Staffbase, a Chemnitz, Germany-based provider of an employee intranet app for internal communications, raised €2.02m in Series A funding.
The round was led by Capnamic Ventures and Kizoo Technology Ventures.
The company intends to use the funds for US expansion, setting up a branch office in New York, internationalizing the marketing and sales department, and investing in the further development of the platform.
Led by Dr. Martin Böhringer, CEO & Co-Founder, Staffbase enables companies to launch their own intranet app to manage content like corporate news, forms, documents, calendars, shift plans, through an intuitive user interface. The focus is on non-desk workers, home-office employees and others, without direct access to the internal company network.
Customers include Siemens, Viessmann and T-Systems MMS.