Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Intellinote Secures $4.3M in Series A Funding Round

01/14/2014 | 09:03am US/Eastern
Recommend:
0

Financing to Support Growth of Cloud-Based Workforce Operations Management Solution already used by 1,200 organizations

Intellinote, the first cloud-based Workforce Operations Management (WOM) solution built to optimize everyday collaborative workflows, today announced the completion of a $4.3 million Series A funding round led by investors Grotech Ventures and Boulder Ventures. Intellinote will use the funding to support its rapid customer acquisition, enhance its solution and expand its employee base to meet the growing needs of companies to optimize everyday collaborative workflows.

In less than one year, Intellinote developed and released the world's first WOM solution designed from the ground up to enhance the efficiency and productivity of the modern workforce. More than 1,200 global companies are now using the Intellinote application to create virtual workspaces, take actions, collaborate and seamlessly get work done on any device, anytime, anywhere.

"COO's and team leaders realize that today's modern, mobile workforce needs a better way to capture notes, tasks, files and other information, keep staff productive, and ensure team members are on the same page, even if they're physically dispersed. We're honored that after just one year, over 1,200 diverse companies are using Intellinote to execute everyday projects, manage collaborative workflows and build valuable knowledge libraries to drive workforce efficiency and productivity," said Bill Welch, Intellinote's Co-founder and Executive Chairman. "Intellinote is committed to providing customers with a single end-to-end application to streamline workflow processes and drive social collaboration. This round of funding gives us the opportunity to invest in market expansion, continue enhancement of our product, grow marketing and sales and expand our staff to ensure we provide the strongest WOM solution to our current and future customers."

As part of the transaction, Don Rainey of Grotech Ventures and Jonathan Perl of Boulder Ventures will join the Intellinote Board.

"We have been tracking the enterprise collaboration space for some time now," said Don Rainey, General Partner of Grotech Ventures. "Intellinote truly rises above other solutions with a unique combination of intelligent features around note taking, collaboration, application integration and workflow management. We believe that Intellinote's ability to bind today's social processes gives it the backbone to be the defining vendor and leader in the WOM space."

"Whereas traditional operations management has focused on an organization's physical assets, Intellinote joins an emerging category of business task management software which focuses on optimizing an organization's people and the business processes they use," said Alan Lepofsky, Vice President and Principal Analyst at Constellation Research. "Intellinote provides a platform for the workforce to organize, prioritize and collaborate on projects, integrate with existing applications, and reduce the time and stress traditionally associated with getting work done."

About Intellinote

Intellinote is the first cloud-based Workforce Operations Management (WOM) solution built from the ground up to optimize everyday collaborative workflows. Designed for both individuals and teams, Intellinote enables everyone to create virtual workspaces, take actions, collaborate, and seamlessly get work done - anytime, anywhere, and on any device. Intellinote is simple to use, requires no IT resources to implement, and includes dozens of pre-configured integrations and templates to support a wide range of existing business applications and functions. More than 1,200 global organizations - ranging from SMBs to Fortune 500 companies - use Intellinote to enhance the efficiency and productivity of their workforces. Backed by premier venture capital investors, Intellinote is headquartered in Washington, D.C., and can be found online at www.intellinote.net or on Twitter @IntellinoteInc.

Media
Articulate Communications
Shaina Mardinly, 212-255-0080 ext. 15
smardinly@articulatecomms.com


© Business Wire 2014
Recommend :
0
React to this article
Latest news
Date Title
1m ago BILFINGER SE : Chairman of the Supervisory Board Dr. Bernhard Walter steps down prior to the end of his term (DGAP Adhoc)
2m ago J SAINSBURY : *exane bnp cuts sainsbury price target to 250 (280) pence - 'neutral'
2m ago EKSPRESS GRUPP : statement of claim announcement (CORRECTION)
4m ago TERTIARY MINERALS : 2 October 2014 - CHANGE OF ADVISER
4m ago ERICSSON NIKOLA TESLA : Head of ITU Visits Croatia
4m ago SMK : to Unveil a Capacitive Controller Equipped With Proximity and Hover Sensing Functions for Touch Panels. New Controller Contributes to the User Experience of Operating a Device without Touching the Screen.
4m ago POLARCUS : Alima acquiring 3D offshore Cote d'Ivoire
4m ago PANTHEON PARTICIPATIONS : Reports Net Asset Value Rise
4m ago RESOURCE EQUIPMENT : ASX Waiver listing ruling
4m ago KOENIG & BAUER : Things are moving on the print market
Latest news
Advertisement
Hot News 
ORDINA : investigates Zembla claims: initial findings reveals no irregularities
GENERALE DE SANTE : Change of control and refinancing of Générale de Santé
MASIMO : Philips Electronics to appeal ruling in $467 million patent lawsuit
SAIPEM : awarded new offshore E&C contracts in the Gulf of Mexico totalling $750 million
MARTIN CURRIE GLOBAL PORTFOLIO : Tst - Transaction in Own Shares
Most Read News
1d ago JANUS CAPITAL : Pimco Total Return Fund posts record $23.5 billion net outflow in September
1d ago JPMORGAN CHASE : to Present at the Bank of America Merrill Lynch Banking & Financial Services Conference
4h ago TESLA MOTORS : Musk says 'about time to unveil the D and something else'
1d ago TOTAL SYSTEM SERVICES : Pimco Total Return Fund posts record $23.5 billion net outflow in September
1d ago CANADIAN PACIFIC RAILWAY : CP Rail looks to boost revenue to C$10 billion in 2018
Most recommended articles
3m agoDJEurope Stocks Stay on Downward Course
4m ago UK lender Wonga says to write off debt for 330,000 customers
6m agoDJPHILIPPINE LONG DISTANCE TELEPHONE : PLDT in Line for Windfall From Stake in Rocket Internet After IPO
11m ago DAIMLER : CEO lowers expectation for global car market growth
15m agoDJHong Kong Protesters Consider Escalation
Dynamic quotes  
ON
| OFF