Payroll Hero, a Philippines and Canada based startup specializing in time, attendance, payroll, and scheduling enterprise software, has announced today that it has raised a USD 1M round from 500 Startups, Hootsuite CEO Ryan Holmes, and LX Ventures.
Other participants in this investment include The Futura Corporation, 8capita Partners, Clarity CEO Dan Martell, Benjamin Joffe, MAKE Technologies founder Christian Cotichini, and other angel investors.
The startup differs from traditional payroll software in that it operates on a SaaS model and uses facial recognition and GPS location to ensure that the right employees clock in at the right time. The software facilitates transparency between employees and management through attendance analytics. Read more
ON3, a first-of-its-kind nationwide startup pitching competition in the Philippines, recently concluded with the finals in Manila and the announcement of the six winners. Their prize: A three-month immersion and funding trip to Silicon Valley, sponsored by Plug and Play Tech Center.
The companies will be given five to six months of guidance and milestones to achieve in preparation for their trip to the Mecca of tech startups. While many of them are still in the early stages, you could very well be looking at the next wave of successful Philippine startups.
Companies sometimes find employees tinkering their reports on the number of work hours they’ve clocked. These bad practices result in ghost employees, time stealers, time wasters, and buddy punchers. Read more
The 10 finalists for Echelon 2012, a major technology startup conference in Singapore, has been announced. They will be pitching on stage at the event to vie for the title of Most Promising Startup.
The startups come from the following countries: Singapore, Indonesia, Taiwan, Japan, the Philippines and Thailand. At this moment, they are fine-tuning their actual day pitches with the e27 team, who are the organizers of the event.
Here’s a list of the finalists (descriptions by e27): Read more