Deals

Workboard takes $2.75 million to make working smarter part of every enterprise

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.”