GuideSpark, a Menlo Park, CA-based provider of an employee communications and engagement platform, raised over $15m in funding.
The round was led by New Enterprise Associates (NEA) with participation from existing investors Storm Ventures and IDG Ventures. In conjunction with the funding, Peter Sonsini, from NEA, will join GuideSpark’s board.
The company intends to use the funds to invest in new products, technology, and employees.
Led by Keith Kitani, CEO, GuideSpark provides customers with a platform to educate employees and deliver information on complex topics such as benefits, healthcare reform, compensation programs, compliance, etc., via engaging video and mobile experiences.
The company also provides cloud-based access to advanced analytics to measure and drive their engagement.
Customers include L’Oreal USA, 7-Eleven, Adobe, BOX, and News Corp.