Lattice, a San Francisco, CA-based provider of a people management platform for businesses with people-first cultures, raised $60m in Series E funding at a new valuation of $1 billion.
The round, which brings total funding to $158m, was led by Tiger Global joined by existing investors Thrive Capital, Shasta Ventures, Founders Fund, Frontline Ventures, Fuel Capital, Khosla Ventures, and several new angel investors.
The company intends to use the funds to continue growth, advance its product offerings, and explore international opportunities.
Led by Jack Altman, CEO and co-founder, Lattice is a people management platform that enables people leaders to develop engaged, high-performing teams. By combining continuous performance management, employee engagement, development, and growth in one solution, HR and People teams get real-time analytics that leads to actionable insights to help managers, employees and companies. The company currently serves over 2,500 customers including Slack, Cruise, and Reddit and has a team of over 225 employees.