Dynamic Signal, a San Bruno, CA-based provider of an Employee Communication and Engagement platform, raised $36.5m in growth financing.
Participants included Adams Street Partners, Akkadian Ventures, Cisco Investments, Focus Opportunity Fund, Founders Circle Capital, Microsoft Ventures, Rembrandt Venture Partners, Time Warner Investments, Trinity Ventures, and Venrock. In conjunction with the funding, Robin Murray from Adams Street Partners joined the board while Donald Tucker, from Cisco Investments, joined as board observer.
The company, which has raised $88m in total funding, intends to use the funds to expand the platform’s capabilities and hire new people.
Led by CEO and co-founder Russ Fradin, Dynamic Signal provides a platform that streamlines and measures all types of employee communication and content, those created in the platform and those originating in the many integrations already supported by Dynamic Signal – including widely used systems of record (HRIS, CRM, SSO, Identity Management, etc.), Intranet providers and collaboration/social networking tools such as Facebook, Slack and Yammer.
The company, which also has offices in Seattle and Chicago, London, New York, and Silicon Valley, has also announced:
– DySi Open, a free Dynamic Signal powered-community that allows communication, HR and marketing professionals to experience the Dynamic Signal platform and connect with their peers in the same way their employees would experience Dynamic Signal within their organizations.
– newsletters, which allow customers to create personalized newsletters by selecting multiple pieces of multimedia content and dropping them into a customized, formatted template.
– Surveys, which allow communicators, marketers and HR professionals to measure efficacy, benchmark impact, and gather employee feedback with Employee NPS, custom and pulse surveys to targeted employee segments.
– Video Broadcasting, which allows customers to natively capture, edit, submit, review and share real-time video with targeted employee segments, to be consumed on the channels or devices most convenient for the way they work.