BetterWorks’ software helps enterprises to manage and track their employees’ progress. Its customers include AOL, Airbnb, and Shutterstock.
The Redwood City, California-based startup said that the funds from this investment will be used to “further develop its operational suite and continue to expand up-market.”
Kleiner Perkins Caufield & Byers and 8VC also participated, alongside all of BetterWorks’ prior investors. BetterWorks has raised at least $35 million, including a $15 million round in 2014.