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Gong, an AI-based language tool to help sales and customer service reps, nabs $20M

 As artificial intelligence continues its spread into all aspects of computing, many believe that it will be the next big frontier in CRM. Today a startup called Gong.io underscores that trend: the Israeli startup, which has built a tool that uses natural language processing and machine learning to help train and suggest information to sales people and other customer service reps, has raised a… Read More

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Elton John invests in Qloo, a startup that analyzes your taste

Qloo Press Image Qloo, which bills itself as “the cultural artificial intelligence data platform,” has raised $6.5 million in additional funding from AXA Strategic Ventures and Elton John.
Yes, that’s the Elton John who co-wrote and performed “Tiny Dancer” and “Candle in the Wind.” He’s actually not the first big name to back the New York startup — actor… Read More

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Optimizely hires Jay Larson as its new CEO

Dan Siroker and Jay Larson Co-founder Dan Siroker is stepping down as the CEO of Optimizely. He’s handing the role over to Jay Larson, who was previously CEO at Birst, as well as an executive at Mercury Interactive and Success Factors. Read More

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Lyft adds automatic ride receipt forwarding for business profiles

 Lyft now makes it easier for business travelers to expense the trips they take for work – rides taken under a Business Profile within the Lyft app can now be automatically forwarded to a number of expense management systems, including Expensify, Chrome River, Concur, Nexonia, Zoho, Abacus and Xpenditure. The auto forwarding basically just takes a step out of the process, but it’s a… Read More

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Abstract launches as the versioning system of record for design

 Sales teams have Salesforce. Engineers have GitHub. But designers have always had slim pickings. Abstract, launching today, is a workflow platform and system of record built for designers to solve the debilitating frustrations of the design process. The company is targeting Sketch users out of the gate, with ambitions to accommodate the whole gamut of visual file types. Read More

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SAP wants to bridge the gap between IoT and business data

 SAP announced a new tool today called the Leonardo IoT Bridge designed to help bridge the gap between data coming from sensors in the field and business systems operating inside a firm.
The manufacturing sector is in the middle of a massive shift where machines are being equipped with sensors that transmit torrents of data about their health, and the environment around them, over the… Read More

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Samsung quietly acquires Greek text-to-speech startup Innoetics for under $50M

 With the launch of Bixby and reports that Samsung is building its own competitor to Amazon’s Echo, the consumer electronics giant has now made an acquisition that could help power its next generation of voice-powered services. Samsung has acquired Innoetics, a startup out of Greece that has developed text-to-speech and voice-to-speech technology that can, among other things, listen to… Read More

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