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IAN Invests in Pune Startup InnovizeTech

Pune-based InnovizeTech Software, a software product company, has received an undisclosed quantum of investment from Indian Angel Network (IAN). The company has a patent-pending product called Sapience which delivers solutions to measure and analyse enterprise effort and time productivity. It sits on each person’s computer and un-intrusively measures work activity, while ignoring usage for private purposes. The company supports on-premise installations as well as cloud-based hosting.

InnovizeTech’s four founders are Swati Deodhar, Madhukar Bhatia, Hemant Joshi and Shirish Deodhar, all alumni of Palo Alto, California-based Symphony Services. Harish Mehta and Rehan yar Khan join the InnovizeTech board on behalf of IAN.

(Source: Press Release)

Posted in Startups, Venture Capital.

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