Venture Capital News: WorkBoard Scores $75M Growth Financing
2021-05-04
REDWOOD CITY, CA, WorkBoard, the Enterprise Results and OKR Platform, announced today that it has raised an additional $75 million in growth funding.
SoftBank Vision Fund 2 led the round, and existing investors Andreessen Horowitz, GGV Capital, Workday Ventures, and M12 - Microsoft's Venture Fund participated alongside new investors Capital One Ventures and SVB Capital. WorkBoard will invest the funds in platform development, customer community, and expansion of its sales and marketing efforts.
WorkBoard's Enterprise Results Platform and results advisory services unlock growth and competitive advantage for customers through high alignment, strong focus, and transparency using OKRs. Since its general release in 2014, WorkBoard's Results Platform and Outcome Mindset Methodology have earned the trust of hundreds of organizations at large enterprises and high growth companies such as AstraZeneca, Microsoft, Cisco, Workday, IBM, 3M, VMware, Juniper, Zuora, LexisNexis, Malwarebytes, and more. It pioneered OKR coaching with the first of its kind professional development curriculum that has now certified over 7,000 OKR Coaches in the Outcome Mindset Method since 2018. WorkBoard is based in Redwood City, Calif. Investors include Softbank Vision Fund 2, Andreessen Horowitz, GGV Capital, Workday Ventures, M12 - Microsoft's Venture Fund, Capital One Ventures, and SVB Capital.
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