GuideSpark, which provides HR organizations with a platform to turn paper-based training material into interactive and mobile courses, has raised a $22.2 million Series C led by Meritech Capital Partners with participation from previous investors New Enterprise Associates, Storm Ventures, and IDG Ventures.
The new round brings the total funding raised to $42.2 million and will be used to invest in product, sales, and marketing. GuideSpark raised a $15 million Series B a year ago.
According to GuideSpark the company has over 500 customers ranging from small businesses to 15% of the Fortune 500. GuideSpark’s platform helps those organizations to communicate and engage with their employees through customized video and mobile experiences throughout every stage of the employee life cycle.
Further Reading
- GuideSpark Raises $22.2 Million in Series C Financing Round | Market Wired
- GuideSpark Raises $22.2M To Create Customized Videos That Make HR Less Tedious And Confusing | TechCrunch
- GuideSpark Snags $22M Series C for Developing HR Communication Tools | Xconomy