202114 Jul

Simpplr raises $32M for its intranet platform

Summary

As Simpplr CEO and founder Dhiraj Sharma told me, the Series B round was meant to help the team accelerate product innovation and development. To keep up with this growth, the company doubled its team since last August (though Sharma, just like many other startup founders Ive recently talked to, also bemoaned that it’s becoming increasingly hard to find talent). Today, its customer base includes a number of early adopters like Splunk or Nutanix, which were always building toward a global workforce and always had a need for a product like Simpplr. But due to the pandemic, more traditional businesses like Fox, AAA insurance or Renewal by Andersen also needed to quickly find ways to support their newly remote workforces. Simpplr is obviously not the only intranet solution on the market, but Sharma argues that the service isnt just recognized by analyst firms like Gartner and Forrester, but also highly reviewed by its customers, in large part thanks to its focus on user experience.

Source: Yahoo

Funding

$32M
Amount
Jul 14 2021
Date
-
Investor
Simpplr Inc
Company

Classifications

Companies