Smart Calendar App Company Tempo Raises $10 Million
Tempo is a smart calendar application company that launched this past February. The company has raised $10 million in Series A funding this past week. This round of funding was led by Relay Ventures and Sierra Ventures. Mayfield Fund, Horizon Ventures, Qualcomm Ventures, SingTel Innov8, Miramar Venture Partners, SRI International, Golden Venture Partners, Seavest Capital Partners, ENIAC Ventures, Gaurav Garg, and Peter Wagner also participated in this round. Relay previously led Tempo’s $2.5 million round of funding.
Kevin Talbot (Relay Ventures), Ben Yu (Sierra Ventures), and Norman Winarsky (SRI) are joining Tempo’s board of directors. The company reported that their smart calendar will be turned into a personal assistant app. Tempo spun out of SRI, which is the same company that is known for developing Apple’s virtual assistant, Siri.
Tempo automatically pulls up e-mails, LinkedIn profiles, and driving directions that are related to each meeting. “We think of ourselves as a big data company, and we’re building our understanding of calendar,” stated Tempo CEO Raj Singh.
The funding will be used on improving Tempo’s technology. Tempo currently has around 15 employees currently. The company does not have any immediate plans to move out of the SRI campus. Tempo was founded by Raj Singh, Corey Hulen, and Thierry Donneau-Golencer.