Simpplr, a Redwood City, CA-based provider of modern intranet software, raised $10m in series B funding.
The financing, which brought the total amount raised to nearly $30m, was led by Norwest Venture Partners with participation from Salesforce Ventures.
The company will use the new funding to accelerate product innovation and its go-to market expansion and extend its partner ecosystem.
Led by Dhiraj Sharma, Founder and CEO, Simpplr Simpplr provides a platform for companies to engage their workforce by streamlining internal communication and forging employee connections. Leading industry brands such as Workday, AAA, Fox, Vertex Pharmaceuticals, DocuSign, Eurostar, The World Economic Forum and Columbia University use Simpplr to improve productivity, increase employee engagement and reduce employee turnover.
The company, which also has an office in Gurgaon, India, recently launched its first auto-governance engine, built on AI technology to ensure that intranet content is up-to-date, relevant and useful. It also introduced significant enhancements to its Adaptive Personalization, which tailors the user’s experience based on role, location, tenure, department, topical interests and previous searches so that only relevant content is served.
FinSMEs
11/08/2020