E66 Explores the Meaning Behind Read.ai’s $21M Series A

In E66 of Localogy’s This Week in Local, co-hosts Mike Boland and Charles Laughlin unpack what we learned from future of work startup Read.ai’s recent $21 million Series A funding round.

The analysts agreed that the funding round is a good sign that VCs are out there for companies with proven founders and a good story. However, it is not enough to declare the VC winter is thawing because a respected serial founder with “AI” in his company’s name was able to raise a Series A.

The analysts were also interested in new product announcements that came along with Read.ai’s Series A. This led to an interesting discussion of new ways organizations may (perhaps inevitably) apply the data that Read collects from all the different ways organizations communicate internally.

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