ActivTrak Raises $20M in Series A Financing

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Summary

ActivTrak , an Austin, Texas-based cloud productivity monitoring software provider, raised $20m in Series A financing. In conjunction with the funding, software industry veteran and Elsewhere Partners Operating Advisor Rita Selvaggi will take over as chief executive officer for ActivTrak. Technologist and Elsewhere Partners Operating Advisor Josh Stephens will provide ongoing counsel on product strategy. Co-founded by Anton Seidler and Herb Axilrod, co-founder, ActivTrak is a cloud-based productivity monitoring software provider that allows organizations to understand how their employees get work done. Selvaggi has also held leadership roles at Blue Coat Systems, Permeo Technologies, pcOrder and IBM.

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Amount $27.5M Total raised
Date March 28, 2019 Announcement date
Investors - Lead investors
Company activtrak.com Funded company

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