data volumes from wearables, utilities and other machines...
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 will peel 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 environment, and we must architect and code accordingly. At the very least, you'll have no problem fil...
SYS-CON Events announced today that MetraTech, now part of Ericsson, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Ericsson is the driving force behind the Networked Society- a world leader in communications infrastructure, software and services. Some 40% of the world’s mobile traffic runs through networks Ericsson has supplied, serving more than 2.5 billion subscribers.
The worldwide cellular network will be the backbone of the future IoT, and the telecom industry is clamoring to get on board as more than just a data pipe. In his session at @ThingsExpo, Evan McGee, CTO of Ring Plus, Inc., discussed what service operators can offer that would benefit IoT entrepreneurs, inventors, and consumers. Evan McGee is the CTO of RingPlus, a leading innovative U.S. MVNO and wireless enabler. His focus is on combining web technologies with traditional telecom to create a new breed of unified communication that is easily accessible to the general consumer. With over a de...