Friday, March 29

Tag: Sapphire Ventures

ActivTrak Raises $50 Million in Funding Led by Sapphire Ventures
FUNDING

ActivTrak Raises $50 Million in Funding Led by Sapphire Ventures

AUSTIN, Texas, 17th Nov. 2020-- ActivTrak, a workforce analytics and productivity management software raises $50 million in Series B funding. The funding will use to scale go-to-market activities in sales, marketing, and channels, and expand platform capabilities using AI-driven analytics to help companies better understand and optimize how digital work gets done. With this round, ActivTrak’s raises total $77.5 million in funding. “The move toward remote work has triggered companies to rethink how they measure and analyze employee productivity in today's digital workplace,” said Nino Marakovic, CEO and Managing Director at Sapphire Ventures, who will join ActivTrak’s board of directors. “We're excited to welcome ActivTrak to our portfolio, and to partner with CEO Rita Selvaggi a...
Digital Marketing Company Raises $20 Million Series B Funding
FUNDING

Digital Marketing Company Raises $20 Million Series B Funding

US based Digital marketing firm Punchh has raised USD 20 million funding in a Series B round led by Sapphire Ventures. Cervin Ventures also participated in this round bringing the total funding close to USD 31 million till date. Company's R&D and development center are based out of Jaipur, India. With the fresh funding round, the team will expand its Punchhs solutions to new industries like health and beauty, convenience stores, and gas stations as well as to roll out predictive marketing capabilities using artificial intelligence and machine learning, it added. Headquartered in Mountain View, CA, Punchh is the world leader in innovative digital marketing products for brick and mortar retailers, combining AI and machine learning technologies, mobile-first expertise, and Omni-C...