Tangle raises $4M in funding from Qualcomm and more for virtual workplace
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Absurd:Joy has raised an estimated $4 million for its Tangle platform which provides a virtual workplace for remote teams.
The company, which does business as Tangle, is preparing for its commercial launch later this year, following a limited early access period.
Built from the ground up for remote teams, Tangle took the value of the office and completely reimagined it for remote work culture, and it was built by game developers who previously created some hit VR games.
A new virtual hub, Tangle provides shoulder-to-shoulder collaboration from any location, simplifies communication, and facilitates a people-first culture.
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Qualcomm Ventures led the round, and it joins March Gaming and Dune Ventures, along with other prominent industry leaders, as investors in Tangle. This investment brings Tangle’s total funding to over $10 million.
Tangle’s mission is to upend the current remote work culture of back-to-back video meetings and endless notifications, which leave people feeling burnt out and isolated. Early access Tangle customers experience fewer meetings, less miscommunications, faster decisions, and the kind of creative sparks you would expect in face-to-face interactions – essentials for more sustainable work environments and greater employee retention.
One early access customer experienced up to a 50% decrease in meetings, while another indicated they were able to make decisions up to 75% faster. With adjustable ambient audio,
Read more on venturebeat.com
