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New WFH Norm

New WFH Norm
October 12, 2020
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Working from home is no longer a luxury, but the new norm. With companies like Dropbox joining the list of tech companies permanently shifting to working from home, long gone are the days of commuting and meeting for work. 

  • Studios and Coffee Co-work. As Dropbox announced with its studio's concept, workers may only need to head into work for collaboration events and coworking time. 

  • Meanwhile, home office products continue to thrive. Vari, the leading standing desk startup that is listed in almost every top 10 list for ergonomic desk, rebranded and is still growing strong. It was founded in 2013 and is headquartered in Coppell, Texas. 

  • Competitor Autonomous also has a variety of standing desk and desk chair options with its products lineup shifted to focus on the workspace from home. It just announced a new SmartDesk product to be available in November. 

  • Rise to new lighting products. It’s no mystery that specialty lighting companies have grown in popularity thanks to the rise of vloggers and influencers for social media channels but these companies are now adding to their lineup products tailored for at-home video work.

  • A future thought? While traveling seems daunting still, RemoteYear was founded on the idea of gathering professionals to travel together while working remotely. While it still hasn’t relaunched its travel projects, we may see it begin to pick up when travel becomes safer.

Doubling down on efforts to make online presentations more engaging for teachers and students, it announced hand gesture controls for digital video content.
[Read more]
US cable broadcaster Turner Sports has agreed to multi-year deals with daily fantasy sports and betting operators DraftKings and FanDuel.
Since last week, PrivCo has added:
1866 Companies | 125 Funding Activities | 76 M&A Deals

Funding & Deal Highlights:

Stripe acquires Nigeria’s Paystack for over $200MM to expand into the African continent.

Whisper, a startup that uses artificial intelligence to help people hear better, has landed $35MM in a Series B round of funding as it rolls out its Whisper Hearing System.

Trym, a cannabis farm management software company, closed a $3.1MM seed round that was led by 7Thirty Capital. 

Nabis, another cannabis-focused company, raised $5MM to grow its cannabis distribution platform. 

QCODE, a Los Angeles based content studio and podcast network raises $6.4MM in Series A funding round.

Sanity, a developer-focused content platform raises $9.3MM in Series A funding. Founded in Norway in 2016, Sanity is a content platform that enables people and organizations to articulate, collaborate, and circulate ideas throughout the content creation process.

Popmenu, born out of Atlanta, closed $17MM in new funding. It provides software that helps restaurants turn their menu into a customer conversion engine.

Extend, raises $40MM in a Series B funding to help companies build and handle extended warranties of their products. The funding was led by MeriTech Capital Partners as well as PayPal, GreatPoint Ventures, and Shah Capital Partners. 

Fivestars, a small business payments and marketing startup, raises $54.5MM in new funding, led by Salt Partners, with participation from Lightspeed Venture Partners, DCM Ventures, Menlo Ventures and HarbourVest Partners.

98point6, Seattle based telemedicine company, raised $118MM in its Series E funding led by the Growth Fund of L Catterton and Activant Capital. Additional funding came from new and returning investors, including Goldman Sachs. The company provides on-demand digital primary care for patients.

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