Crowdcast Press Round-Up

My apologies for the radio silence on this blog of late.  We’ve been heads down busy with a big round of funding, some major product enhancements, and releasing a new look and way of talking about what we do.  I promise you’ll be hearing a lot more from us on this blog, so stay tuned.

But before we get the blog cooking again, I want to take a moment to highlight the great press we’ve enjoyed as a result of our efforts.  The way the world views you is so much more telling than how you view yourself, so here are some great themes that the press pulled from our conversations.

• Robin Wauters at TechCrunch summarized our offering nicely, saying, “Crowdcast’s solutions, composed of a SaaS software platform, consulting and support services – aim to bridge the gap between traditional business intelligence and enterprise social network applications. The idea is for businesses to align their employees with the purpose of the company, bringing all their insights, plans and experience together in one place, all in order to create “insanely accurate” business predictions and outcomes.
• VentureBeat’s Anthony Ha highlighted that “Crowdcast is all about finding the knowledge in your workforce.”
• Jeff Nolan at Enterprise Irregulars zeroed in on one of our key differentiators, saying, “Where Crowdcast appears to have departed from previous efforts to implement crowdsourcing inside the enterprise is that rather than being an ideas-like site where anything can get posted and then promoted/demoted by community members, they are building games that are designed to reveal outcomes. In other words, they form every interaction around a tightly focused question that requires an answer and through virtual currency create competition in the form of betting that narrows the result to what is considered the most probable outcome, which is then measured according to what actually occurs over time.”
• VentureWire’s Ty McMahan really nailed our point-of-view, when he said, “Crowdcast’s vision is for employees to participate in sharing and socializing insight on what’s planned and what the outcome of business activities will be. The company wants to change the sources executives use to make business decisions by mining previously unavailable insight from across the organization.
• Alex Williams at ReadWrite notes that our “$6 million from Menlo Ventures in a deal that bodes well for a new generation of companies with crowdsourcing and business intelligence offerings.“
• Mike Vizard at IT Business Edge was excited by a promising future, where “longer term… an organization can soon start to map out who knows what within their organization.”
• Amanda Coolong over at This Week In had me on for a great interview.  Thanks Amanda!  My favorite quote was from Dave Linthicom, “… the info is there, they know it’s there, they see tidbits of it, but they can’t mine it for it’s value. So, if you’re working on that problem, kudos to you because you’re going to make a billion dollars.”

PEHub, VatorNews, Silicontap, and others helped us spread the message far and wide.  We look forward to talking more as Crowdcast continues to evolve and champion the message that Your People Know.

Thanks, everyone.