The automatic time tracking tool has quickly become a service-industry staple and is currently used by more than 5,000 paying businesses across 160 countries. Funding will also support the development and launch of Memory’s highly anticipated “deep work” tool, Dewo, which leverages AI to help teams create more time for focused, distraction-free work. Mathias Mikkelsen, Founder and CEO of Memory, commented: “We’ve been extremely careful with the investors we’ve brought into the fold and I think that shows by the continued support we’ve received from our existing partners each step of the way. We are very impressed by Memory’s team and the results they have created so far. With $14 in place and with new strong investors onboard, Memory is well positioned for continued fast growth.”

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