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      <p>
        Gamma, a presentation software platform, raised USD 12 million in a Series A investment round led by Accel. Script Capital, South Park Commons, Lorimer Ventures, and Fellows Fund also contributed.
      </p>
    </li>
    <li>
      <p>
        The investment will broaden Gamma's operations and strengthen its development activities.
      </p>
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      <p>
        <b>Analyst QuickTake:</b>
         This is the startup's fourth funding round, following two rounds in 2023. The company first received funding in 
        <a href="https://sp-edge.com/updates/6357">
          October 2021
        </a>
        , securing USD 7 million to launch its public beta. The startup shows great promise with its AI features, including a free user option.
      </p>
    </li>
  </ul>
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  <p>
    <a href="https://www.finsmes.com/2024/05/gamma-raises-12m-in-series-a-funding.html">
      FinSMEs
    </a>
  </p>
</div>


Remote Work Tools

ANALYST_QUICK_TAKE

<div>
 
 <p>Gamma, a presentation software platform, secured USD 12 million in Series A funding round. Accel spearheaded the investment, with contributions from Script Capital, South Park Commons, Lorimer Ventures, and Fellows Fund.</p>
 <p>This funding will be utilized to expand Gamma's operations and bolster its development initiatives.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> This is the startup's fourth funding round, following two rounds in 2023. The company first received funding in <a href="https:<br>
//sp-edge.com/updates/6357"> October 2021 </a> , securing USD 7 million to launch its public beta. The startup shows great promise with its AI features, including a free user option.</p>

Gamma raises USD 12 million in Series A funding for product development and expansion

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 
 <p>This article highlights a partnership between Microsoft and ISS, a prominent workplace experience and facility management company. The partnership aims at improving hybrid workplaces using AI-powered apps.</p>
 <p>Specifically, the partnership integrates the AI capabilities of Microsoft's Places app, which gives insights into physical workspace usage, with the ISS Workplace App. This integration is targeted at enhancing connections between remote or hybrid workers and their in-office colleagues.</p>
 <p>The goal of this merger is to improve scheduling and resource management, create more engaging workplace environment and ultimately provide data valuable in planning for future transformations of digital workspaces.</p>
 
</div>

Microsoft partners with ISS to reimagine hybrid work through AI-powered connected workplace

<div>
 
 <p>Google and HP are preparing to introduce Project Starline, a corporate teleconferencing platform, which is set to be available commercially in 2025. The announcement ahead of Google I/O 2024 conference unveiled that this project aims to offer more lifelike remote interactions by virtually recreating in-person meetings.</p>
 <p>The technology used in Project Starline includes 3D imaging, cameras and specially crafted screens to provide a realistic virtual meeting experience. The features include compatibility with video conferencing platforms such as Google Meet and Zoom, along with the ability to simulate face-to-face conversations across distances.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> This announcement comes after years of testing and private technical previews, during which the project faced numerous setbacks in its early days (which began in 2021), including technical challenges and a reorganization of its in-house R&amp;D division in 2022.</p>

Google and HP partner for commercial launch of Project Starline in 2025 ahead of Google I/O 2024

<div>

 <p>Calendly, a platform focusing on scheduling meetings, has debuted a revamped browser extension, accessible on Chrome, Edge, Firefox, and Outlook. The updated feature incorporates a "Meetings" tab, enabling users to oversee and alter meetings organized via Calendly. There's also a fresh "Contacts" tab, providing the ability to monitor forthcoming meetings and participants. The extension facilitates the sharing of links for various meeting types, immediate booking of subsequent calls, and the scheduling of several meetings for identical time slots. </p>
 <p>Calendly posits that this refurbished extension, when used alongside integrations such as Gmail and LinkedIn, has the potential to significantly reduce the time that users allocate to alternating between apps and websites. The objective of the extension is to aid not only in scheduling but throughout the entire meeting process, with features designed for managing and recording meeting transcripts. </p>
 
 </div>

Calendly updates browser extension to enhance meeting scheduling and management

<div>
 
 <p>Atlassian has combined Jira Software and Jira Work Management into a single project management tool named "Jira". The aim is to simplify collaboration and goal alignment across diverse teams within a company. Pricing will be unchanged from the existing Jira subscriptions.</p>
 <p>Jira's updated tool includes several AI-driven functions meant to enhance collaboration, such as an AI work breakdown for automatically dividing work into manageable pieces, an automatic summary of issue comments, and a natural language processing feature for creating Jira queries. The tool addition "Goals", aimed at aligning team objectives, and new views for task and project visualization are also included in this package.</p>
 <p>Atlassian states the upgraded Jira tool will lessen tension between different teams, facilitating cooperative working and easier goal alignment. Additionally, it plans to automate certain routine tasks with the aid of new integrations and features, freeing up project managers to concentrate on vital strategic tasks.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> This collaboration follows Atlassian's previous strategy of launching specialized Jira versions, such as Jira Work Management in 2021, which replaced Jira Core. Such collaborations provide cross-functional tools that help different teams within a company collaborate and track their work more effectively.</p>

Atlassian combines Jira Software and Jira Work Management into single product

<div>
 
 <p>Zoom has collaboratively worked with Theta Lake, a firm specializing in compliance and communication security, to introduce the Zoom Compliance Manager. This tool assures compliance solutions across all Zoom software applications.</p>
 <p>The Manager furnishes an integrated platform that assists risk and compliance management, data governance, and the protection of information. It is believed that this partnership will ease customer compliance procedures by allowing them to directly tap into Theta Lake's superior compliance and security capacities via the Zoom administrator console<b>.</b></p>
 
</div>

Zoom partners with Theta Lake to launch Zoom Compliance Manager

<div>
 <p>Google introduced two new features to Google Workspace: AI-powered meetings and a messaging suite with a security package. Each is priced at USD 10 monthly per user. The AI meetings tool can take meeting notes, create summaries, and translate content into 69 languages. The security package uses AI to safeguard sensitive Workspace content with features like file classification and protection, privacy safeguarding, and customizable data loss prevention controls.</p>
 <p>Google claims these features are on par with similar offerings from third parties. It also emphasizes its flexibility, allowing organizations to select the advanced features they require. Future enhancements for the meetings tool are also suggested, including improved video and sound and customizable AI-created backgrounds.</p>   
</div>

Google announces AI add-ons for Workspace suite to improve productivity and security

<div>
 <p>Google has launched a new app called Vids which simplifies video creation for professional use. The app is beneficial for creating videos for presentations, training materials, or team updates.</p>
 <p>Vids functions like a video timeline, similar to how slides are arranged in Google Slides. It also has voiceover and editing features, and integrates with Google Drive for asset access. Additionally, the Gemini AI's automation feature can create the first draft of the video.</p>
 <p>User-friendly and collaborative, Google's Vids reinvents communication and sharing updates in the workplace. Apart from playing videos, the sharing feature also allows commenting, altering, and note-leaving.</p>
 
</div>

Google introduces 'Vids,' a collaborative video-making app for workspace use

<div>
 <p>Read AI, an analytics tool for virtual meetings, has successfully raised USD 21 million in a Series A financing round. Goodwater Capital led the round, together with existing investor Madrona Venture Group.</p>
 <p>The funds will be used to fast-track the company's goal of improving the future of work by enhancing people's digital interactions through AI, thereby boosting efficiency. Over the forthcoming months, Read AI has plans to expand the team and further develop its AI competencies. </p>
 <p>Concurrently with this investment, Read AI has launched a new offering that broadens its "connected intelligence" to email and messaging platforms such as Gmail, Outlook, Teams, and Slack. This integration allows intelligent agents to operate in the background, onnecting interactions between meetings, emails, and messages. Therefore, Read AI creates personalized, actionable briefings designed according to the user's needs.</p>
 <p>Specializing in creating AI-powered summaries of meetings, emails, and messages, Read AI transforms these into efficient, collaborative tools. The tool supports multiple languages, while its multi-platform assistant allows for easy integration. Read AI argues that knowledge workers who use their tool experience up to a 20% increase in productivity.&nbsp;</p>
</div>

Read AI raises USD 21 million to develop AI-based productivity features

<div>
 <p>Text-based diagramming service provider, Mermaid Chart, has raised USD 7.5 million in a seed funding round. Notable investors include M12 from Microsoft, Sequoia Capital, and Open Core Ventures led by Sid Sibrandij, GitLab's CEO.</p>
 <p>The raised funds will be used to expand the company's operational capabilities and propel its development efforts. This will be achieved by focusing on open-core and visual collaboration innovations. Mermaid Chart also intends to enhance its enterprise offerings with features like a new visual editor and an AI-powered diagram generator.</p>
 <p>Mermaid Chart specializes in providing diagramming and workflow management tools to businesses. Their technology helps simplify communication, encourage collaboration, and solve problems through visuals and diagrams. The company has quickly gained popularity with over 8 million users, and its open-source project has received nearly 65,000 GitHub stars.</p>
 
</div>

All Updates

Gamma raises USD 12 million in Series A funding for product development and expansion

Microsoft partners with ISS to reimagine hybrid work through AI-powered connected workplace

Google and HP partner for commercial launch of Project Starline in 2025 ahead of Google I/O 2024

Calendly updates browser extension to enhance meeting scheduling and management

Atlassian combines Jira Software and Jira Work Management into single product

Zoom partners with Theta Lake to launch Zoom Compliance Manager

Google announces AI add-ons for Workspace suite to improve productivity and security

Google introduces 'Vids,' a collaborative video-making app for workspace use

Read AI raises USD 21 million to develop AI-based productivity features

Mermaid Chart raises USD 7.5 million in seed funding to expand operational capabilities

Remote Work Tools

Gamma raises USD 12 million in Series A funding for product development and expansion

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