WorkBoard, a Redwood City, Calif.-based provider of an Enterprise Results and OKR Platform, raised $75m in growth funding.
The round was led by SoftBank Vision Fund 2 with participation from existing investors Andreessen Horowitz, GGV Capital, Workday Ventures, and M12 – Microsoft’s Venture Fund and new investors Capital One Ventures and SVB Capital.
The company intends to use the funds for platform development, customer community, and expansion of its sales and marketing efforts.
Led by Deidre Paknad, CEO and Co-Founder, WorkBoard provides an Enterprise Results Platform and results advisory services. Since its general release in 2014, the company’s Results Platform and Outcome Mindset Methodology have been used by hundreds of organizations at large enterprises and high growth companies such as AstraZeneca, Microsoft, Cisco, Workday, IBM, 3M, VMware, Juniper, Zuora, LexisNexis, Malwarebytes, and other financial institutions, manufacturers, life science, and healthcare companies. WorkBoard’s OKR coaching features a professional development curriculum that has now certified over 7,000 OKR Coaches in the Outcome Mindset Method™ since 2018.