Sapho, a San Bruno, Calif.-based provider of productivity apps for the modern workforce, closed $14m Series B funding.
The round was led by Caffeinated Capital with participation from new investor Felicis Ventures and existing backers Alsop Louie Partners, SoftTech VC, Morado Ventures, AME Cloud, and Bloomberg Beta.
The company intends to use the new funds to build a global sales team.
Founded in 2014 by Fouad ElNaggar, CEO, Sapho provides employees with a modern portal experience that surfaces relevant tasks and data using micro apps which – built by IT on top of existing systems and delivered to any device, intranet, or messenger – aim to streamline their internal workflows, enable smart decision-making, and increase employee effectiveness and productivity.
Customers include enterprises like Boral, HCL, and Turner Broadcast Systems, among others.
In addition to the funding, the company is also announcing that Mike Carpenter, CrowdStrike President of Global Sales and Field Operations will join the Sapho advisory board to help Sapho build out a global sales organization.
FinSMEs
19/04/2017