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Miguel Cordon · · 1 min readSoftBank leads $90m round of digital adoption platform Whatfix
Whatfix, a digital adoption platform that helps upskill employees on different enterprise software, has raised US$90 million in its latest round of funding. This pushes its total raised amount to date to US$139.8 million and triples its valuation from 15 months ago.
More funding details
- Lead investor: SoftBank Vision Fund 2
- Other investors: Eight Roads Ventures, Sequoia Capital India, Dragoneer Investment Group, F-Prime Capital, and Cisco Investments
- Stage: Series D
More company updates
- It will use the new funds to continue growing its footprint in the US while accelerating its expansion into new markets such as Asia Pacific and Europe.
- Whatfix will also set aside some of the capital for product innovation efforts focusing on AI, enterprise solutions, and personalized experiences.
- The new capital comes after Whatfix tripled its revenue and headcount across its six global offices in the last two years, according to the company.
- Whatfix has 500 customers worldwide, including The Netherlands Red Cross, Experian, Sentry Financial Services, Cardinal Health Canada, and BMC Software.
For more coverage of the company, head here. You can also click on the link below to view key details about the company, as well as its funding history.
Editing by Collin Furtado and September Grace Mahino
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