“Saskatoon-based 7shifts, which provides employee scheduling software for restaurants, announced $1.2 million in seed funding.
7shifts will use the funding to expand their sales teams and add new features to their platform. The company’s funding round was led by Relay Ventures, with participation from Globalive Capital, Boost VC, and Tim Draper.”
“Amp Me, the Canadian app development company responsible for a syncing technology that links mobile devices into a networked speaker system, has raised $8 million in a new round of financing and is adding a YouTube integration to its service.
Led by the Toronto and Menlo Park, Calif.-based Relay Ventures, the new financing will kick out the jams on an increased hiring push and enable the company to pursue some new strategic partnerships.”
Most of us today would rather leave home without our wallets than without our mobile phones. Yet few of us realize just how transformational mobile technology is, and the impact it will have on our lives.
With a supercomputer in every person’s pocket — and four key trends converging (worldwide Internet usage, global smartphone adoption, the Internet of Things, and the millennial generation) — the modern mobile age is exciting and empowering. It provides a new state of hyperconnectivity that will profoundly impact society, technology, healthcare, education, commerce, and finance around the world.
In fact, with more mobile phones in the world than people, as smartphone adoption increases, we will enter an era where, for the first time in history, every human on the planet will be addressable by machine.
Strictly Mobile: How the largest man-made platform in history is changing our world is the book we launched today in San Francisco at our annual Strictly Mobile conference. Twelve industry leading thinkers, entrepreneurs, and mobile influencers — each past speakers at our invite-only event — have collaborated to bring you an insider’s look at how mobile technology is changing our world.
Strictly Mobile explores how the smartphone is enabling everything from robotics, drones, self-driving cars, and virtual reality, to digital education, mobile payments, space exploration, and artificial intelligence. Things that science fiction fans and entrepreneurs have dreamed about for decades are now a reality, and the impact on the world’s population is significant.
If you want an insider’s view on the far-reaching implications of the the largest man-made platform in history, then this book is for you. More information on the book – including a summary, highlights, endorsements, and authors – is available online.
Once you’ve read it, let us know what you think.
“We are excited and proud to announce the closing of our Series A funding round led by Relay Ventures who are joined by returning investors Reach Capital, Accel Partners, and Emerson Collective. At FreshGrade, we are part of something bigger than ourselves and are working to address the challenges facing educators in the 21st-century. We are proud to be used by more than one million people in over 70 countries worldwide.”
The team at Relay Ventures welcomes Norman Winarsky as the firm’s first Executive-in-Residence.
Norman is the former President of SRI Ventures at the world-renowned SRI International research institute founded by Stanford University. He was a founder and leader of SRI’s venture strategy and process, which has resulted in more than sixty ventures worth over $25 billion, including companies such as Nuance, Intuitive Surgical, and Siri. Norman was also a co-founder and board member of Siri.
A Lecturer at Stanford GSB, a Technology & Engineering Emmy team award winner, and co-author of the book If You Really Want to Change the World, Norman has decades of experience launching and investing in successful ventures. Throughout his career, Norman has been involved with hundreds of start-ups and has literally written the book.
Norman has helped create and build companies across a number of advanced technology areas, including artificial intelligence, natural language, medical devices, robotics, and nanotechnology. His specialty areas of focus include the development of ventures and licensing opportunities from concept through to market development, team-building, fundraising, and launch.
As EIR at Relay Ventures, Norman will play an important role as advisor to the entrepreneurs behind the companies in the firm’s portfolio. He will also support the firm’s investment team with due diligence on potential investments.
Entrepreneurs in the firm’s portfolio will also have an opportunity to learn, first-hand, about the essential lessons that Norman and his co-author, Henry Kressel, outlined in their book’s actionable framework. Among those lessons is how entrepreneurs can identify a large market opportunity with potential for rapid growth; uncovering what makes their technology stand out from the competition; how to build teams that will drive the company’s success; creating a business plan and value proposition that will attract investors; finding investors, mentors, advisors, and board members to support their path to success; building the organizational structure; managing the transition from a startup to a larger growth company; and how to continue driving innovation.
Please join us in welcoming Norman to the Relay Ventures team as Executive-in-Residence. Norman will be based in our Menlo Park, CA office.
PE Hub Canada sat down with Albright to discuss Relay’s deals, a recent run of lucrative portfolio exits, and emerging trends in the mobile space.