Singapore-based EDBI made the investment joining a $40m Series F financing round led by Insight Venture Partners and Mangrove Capital Partners, bringing the total Series F raised to $50m.
The company, which has raised $217.5m to date, intends to use the funds to expand and localize its digital adoption offering in the Asia Pacific market through Singapore.
Founded in 2011 by Raphael Sweary, president, WalkMe provides a Digital Adoption Platform (DAP) using artificial intelligence, engagement, guidance and automation to assist users to complete tasks within any enterprise software, mobile application or website.
The company’ software is used by nearly 2,000 enterprises globally.
WalkMe already has a meaningful presence in Asia Pacific, with offices in Australia and Japan.
FinSMEs
14/11/2018