Oyster Hr 20m 24mLundentechcrunch
Oyster Hr 20m 24mLundentechcrunch – Movie Watcher is a free online streaming platform that provides users with access to a wide variety of movies and TV shows. The platform has a large collection of content, including popular and classic titles, as well as the latest releases. This makes it a great option for movie and TV fans who want to access a broad range of content, without having to pay for each title individually or deal with the hassle of downloading.
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Movie Watcher is a powerful and user-friendly platform that provides users with access to a wide variety of movies and TV shows. With its extensive library of content, user-friendly interface, and accessible design, Movie Watcher is the perfect choice for anyone who wants to stay entertained and connected with other movie and TV fans.
Oyster Secures $20M as Funding – Oyster Hr 20m 24mLundentechcrunch
Nowadays, remote working is the buzzword among businesses. During the pandemic, businesses worldwide realized the significance of remote working. It was remote working that ensured companies achieved their targets properly. With the evolution of remote working, organizations felt the need to manage these distributed workforces.
In most cases, organizations recruit people from across the world. In other words, they have to deal with a diverse workforce. That’s why companies are using human resources technology to manage their diverse remote teams effectively. With the rise of HR technology to manage diverse workforces, we witnessed the introduction of many HR platforms.
But one company that has been able to stay relevant amidst all the turmoil is Oyster. Recently Oyster announced $20 Million in its series A round of funding to optimize its business operations. Oyster is a startup and HR platform for distributed workforces. It assists modern-day organizations with the process of hiring, onboarding, and then offering contractors skilled and talented full-time workers.
One of the key highlights of Oyster is that it offers numerous services like payroll, benefits and salary management, etc. Despite being a startup, Oyster is already present in more than 100 nations. Moreover, the CEO of Oyster, Tony Jamous, is already setting higher targets. He recently said in an interview that Oyster would expand to more countries in the future.
Furthermore, he made it clear that Oyster will offer new services to ensure that it can manage distributed workforces efficiently. It will leverage the opportunities in emerging markets to recruit more people. At present, Oyster doesn’t source candidates. It also doesn’t interview and evaluate potential employees of your company.
Experts opine that these may be the areas where Oyster will bring in new features. In the future, Oyster aims to become a one-stop platform for HR services. The CEO of Oyster also said that the company’s main aim is to focus on emerging economies. In emerging economies, it is typically difficult for HR managers to work manually. Oyster aims to automate a majority of its strenuous tasks. In Oyster’s funding, Emergence Capital is leading the race.
In case you don’t know, it was Emergence Capital that raised funds for Zoom, Salesforce, etc. The Slack Fund and a London-based agency are also participating in raising funds for Oyster.
Oyster Raises $20M To Allow Firms To Hire Anywhere
This platform supports companies to deal with rules and regulations of complex employment when hiring full time contractors and employees in other countries. And also deals with managing distributed diverse workforce. Oyster platform – We are a software platform that makes it easy to employ people anywhere.
Even though the company was founded a year before the pandemic hit, Bamboos said, hundreds of companies have adopted Oyster’s platform to work from anywhere. With so many people working from home, it has become easier to prove product/market fit in a matter of month.
This became a problem for everybody overnight.
While Oyster’s platform helps with hiring abroad. It also has features that help companies manage and train their employees to work remotely.
Despite having competition in the market from legacy companies such as Globalization Partners. As well as startups like San Francisco-based Remote and Deel, Jamous expects the company to continue to grow with its new funding. The 30-person company — which is U.S.-based but has no headquarters to help promote its remote focus — expects employee count to be at 80 by the end of the year.
HR startup Oyster closes $20m investment round – Oyster Hr 20m 24mLundentechcrunch
Oyster, the HR platform for globally distributed companies, announced it has completed a $20 million Series. A investment led by Emergence Capital, less than a year after raising a $4.2 million seed round. Spurred by the rapid acceleration of distributed working during the pandemic, Oyster has grown quickly by enabling companies to manage growing and geographically distributed workforces in over 100 countries.
Renowned SaaS investor Jason Green, who has led funding for Zoom, Salesforce, Bill.com, and others, is the lead investor. Additional investors include the Slack Fund and Connect Ventures. The investment will accelerate Oyster’s rapid growth and support its mission of enabling people to work from anywhere.
There are now massive opportunities for remote-centric companies to attract and retain great global talent, and for the SaaS companies that enable them. Oyster’s category-defining SaaS HR platform supports the changing needs of HR in the new work-from-anywhere world. By removing the need to deal with local payroll and employment complexity, by speeding up traditional international hiring, onboarding and by providing robust benefits for employees and contractors alike- all from one SaaS platform.
By closing the geographic gap between great job opportunities and talented individuals. Oyster is addressing many of the wrongs of modern society, including unequal distribution of wealth and talent, lack of opportunity for career progression, burnout, and poor work-life balance. Oyster was recently granted B-Corporation certification with a pending status. The company has published a social impact thesis that can be found here.
Jason Green Founder, Emergence Capital: “We invest in people who change the way the world works. Remote work is here now and here to stay. Oyster makes hiring and onboarding the best remote talent in the world easy, fast, and efficient. Oyster has the best team and product to dominate this emerging category in the future of work and we are thrilled to be partnering with them.”
Tony Jamous, CEO, Oyster: “The move to work from anywhere is good news to the world, despite a gloomy 2020. We have aligned our mission with our growth, and it is paying off. We were fortunate to be able to raise our Seed and Series A during the pandemic, remotely.”
Director – Oyster Hr 20m 24mLundentechcrunch
Jason Spinell, Director, Slack Fund: “At the Slack Fund, we’re focused on investing in the next wave of software companies building the future of work. Oyster is addressing the challenges that come with employing a globally distributed team. Enabling companies to expand their potential talent pool and hire based on what matters most to them. The ability to hire from anywhere is necessary to embrace a remote-first future.”
Conner Forrest, Senior Research Analyst at 451 Research: “Companies are beginning to think more strategically about global talent. But they first need fundamental enablement to hire globally. As long-term and permanent remote work policies grow, and companies consider eliminating physical office space due to COVID-19. The need for tools that support a mass-scale shift to remote work is great.