Logo
WalkMe secured $90 Million for Digital Adoption Platform Growth

WalkMe secured $90 Million for Digital Adoption Platform Growth

WalkMe secured $90 Million for Digital Adoption Platform Growth

WalkMe, a CA-based digital adoption platform, secured $90 million in the funding round.

Vitruvian Partners led the latest funding round while Insight Partners also noted their participation.

Founded in 2011, CA-based, WalkMe offers a digital adoption platform. The platform is powered by Machine Learning, Artificial Intelligence, automation, and analytics capabilities. To date, the company has raised a total of $307.9 Million funding in a total of 9 funding rounds, according to CrunchBase.

Executive Opinion

Co-founder and President of WalkMe, Rafael Sweary, said, "This latest round of funding speaks to our success and to the untapped potential of digital adoption. WalkMe transforms how organizations gain visibility into their end-to-end business processes, driving workforce productivity, increasing customer satisfaction, and achieving higher operational efficiencies."

Managing Partner of Vitruvian Partners, Mike Risman, said, "In a few short years, WalkMe has emerged as the category-defining market leader in the fast-growing Digital Adoption Solutions space. We are excited to partner with WalkMe as an investor during this pivotal time of accelerated growth, and global expansion as the company capitalizes on its market leadership. WalkMe helps the world's most forward-looking enterprises deliver on their digital transformation strategy. The company's platform delights employees with more efficient software interactions, empowers business process owners to steer and re-engineer workflows and provides analytics to help CIOs manage the complexity of the digital transformation proactively."

More on WalkMe's Latest Funding

The company is founded by Rafael Sweary. WalkMe offers a digital adoption platform that simplifies the user experience and drives the action using the engagement, guidance, engagement and automation capabilities. WalkMe uses its patented technology and places an invisible overlay on top of all applications to track user journeys and provides suggestions to the user.

The company plans to use new funds to continue to scale its operations and its business reach including Latin America.

The company's Digital Adoption Platform (DAP) is used by more than 2000 companies across the globe which includes more than 30% of the Fortune 500 companies. WalkMe's DAP makes it effortless to use any software, website or app – analyzing and automating processes so users can complete tasks faster and easier, notes the announcement.


PC: Pablo, Pixabay

Note: We at TechSutram take our ethics very seriously. More information about it can be found here.
Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

No comments:

Post a Comment

    Your valuable comments are welcome. (Moderated)