viralamo

Menu
  • Technology
  • Science
  • Money
  • Culturs
  • Trending
  • Video

Subscribe To Our Website To Receive The Last Stories

Join Us Now For Free
Home
Technology
iLobby raises $100 million to help enterprises manage on-site visitors
Technology

iLobby raises $100 million to help enterprises manage on-site visitors

06/01/2021

Enterprise-focused visitor management software provider iLobby has raised $100 million in a round of funding from Insight Partners.

Despite the rapid push to embrace remote working in 2020, many — if not most — businesses will likely return to physical office spaces in some capacity once it’s safe to do so. And, of course, some businesses are not well-suited to fully remote work.

Founded out of Toronto, Canada in 2013, iLobby offers a number of automated tools, including mail management, which uses computer vision to streamline incoming and outgoing letters and packages. For example, front of house or mailroom staff can snap a photo of the label on each piece of mail using the iLobby app, which automatically matches that photo to the intended recipient and sends an alert. However, the company’s core focus is in the visitor management realm, as it allows companies to track and manage everyone who enters and leaves a facility, from employees to contractors, couriers, and guests. The company’s clients include Boeing, FedEx, Hershey, Pepsi, Nikon, Pearson International Airport, Scotia Bank, and LG.

With a fresh $100 million in the bank — the first external investment in its seven-year history — iLobby is well-financed to continue pushing its platform into “highly regulated” facilities spanning multinational corporations, airports, government premises, banks, and more.

Smarter buildings

A slew of companies that develop smart building sensors for harnessing big data have attracted sizable investments from VCs in the past year, further evidence of growing demand for technology that helps companies get the most from their physical spaces and understand exactly what is happening where. Fitting nicely within this space, iLobby answers the question of “who.”

CEO Ariel Mashiyev told VentureBeat the investment would be used to “scale and expand [iLobby’s] services to meet rising demand for enterprise visitor management software.” Mashiyev said the company witnessed increased demand for this technology during the pandemic. Indeed, building owners and operators may now need greater insights into who is occupying a facility at any given time, and how many people are sharing the space. These are the kinds of insights iLobby enables through tools such as self sign-in kiosks, ID scanning, and facial recognition systems. The platform can be used to monitor and manage the number of people in a workplace and help enforce capacity policies around social distancing. And because iLobby tracks everyone who enters and leaves a facility, it can also serve to automate contact tracing and reporting if any COVID-19 cases are detected.

iLobby also connects with myriad business tools, including Slack and Salesforce, as well as user directory software, email, calendar, and cloud services.

Above: iLobby dashboard

But iLobby’s primary purpose is to replace archaic systems that may involve signing paper logs at receptions and showing ID cards to security personnel, among other processes that can slow people down as they enter a building. Therefore, this technology will continue to hold value long after the current global health crisis has eased.

In addition to operational efficiencies it offers front of house staff, iLobby also provides analytics and insights into the flow of traffic throughout a building. For instance, the iLobby Portal can show real-time data on everyone who is signed in at the moment, as well as 30-day trends and daily or monthly reports that are sent automatically to key security and management personnel. “This significantly simplifies activities such as end-of-month safety hours reporting, contractor invoicing reports, and more,” Mashiyev said.

Above: iLobby Portal

There are numerous players in the visitor management space, from giants such as Honeywell to startups like Proxyclick, which raised $15 million last year. That iLobby has raised such a substantial round of funding at this juncture suggests investors are confident brick-and-mortar facilities will be around for a while.

“Many offices will embrace a hybrid in-person/remote model, and some enterprises — like factories, airports, and government offices — rely on in-person operations,” Mashiyev said. “To this end, iLobby provides the software its customers need to safely and efficiently identify visitors and employees in a post-COVID world to mitigate risk and ensure safety.”

VentureBeat

VentureBeat’s mission is to be a digital townsquare for technical decision makers to gain knowledge about transformative technology and transact.

Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:

  • up-to-date information on the subjects of interest to you,
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform
  • networking features, and more.

Become a member

Source link

Share
Tweet
Pinterest
Linkedin
Stumble
Google+
Email
Prev Article
Next Article

Related Articles

Here’s what the ESRB’s loot box warning label looks like
Video game labels in the United States will now warn …

Here’s what the ESRB’s loot box warning label looks like

The DeanBeat: GamesBeat Summit 2020’s first speakers on the Dawn of a New Generation
GamesBeat Summit 2020 is coming a little too fast for …

The DeanBeat: GamesBeat Summit 2020’s first speakers on the Dawn of a New Generation

Leave a Reply Cancel reply

Find us on Facebook

Related Posts

  • 2020 will be a big year for online childcare — here are 7 startups to watch
    Curative received FDA emergency use authorization for …
    18/04/2020
  • Hands-on: Oculus Quest hand tracking looks cool, and sometimes even works
    Hands-on: Oculus Quest hand tracking looks cool, …
    18/12/2019
  • 2020 will be a big year for online childcare — here are 7 startups to watch
    Remedy Entertainment jumps into the live-service multiplayer …
    14/02/2020
  • TechCrunch’s Favorite Things of 2019
    Apple agrees to settlement of up to …
    02/03/2020
  • Rock Band creator Harmonix announces music-mixing game Fuser
    Rock Band creator Harmonix announces music-mixing game …
    26/02/2020

Popular Posts

  • Ars online IT roundtable Thursday: What’s the future of the data center?
    Ars online IT roundtable Thursday: What’s the …
    19/01/2021 0
  • Top 10 Crazy Ways To Get Free …
    21/12/2020 0
  • Chinese face-scanning firm CloudMinds rebrands U.S. unit after blacklisting
    Chinese face-scanning firm CloudMinds rebrands U.S. unit …
    21/12/2020 0
  • Real estate software and data analytics company RealPage to be acquired for $10.2 billion
    Real estate software and data analytics company …
    21/12/2020 0
  • Bolt raises $75 million to fight ecommerce fraud with machine learning
    Bolt raises $75 million to fight ecommerce …
    21/12/2020 0

viralamo

Pages

  • Contact Us
  • Privacy Policy
Copyright © 2021 viralamo
Theme by MyThemeShop.com

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.I AgreePrivacy policy