Remote tech startup Grain secures $16M from Tiger Global, Zoom, others
Grain, a fully remote firm, has secured a $16 million Series A fundraising round headed by Tiger Global Management. The round gives a boost to Grain's aim to turn virtual lectures and meetings into video snippet libraries. Zoom, the Slack Fund, Unusual Ventures, and Freestyle VC were among the other investors in the round. "We're building a video meeting system of record for information," Co-Founder and CEO Mike Adams explained. "Grain enables employees to 'click and interact' around insights, subjects, teams, or relationships." "[Grain] would become a] library of insights that can allow a team to have and share a micro moment — even highlight reels of 10 customer meetings — which will be a far more compelling method of presenting the truth of an experience," he added. The final conclusion, according to Adams, is that the four-year-old remote tech business is "organizing information so our customers can locate signals in the chaos a...