Yammer Competitor Jostle Raises $3.1 Million
Jostle is an enterprise Intranet platform based in Vancouver, Canada. The company’s People Engagement platform helps organizations around the world “drive their culture.” The company was founded by Don Bell, the co-founder of WestJet. Photos of people in the organization is a major foundation of the service. Jostle has recently raised $3.1 million from angel investors. The company raised a total of $4.6 million.
When using Yammer, you will see a river of news that looks similar to the Twitter news feed. The Jostle social platform shows a landscape of pictures that can be filtered by name, role, and skill. You can also see activities that are popular across the company and how people relate to each other.
Jostle has around 52 shareholders and they pride themselves on attracting funding from a large group of individuals. Around 84% of their investors come from a risk profession like medicine, oil and gas, and property development.