Emergence Capital led a $20 million investment for BetterWorks, the startup announced today.
BetterWorks’ software helps enterprises to manage and track their employees’ progress. Its customers include AOL, Airbnb, and Shutterstock.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1903852,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"A"}']The Redwood City, California-based startup said that the funds from this investment will be used to “further develop its operational suite and continue to expand up-market.”
Kleiner Perkins Caufield & Byers and 8VC also participated, alongside all of BetterWorks’ prior investors. BetterWorks has raised at least $35 million, including a $15 million round in 2014.
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