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Kanarys, a Black Women-Led Cultural Analysis Platform, Secures Nearly $600K In Funding

Kanarys , a platform that analyzes cultural and demographic data to help companies create more inclusive and diverse atmospheres, has just secured $575,000 in its first round of funding. Founders Mandy Price and Star Carter got the idea for Kanarys after facing issues with inclusion with previous jobs. The two met at Harvard Law School and the relationship bloomed into a business partnership that is reaching new heights. Price, who also serves as Kanarys’ CEO, told Forbes that most corporate diversity initiatives “superficial” and do not actually have huge impacts on the company. “As we started Kanarys, we realized that inclusive cultures don’t just happen – they’re intentional,” Price said to Forbes. “And by re-aligning our collective focus to value inclusion and equity, along with diversity, employees become more engaged, more productive, and ultimately, more valuable to a company’s bottom line.” In addition to analytical demographic data, Kanarys offers business news on diversity...

Feb 1, 2019

Lagos-based Data Technology Firm Terragon Acquires Bizense

Terragon Group, a Lagos-based data technology firm, recently announced they purchased Bizense, a Singapore-based mobile technology company, in a cash and stock deal. The deal is the first of its kind in Africa, according to the company. The acquisition will allow Terragon to leverage Bizense’s expertise in mobile advertising and targeting technologies in key Asian markets where the Nigerian data analytics firm has consumer data research and development teams. “This move has been a long time coming as it will strengthen the company’s technology offerings to its clients,” said Terragon co-founder Ayodeji Balogun in a press release. “We are united by a common culture of innovating game-changing mobile solutions – this is the unique differentiator.” Terragon provides businesses insights for Africa’s mobile users with products designed to help clients connect with millions of consumers. The acquisition will help the company scale its digital transformation and data monetization service...

Nov 19, 2018

These Automation Companies Are Hitting Big Valuations By Replacing Office Workers

The changes artificial intelligence will have on the workforce will be substantial in years to come. And now, according to Tech Crunch , companies that are automating repetitive tasks are seeing big valuations as businesses look to replace their office workers. Tech brands UiPath and Automation Anywhere each develop automation robotics and have recently received notable amounts of funding. UiPath earned $225 million in its last funding round, while Automation Anywhere, whose customers include Google, Unilever and Comcast, received $250 million. Companies across various industries want to automate customer support, scheduling, hiring and employee analytics and investors are pouring into the places that know how to make it happen. Sequoia Capital and Alphabet’s CapitalG led the funding for UiPath and helped bring the company to $408 million in funding and a $3 billion valuation. Goldman Sachs invested in Automation Anywhere’s latest funding round, bringing the robot-maker to a $1.8...

Oct 1, 2018