WorkBoard, a Redwood City, Calif.–based enterprise results management solutions provider, raised $30m in Series C funding.
The round was led by Andreessen Horowitz, with participation from previous investors GGV Capital, M12 (formerly Microsoft Ventures) and Workday Ventures. In conjunction with the funding, Andreessen Horowitz General Partner David Ulevitch will join the WorkBoard board of directors.
The company intends to use the funds to increase its investment in marketing, go-to-market partnerships and in core technology areas like data visualizations and machine learning.
Led by Deidre Paknad, CEO and co-founder, WorkBoard provides Enterprise Strategy and Results Management solutions to both large enterprises and later stage startups. The platform enables companies to align on outcomes and cohesively measure results across the organization. Its OKR coaching services and certification program allow organizations to achieve results velocity. Customers include Comcast Microsoft, Cisco, Workday, Zuora, Cision, Malwarebytes, McKesson and others.