Parsable Raises $60M in Series D Funding
Summary
Lorrissa Horton, vice president and general manager of WebEx Teams at Cisco, will join as an observer on the Parsable board of directors. The company intends to use the funds to accelerate its growth including Asia, EMEA and Latin America, invest in its network of global partners and integrations, and further deepen the enterprise depth and capabilities of its platform. In addition to measuring every step and action, workers can raise issues and provide feedback in real time so that every process is quickly analyzed and improved. With Parsable, companies gain visibility into their operations, uncover detailed data about their work processes for continuous improvement, and attract new talent. Customers include such companies as Corteva Agriscience, Grupo Bimbo, Georgia-Pacific, Henkel, Shell, Suntory and Yara, in addition to many other leading global producers in consumer packaged goods (CPG) manufacturing, paper and packaging, transportation, and energy.