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Kind of surprised by a sum that high. From everything I've heard from people close to the company they've been struggling really hard to close big contracts (a
by hobofan 8y ago
Kind of surprised by a sum that high.
From everything I've heard from people close to the company they've been struggling really hard to close big contracts (and spending a lot of time/money/effort on building prototypes for that), and they've been hemorrhaging employees the last year.
- MrBuddyCasino 8y agoJudging by what former employees say, also an extremely questionable management team, at least in the Berlin office.
- cominous 8y agoI can confirm this - I got similar information from several employees. The market is extremely hard and doesn't scale well. They did a great job solely by surviving and I'm really happy, that their hard work is rewarded now.
- fh973 8y agoIn the end, they closed the biggest contract that matters.
- johannes1234321 8y agoConsidering they have raised 66M it isn't really a high sum. More like a "happy somebody bought it" deal. https://www.crunchbase.com/search/funding_rounds/field/organizations/funding_total/relayr https://www.crunchbase.com/search/funding_rounds/field/organ...