By ET Bureau - July 22, 2022 1 Mins Read
The self-described continuous performance management startup 15Five Inc. announced that it has raised a total of USD 94.1 million in funding to date after securing USD 52 million in a fresh round of funding.
A number of current investors, including Next47, Origin Ventures, Matrix Partners, Point Nine Capital, and New Ground Ventures, participated in today’s Series C round, which was led by Quad Partners.
The funds from today’s round, according to 15Five, will enable it to engage in research and development with the goal of better integrating performance measurement and coaching so managers can have a greater impact on team performance. The business also intends to grow its go-to-market teams and may eventually make some acquisitions.
The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.
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