Long before Rypple, we started a software company called Workbrain.
Workbrain helped huge companies schedule and pay people. Within a few years, we grew to over 650 people. Like every big company, we set up a "Performance Management" program. We thought that formal reviews would help us manage people and the business. They did. Sort of.
Our process helped the company but not our people. It calculated bonuses and created employee records. But it didn't help people continuously learn and improve.
We noticed a few other things. Reviews were infrequent, vague, and time consuming. It was all about compensation and promotions. Giving and getting honest, direct, and insightful feedback was hard. Most people bypassed the formal "Performance Management" program and went straight to their trusted advisers for the real feedback that leads to higher compensation and promotions.
That's when our light bulb went off: We should build a service that put people first. A service that helped people to advance their careers, get more productive, and get ahead.
News on Rypple
Digital Media Zone at Ryerson University alumnus company Figure 1 announced today that it has raised $2 million in seed funding. Figure 1, which developed a healthcare photo sharing app, incubated... more
San Francisco-based Salesforce continued its Canadian startup shopping spree last week, scooping up Halifax-based GoInstant. GoInstant marks the fourth time in just over two years that Salesforce... more
While mergers and acquisitions are always interesting for industry analysts, the most recent bout of activity—including the acquisitions of Rypple and SuccessFactors by Salesforce and SAP... more
Salesforce.com has just announced the acquisition of Toronto startup Rypple, a social performance platform. Rypple was a CIX Top 20 in 2009 and raised $7 million in 2010. "Salesforce.com and... more
Under the Radar wrapped up in Mountain View, California earlier today and one of the five startups representing Canada took home an award. Toronto's Rypple and Wave Accounting, Waterloo's TribeHR... more
This summer's GROW 2011 Conference in Vancouver has does wonders to help connect Canadian tech startups with Silicon Valley. A prime example of this is the five confirmed Canadian startups that... more
Rypple, a web-based social performance management platform, has launched a social mobile app for managing performance at work. Rypple’s iPhone app allows managers and employees to recognize... more
It's that time of year again where Techvibes singles out 10 Digital Media People to Watch in Ontario in the coming year. We did a pretty good job in 2010 with Facebook Managing Director Jordan... more
Daniel Debow didn’t realize the business plan he helped write would turn into a $100 million company. He was approached by entrepreneur David Ossip to help write the plan for Workbrain, a... more
This week Sprouter is hosting a special Sprout Up Toronto to celebrate Small Business Week 2010. The guest speaker will be Daniel Debow, one of Ask.Sprouter.com’s expert entrepreneurs and... more
On Tuesday, October 19th Enterprise Toronto is hosting their annual Small Business Forum and how to find and secure financing for early-stage ventures will be a hot topic. The event's more than... more
Today, popular Toronto-based social software developer Rypple announced it has raised $7 million in financing led by Bridgescale Partners. With this most recent round of financing, Rypple has... more
The GROW 2010 technology conference took place last week at the Vancouver Convention Center, and Techvibes was on location with an on-site studio conducting video interviews with a... more
This is the second post in a series by Jordan Behan highlighting the successful marketing practices of Canadian startups. Behan is the Director of Marketing of Strutta and knows a thing or two... more
Last week we asked 5 members of the Toronto online community about their thoughts of the South by Southwest Interactiveconference in Austin, Texas? We spoke to Erin Bury Melissa Smich Saul... more
Third up during the ICT stream of today's CIX Top 20 presentations is Daniel Debow, Co-CEO of Rypple. Rypple is a tool that allows companies and their employees to get frequent feedback that they... more
Last week Krista Napier of IDC Canada singled-out 10 interesting Canadian companies in the cloud computing space. Napier warns this isn't a Top 10 list but rather a selection of up-and-coming... more
Toronto DemoCamp20 held on May 25th at the Imperial Pub was a smashing success with several great presentations by local start-ups. I managed to capture a few of them on video. This video shows... more
For the last 1 - 2 years our firm has been seeing lots of heavyweights return to the market. When I refer to "heavyweights", I'm referring to entrepreneurs who previously led start-ups that had... more
I spend a lot of time looking at what is going on in the world of HR software, partly because we are in the space, partly because it is interesting, and partly because there is a MASSIVE amount of... more
The 10th Canadian Undergraduate Technology Conference (CUTC) begins in Toronto today at the Hilton. CUTC is the largest student-run conference in Canada, and over the next two days, it will bring... more
Canadian Undergraduate Technology Conference (CUTC) returns next week to Toronto for its 10th edition. Started by some University of Waterloo students, it is now the largest student-run conference... more