LiveTiles

LiveTiles
Public
Industry Cloud based software
Founded 2014
Headquarters New York City
Key people
 Karl Redenbach (CEO)
Website www.livetiles.nyc

LiveTiles is a software company founded in 2014. It offers cloud based intelligent workplace software for the commercial, government and education markets. Including seed money, as of 2018 it has raised more than $50 million (AUD) in total funding.[1]

History

LiveTiles was founded in Australia in 2014,[2] and in 2015 it became listed on the Australian Securities Exchange after its reverse acquisition of coal company Modun Resources Limited,[3] with an initial IPO of $57 million. The CEO of the company is Karl Redenbach,[4][5] who cofounded LiveTiles with Peter Nguyen-Brown.[6] In 2017 the company raised $12 million in capital financing.[7][8] The company is headquartered in New York City, and has offices in Sydney, Hobart, London, Seattle, Tri-Cities, and Minneapolis. In 2017 the company also began the process of opening offices in mainland Europe.[7]

Software

The company provides cloud-based software, including LiveTiles Mosaic, which was developed for K-12 educational institutions and has 1.2 million users,[9] and LiveTiles Commercial.[6] Its annualized subscription revenue is about $4 million.[10] The also provide LiveTiles MX, a mobile app; digital workplace design tools called LiveTiles Cloud and LiveTiles SharePoint; artificial intelligence platform LiveTiles Intelligence; and LiveTiles for SAP Software.[11][12] In 2017 LiveTiles then partnered with Microsoft to launch the joint venture AI Australia, an Australian-based artificial intelligence development firm.[13] In May 2018, LiveTiles acquired Microsoft AI firm Hyperfish for $8.9 million.[14][15]

References

  1. ↑ https://www.crunchbase.com/organization/livetiles
  2. ↑ "Deloitte strikes Aussie reseller deal with LiveTiles". ARN Magazine.
  3. ↑ Talevski, Julia. "LiveTiles set to list on the ASX in reverse takeover". Tech Advisor.
  4. ↑ Thomsen, Simon (18 September 2015). "US software company LiveTiles lists on the ASX via reverse takeover". Business Insider.
  5. ↑ "Alumni Networks a Boon for Monash". The Australian Newspaper.
  6. 1 2 "Profile: Karl Redenbach, CEO, LiveTiles". ARN Magazine.
  7. 1 2 "ASX-listed startup LiveTiles brings on ex-Microsoft global strategist to lead expansion into Europe - SmartCompany". Smart Company. 21 September 2017.
  8. ↑ "ASX-listed software company LiveTiles raises $11 million for expansion - Startup Daily". Start up Daily. 2 August 2017.
  9. ↑ McLean, Asha. "Education software company LiveTiles raises AU$12m and lists via reverse takeover - ZDNet". ZD Net.
  10. ↑ "Microsoft software partner LiveTiles nearly quadruples annualised revenue". CRN Australia.
  11. ↑ "LiveTiles Limited: Private Company Information - Bloomberg". Bloomberg.
  12. ↑ Bindi, Tas. "ASX-listed LiveTiles raises AU$11m to boost subscription revenue growth - ZDNet". ZD Net.
  13. ↑ "Microsoft and LiveTiles partners launch AI business". ARN Magazine.
  14. ↑ "LiveTiles acquires Microsoft AI software firm Hyperfish". CRN Australia. Retrieved 2018-06-12.
  15. ↑ "Microsoft AI and Bot-based Employee Data Solutions Firm, Hyperfish, to be Acquired by LiveTiles". Retrieved 2018-06-12.

www.livetiles.nyc

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