Simpplr raises $70m in Series D funding

US – Employee experience platform Simpplr has secured $70m in Series D funding in an investment round led by Sapphire Ventures with participation from existing investor Norwest Venture Partners.

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The funding will be used to invest in Simpplr’s future growth and development of its employee experience platform, and brings the total amount raised by the company to date to more than $131m.

Additional investors included Tola Capital and Salesforce Ventures, and Jai Das, president and partner at Sapphire Ventures, will join Simpplr’s board of directors upon closure of the latest funding round.

Simpplr has also made several executive hires, including Tim Lambert as chief revenue officer, Bala Kasiviswanathan as chief product and customer experience officer, Parag Kulkarni as chief technology officer, Aykut Firat as chief data scientist and Paige Leidig as chief marketing officer.

Dhiraj Sharma, founder and chief executive at Simpplr, said: “From measuring employee engagement in real-time to enabling effective communication and building community and connection, Simpplr’s customers continue to realise how important employee experience is to retention, productivity and talent acquisition.”

Das added: “The employee experience continues to be a major focus for employees and employers alike. A key pillar of a positive employee experience is engagement.

“As companies prioritise employee needs, Simpplr’s mission to transform the work experience for each and every employee through better engagement, regardless of location, is essential for any company focused on business growth.”

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