Indonesian startup Delman raises $1.6 million to help companies clean up data

Delman, a Jakarta-based data management startup, has raised $ 1.6 million in seed funding. The round was led by Intudo Ventures, with participation from Prasetia Dwidharma Ventures and Qlue Performa Indonesia, and will be used to establish a research and development center and hire software engineers and data scientists.

Delman was founded in 2018 by chief executive officer Surya Halim, chief product officer Raymond Christopher and chief technology officer Theo Budiyanto, who were classmates at the University of California, Berkeley. After graduation, they worked at tech companies in Silicon Valley, including Google and Splunk, before deciding to focus on the Indonesian market.

Originally launched as an end-to-end big data analytics provider, Delman shifted its focus to data preparation and management after talking to clients in Indonesia, said Halim. Many companies said they had budgeted for expensive data analytics solution, but then realized their data was not ready for analysis because it was spread across multiple formats. Delman’s mission is to make it easier for data engineers and scientists to do their jobs by cleaning up and preparing data.

Halim says many large companies in Indonesia typically spend up to $ 200,000 to clean and warehouse data, but Delman gives them a more cost-efficient and faster alternative.

“We have the capability to do analytics and data visualization for clients, but there are so many established companies that already do that, which is why we shifted our business model to something more niche and needed,” said Halim. “It also enables us to open our door to partner with everyone doing data analytics services.”

While newer companies and startups have cleaner datasets, Halim said many older Indonesian companies, especially ones with branches in multiple cities, often have large amounts of data spread across pen-and-paper ledgers, Excel spreadsheets and other software. The data may also have code, keywords and typos that need to be corrected.

“It’s easier for a new company, because everything is already standardized,” Halim said, “But if a company that was established in the 1970s wants to unify previous generations of data to integrate it into their system and keep notes on what customer behavior is like in order to compete with up-and-coming companies, then they need to have a data-driven policy.”

Delman is industry-agnostic and its clients range from large corporations and consulting firms to government agencies. Its customers have included PWC and Qlue. Halim said that the startup plans to expand into other Southeast Asian markets and expects that as COVID-19 changes the way people work, companies will want to invest more heavily in their IT infrastructure and make their databases easier to access outside of a central location.

In a press statement, Intudo Ventures founding partner Eddy Chan said, “By combining a highly localized approach with global technical expertise, Delman is providing Indonesian businesses with Indonesian-developed big data solutions, ultimately leading to better outcomes for end-users. Since meeting the Delman founding team in Silicon Valley in 2017, we have witnessed their growth as a management team, and are excited to continue to support them in their entrepreneurial journey ahead.”

Startups – TechCrunch

[Stellar Cyber in The CXO Fortune] 10 Most Influential Companies of the Year 2020

Stellar Cyber is the key definitive cyber security guide to help deal with the never-ending, always-looming cyber threats in the digitized world.

Read more here.

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In the News: OurCrowd companies seek 100’s of new employees

Despite Israel’s unprecedented unemployment situation, high-tech companies are still recruiting. As Israel carefully re-opens for business, startups have a huge role to play in getting our nation back to work. OurTalent, OurCrowd’s jobs portal, currently lists hundreds of vacant positions from within its portfolio companies, with fresh opportunities added each week. Check out OurTalent.

It’s hard to believe that just 3.5 months ago we hosted the 2020 OurCrowd Global Investor Summit in Jerusalem; now, we’re checking in with Jason Greenblatt, former Assistant to the President of the United States, and Special Representative for International Negotiations, and newly-joined OurCrowd partner. In February, he spoke about building bridges between Israel and the Arab Middle East through startup technology; last week Jason sat down with one of Israel’s leading tech bloggers, Hillel Fuld, to discuss how he is getting involved in the VC landscape to achieve the same ends. Watch now.

Jason Hillel TOFL

Join us this Wednesday, May 27th for our next webinar – The Post-COVID Corporation: How Pandemic-Driven Innovation Will Change Everything at 9:30AM Los Angeles, 12:30PM New York, 7:30PM Tel Aviv. OurCrowd partners and analysts will discuss how COVID-19 is shaping new tech for healthcare, air travel, retail, financial services, and supply chain, to illustrate why corporate investing in innovation is critical at times of crisis.

Top Tech News

With FDA 510(k) clearance for its Vertebral Compression Fractures technology, Zebra Medical Vision becomes the first AI startup in medical imaging to receive clearance for a population-health solution: OurCrowd Portfolio Company Zebra Medical Gains 5th FDA Clearance, OurCrowd Predicts Renaissance in Medical Innovation. 

Airobotics receives world’s first approval to fly automated, commercial drones above a major metropolis, flies above Singapore.

Digital health is growing fast, spurred by social distancing during the pandemic. Texas Children’s Hospital has adopted DreaMed‘s platform for its diabetes patients.

Beta testing proves successful, and Kemtai moves to full public launch of its AI virtual personal trainer web app.

A new report from TechSee finds that more people prefer remote service options over having technicians come to their homes to fix problems. Social distancing during the pandemic is turbocharging development of remote business continuity solutions.

Watch the latest from OurCrowd

How are Israeli startups playing a major role in the worldwide battle against the coronavirus? Watch here for the latest updates from myself and OurCrowd Medical Venture Partner Morris Laster, which we discussed with United Synagogue, live last week. 

United Synogauge

Looking to connect

Despite the coronavirus pandemic, there are open positions at our global portfolio companies. See some opportunities below:

Search and filter through OurTalent to find your next challenge.


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OurCrowd

[OurCrowd in NoCamels] Job Portal Offers 350 Open Positions for OurCrowd Portfolio Companies

OurCrowd, the Jerusalem-based crowdfunding investment platform, has announced a substantial number of vacant positions available at its portfolio companies on its job portal OurTalent, amidst the ongoing coronavirus crisis.

Read more here.

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OurCrowd

Creating a Relationship with Other Companies

Hey guys! I've been a long time lurker on here, but it's my first time posting.

As a startup we are looking to build some relationships with other companies and eventually becoming a partner. For example, a company like Amazon is partnered with Accenture to help cloud management. By no means is Accenture a small company, but if you were a smaller company like Accenture in comparison to Amazon, how would a smaller company or a new startup attempt to build relationships and try partnering with a bigger company?

If anyone has any experience in building long time relationships with bigger companies, whether it resulted in success or failure, I would love to hear about it along with any advice. Thanks!

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Startups – Rapid Growth and Innovation is in Our Very Nature!

How Do Courier Companies Work?

how do courier companies work

Courier companies are similar to the usual mailing service – they help transport products & goods from A to B. They are a great alternative to the regular mailing services present since they specialize in transporting and delivering packages efficiently, enabling things such as same-day delivery.

It gets complicated when you factor in the millions of people sending things around via courier services.

So how do courier companies work and manage to get products from one side of the world to the other?


Getting Goods From A to B

A courier company, be it big or small, get their goods from A to B by being efficient with their functioning. Here’s how a courier service functions –

  • Pickup
  • Sorting & Shipping
  • Tracking
  • Delivery

Let’s go through each in detail.

Pickup

Courier services have from a few drivers to a fleet of trucks, trailers, ships and aeroplanes for getting the packages to and from anywhere in the world. Bigger players even have their very own airfields or sections of airports allotted just for them.

When an order is placed, a driver is sent to pick up the package. However, courier companies take into account different factors such as the position of the driver, and their next destination in case they have a delivery to make and prioritise accordingly by sending the driver closest to the pick-up location.


Sorting & Shipping

The collected packages are then taken to the local depot where it is consolidated before being sent to local sorting hubs. The local sorting hubs then separate goods according to various factors such as –

  • Domestic & International Shipping
  • Distance
  • Date of receiving & Date of delivery
  • Priority
  • Type of goods
  • Package size
  • Package weight

These factors are used to separate packages that are similar to one another for easier transportation and inventory management. Once sorted, the packages are prepped for being transported.

Tracking

When it comes to transportation, every package must be kept track of at all times. This requires the employment of tracking software and services. These services not only help the couriers keep track of their cargo, but also allows customers to individually track their package location and method of delivery.

Here’s the basic rundown on how a courier package is usually tracked with such accuracy –

  • Bar Code Generation – Every courier package is assigned a bar code which contains all the required details such as the place of origin, destination, and type of cargo and so on.
  • Bar Codes Scans – The bar code is scanned at every point of entry and exit, and this data is constantly being stored and update on the tracking system software. This can then be utilized to provide progress to customers and even to find out lost packages.

Delivery

This process is the same as pick up but in the reverse order. The package arrives at the destination’s sorting hub where all are further sorted out and sent to their respective local depots.

The drivers then pick the packages from the local depots to deliver it to destined addresses.


Final Thoughts

This just encapsulates the basic workings of courier services and most of the players in the field use technologies such as AI and big data to optimise and obtain maximum efficiency.

Take Amazon and their same-day delivery for example – it uses various methods which all work in tandem to deliver the customer’s product within 24 hours from when it was purchased online. Amazon tracks right from the moment a customer starts searching for the product and the algorithms and its set of highly efficient ERP software start talking with each other in microseconds to see if the product is available at the local depot closest to them. Not only that, but Amazon also uses predictive analytics model that will pre-ship the products to the destination warehouse before even customer ordered by taking into account factors such as previous demand on a per-day basis.

Courier services are 24×7 operations, with a constant inflow and outflow of parcels all making their way, steadily, to and from their intended destinations. The rise of ecommerce industry has led to true growth of courier and shipping industries.

Go On, Tell Us What You Think!

Did we miss something?  Come on! Tell us what you think about our article on How Do Courier Companies Work in the comments section.


Feedough

More and more companies are using new TLDs

Registration numbers games are masking actual use.

Big companies might prefer .com. Most people might choose .com. But there’s another trend I’ve seen over the past year that shouldn’t be overlooked: more and more companies using new top level domains.

It’s a shame that some new TLD operators played games with registration numbers when new TLDs launched. The inevitable decline in registration numbers when those domains dropped is masking what I believe to be a steady increase in end users registering and using new TLDs.

I see this a lot at my PodcastGuests.com service. People choose domains like .show and .live for their podcast websites. I spoke to a podcast company the other day that uses a .audio domain. When I searched for virtual event companies this month, I saw domains ending in .events and .live.

What was once a once-a-month occurrence became once-a-week to now once-a-day.

So much has been lost in the debate over .com vs. new TLDs. .Com stalwarts said new TLDs didn’t have a place in the ecosystem. New TLD promoters said the domains were better than .com.

Neither is correct in 2020. The answer is somewhere in the middle.

Consider the millions of domain registrations this year. A business looks for its ideal domain. If it’s in the U.S., the registrant likely starts by looking for .com. If they don’t find what they want, they might consider an aftermarket domain. A subset of people decides to use a new TLD instead.

Thus, there is a growth curve for new TLDs. It’s not a hockey stick like some people predicted. But it’s there. Actual use by actual end users will increase over time. Slow and steady, but up and to the right.

Post link: More and more companies are using new TLDs

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Domain Name Wire | Domain Name News

Are venture capital companies largely predatory towards inexperienced founders?

As in push you out, replace you with an external CEO, turn you into a badly paid overworked employee and cut you out wherever possible or do founders generally feel they're getting an alright deal regardless how the company turns out? (as in good connections and future work opportunities)

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Startups – Rapid Growth and Innovation is in Our Very Nature!

[OurCrowd CEO Jon Medved in The The Times of Israel] Not all gloom: OurCrowd portfolio companies seek 350 employees

Even as the coronavirus pandemic rages, startups are offering hundreds of new jobs. The number of vacant positions at OurCrowd’s portfolio companies has risen to 350, with 90 new job vacancies added since the start of April, 41 of them in Israel.

Read more here.

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Taking a Bite Out of Unemployment, OurCrowd Portfolio Companies Need 350 Employees

Even as the coronavirus pandemic rages, startups are offering hundreds of new jobs. `
The number of vacant positions at OurCrowd’s portfolio companies has risen to 350, with 90 new job vacancies added since the start of April, 41 of them in Israel.

Despite Israel’s unprecedented unemployment situation, high-tech companies are still recruiting. Now that Israel has gone back to work on the downside of the virus curve, entrepreneurs and startups have a huge role to play in getting our nation back to work.

OurTalent, OurCrowd’s jobs portal, currently lists 350 vacant positions from within its portfolio companies, with fresh opportunities added each week. The top recruiting companies include SixGill, BioCatch, and Locusview.

OurCrowd portfolio companies offer work in Israel and around the world. There are vacancies listed in Jerusalem, Tel Aviv and other Israeli locations, but also positions across the globe including New York, Toronto, California, Brazil and Barcelona.

Positions advertised on OurTalent are continuously updated as a service to our companies. Applicants are invited to contact the companies directly.

While global tech giants like Uber, Lyft and Airbnb are laying off staff, other startups are providing solutions people need while they are working from home and social distancing, which means many OurCrowd companies are actually expanding quicker than they originally planned.

“Even in these tough times, your dream job could be waiting at the Startup Nation’s next billion-dollar unicorn. Startups of all sizes are looking for a range of talent, from bookkeepers to illustrators to full-stack engineers,” says Laly David, OurCrowd Partner and head of Business Development.

SixGill, a company based in Netanya, is a cyber-intelligence company that analyses and monitors the deep web and dark web, providing threat intelligence for businesses against hackers and cyber-attacks. Demand for its services has grown as cyber-criminals use the pandemic crisis as cover to increase their attacks.

“SixGill is in an unprecedented momentum of growth,” says Hadar Hen, SixGill’s human resources director. “We recently closed a fundraising round and we now see it as our national duty to grow out of the crisis and set an example. As cyber intelligence technology leaders, we are looking for talents that will allow us to move on to the next stage of the field’s evolution.”

For its technical teams, SixGill is looking for people with deep knowledge of cutting-edge technology.

“We are looking for individuals with a passion for innovation and specialization in a range of leading technologies today,” Hen says. “For those looking for jobs, I would advise taking the time to acquire capabilities, especially in the fields of artificial intelligence and big data as well as polishing your resume and social profiles, and generally working on your brand to be prepared for the day after.

But the company is also looking to fill more traditional roles. It is currently searching for a full-time controller for its accounting and finance department.

LocusView is an Israeli-American tech company providing a digital platform that collects, validates, and manages new construction data for energy infrastructure.

“Our goal at Locusview is to help energy utilities build a safer world and prepare for the coming challenges of building smarter energy infrastructure,” says Rony Kaufman, the company’s Human Resources Manager. “This is a long-distance goal that isn’t removed by COVID19 or its implications. In this sense, we were lucky enough to be part of an essential industry. When COVID19 started we realized that we must give our team as much certainty as possible. We didn’t do any pay cuts and didn’t lay off any of our staff.  We understand that now is the time to find the people who want to be part of a team that continues to grow even in times of uncertainty.”

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