VoloMetrix
 | The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. (September 2024) |
 | |
Type of site | Subsidiary |
|---|---|
| Founded | 2011 |
| Headquarters | Seattle, Washington, US |
| Chairman | Chris Brahm |
| CEO | Ryan Fuller |
| Products | Software as a service |
| Parent | Microsoft Corporation[1] |
| URL | www.VoloMetrix.com |
VoloMetrix, Inc. is an American subsidiary of Microsoft that sells analytics software. Based in Seattle, Washington, VoloMetrix extracts and analyzes anonymous data from from collaboration platforms to create data visualizations and dashboards.
History
[edit]The company was founded in 2011 by CEO Ryan Fuller, and Chris Brahm, a senior partner and director at Bain & Company.[citation needed]
In April 2013, the company raised $3.3M (~$4.37 million in 2024) in series A funding from Shasta Ventures.[2]
In August 2014, VoloMetrix publicly announced that it had filed a patent for its proprietary technology and associated metrics.[3]
In October 2014, VoloMetrix announced a series B funding round with Shasta Ventures and Split Rock Partners that raised $12 million.[4][5]
In September 2015, Microsoft announced that it had acquired the company, but did not disclose the amount.[4] The acquisition was made to improve existing Microsoft offerings, such as Microsoft Office 365 and Microsoft Delve.[6][7]
Metrics
[edit] |
VoloMetrix's key organizational metrics include Organizational Load Index (OLI), Fragmentation, Network Efficiency Index, and other measures aimed at improving employee performance. Metrics provided by VoloMetrix include:
- Organizational Load Index: number of hours a person consumes from the rest of the organization based on meetings they organize and emails they send
- 1:1 Manager Interactions: number of hours per week spent in meetings involving only an individual and the individual's direct supervisor during a given time period
- Time in Meetings: number of hours per week spent in meetings during a given time period
References
[edit]- ^ Day, Matt (3 September 2015). "Microsoft buys employee monitoring software company VoloMetrix". Seattle Times.
- ^ "Enterprise Performance Analytics Startup VoloMetrix Raises $3.3M From Shasta Ventures". TechCrunch. 2013-04-24.
- ^ "VoloMetrix Files Patent for Ground-Breaking Predictive People Analytics Software". Market Wired. 2014-08-27. Archived from the original on 2014-11-17. Retrieved 2014-10-21.
- ^ a b "Microsoft Acquires Organizational Analytics Service VoloMetrix". TechCrunch. 3 September 2015. Retrieved 2020-04-25.
- ^ "VoloMetrix Raises $12 Million in Series B Funding to Accelerate Growth". CNN Money. 2014-10-13. Archived from the original on 2014-10-17.
- ^ Foley, Mary Jo (3 September 2015). "Microsoft to acquire organizational analytics provider VoloMetrix. Microsoft is buying Seattle-based organizational analytics vendor VoloMetrix and intends to integrate its technology with Delve Organizational Analytics". ZDNet.
- ^ "Microsoft acquires people analytics startup VoloMetrix, will integrate organizational tech into Office 365". VentureBeat. 2015-09-03. Retrieved 2018-06-26.
