A UK startup offering collaboration tools like Slack, Google Suite and Zoomtogether as a single platform raised $15 million (11.3 million) to expand their London-based team.
Qatalog envisions a future where employees use one source for all business-related information and reduce the need to display dozens of tabs on the screen.
The funding round was led by Atomico, a venture capital firm founded by Skype’s co-founder Niklas Zennstrom. Jacob de Geer, co-founder of Salesforce Ventures and iZettle, a POS software sold to PayPal for $2.2 billion, also supported Qatalog.
A London-based startup organizes the various tools used by its employees and creates a work graph that provides an overview of all productivity programs in one place.
Qatalog not only allows workers to find everyone, teams, and live projects in the company, but also allows them to search for information about any tool from a variety of locations.
Founded by former TransferWise engineering director Tariq Rauf, the company claims to reduce the email and messaging burden imposed on remote workers.
Rauf says today’s employees need a compass to navigate online through the complexities of working in modern businesses.
We’re building an intuitive platform that brings all the pieces of a chaotic workspace together, he said.
A whole new infrastructure for collaboration and information sharing, built from scratch to support the way we actually work today.
Rauf said the company will target the US market and hopes to bring live products to the market early next year.
We plan to become a fully global company with UK roots. There will be a market entry team in the United States. Perhaps there are some product teams in the US. However, we are not expecting to have to switch in the US. He said.
It is not limited by licenses or regulations, so you can stay in the UK through the product’s global appeal.
Irina Havas, Atomico’s partner, said the explosive increase in software tools is disrupting the workplace.
This has created a demand for something completely new. It’s a new kind of workplace infrastructure that brings all these different tools together, she said.
After all, the real promise of these apps lies not only in what they do individually, but in what they can do together.
Last October, the startup raised $3.5 million in a round that included Transferwise CEO Taavet Hinrikus, Indeed founder Paul Forseter, and Eventbrite co-founder Renaud Visage. Qatalog has raised $18.5 million to date. The new funds will be used to grow the London team.
The company is currently developing closed products, but claims to be testing with some of the most valuable private companies in Silicon Valley and Europe.
Qatalog hopes to take advantage of the growing shift to remote work with teams working away from each other.
Cloud-based business has been heavily used due to the epidemic. According to analyst firm Gartner, the cloud services market hit $266 billion this year, up 17 percent in value. The analytics firm revealed that so-called SaaS (Software as a Service) tools drove growth this year. SaaS businesses include paid productivity suites like Google, Drive, the Salesforce platform, and other productivity tools like Slack, the corporate messaging app.
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