Monday, December 7, 2020

VC money flows to WFH solutions startups as remote work takes root

Startups that offer solutions to make remote work productive and collaborative in the post-Covid-19 era are increasingly finding top funds as backers, which are also funding startups that enhance human touch in the absence of informal workplace interactions.

According to industry tracker Traxcn, startups offering solutions in the remote workspace have received more than $1.6 billion in funding between April and November globally.

“We are far from things going back to normal - and we don’t know what that new normal will be. Many changes induced by Covid-19 will be here for the long haul, and now is the time to pick up the thread on technologies that can help us adapt to these changes,” said Rajan Anandan, managing director of Sequoia Capital India.



Submitted December 08, 2020 at 10:04AM by nasirbobby https://ift.tt/3qBXEce via TikTokTikk

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