Workboard, which makes software for enterprise managers, has just announced a $2.75 million round of funding.
This is the startup’s first round of institutional funding, and it was co-led by Granite Ventures and Opus Capital with participation from Crosslink and Shea Ventures.
The software is intended to increase worker productivity and engagement, thus boosting a company’s bottom line.
“Managers want more efficient, effective ways to link goals to work to reported results while teams want to know their work is relevant and valuable,” said co-founder Dierdre Paknad in a statement on the news.
“With Workboard, it is as easy to publish goals, coordinate work and track results as it is to share social status. Execution and satisfaction both improve.”
With its status transparency and reporting app, Workboard Inc. drives step-change improvements in productivity and execution velocity.
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