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Data Integration Enterprise Software Human Resources Management Information Systems North America SaaS

Ally raises $50M as remote work drives demand for goal-setting collaboration software

– Ally, a goal-setting collaboration software, raised $50m funding.
– The round was led by Green Oaks Capital, Tiger Global, and Madrona Venture Group.
– Total funding to date is $76m since the company’s launch in 2018 and two previous rounds raised in 2019.
– The company helps companies track and hit their goals, or Objectives and Key Results (OKR).
– Customers include brands such as Dropbox, Nike, Overstock.com and others.

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Data Integration Enterprise Software Human Resources Management Information Systems North America SaaS

Ally.io raises $50 million to help businesses adhere to OKR-based goals

– Ally.io, a platform that helps enterprises develop and track their objectives and key results (OKRs), has raised $50 million in a series C round of funding led by Greenoaks Capital.
– Founded in 2017, Seattle-based Ally.io targets management, teams, and individuals with software designed to give them visibility into the whole work process, joining the dots between tasks and broader company objectives.
– Ally.io had previously raised $23 million, and with another $50 million in the bank, the company is well-financed to build on momentum it said has boosted its revenues by more than threefold over the past year and allowed it to amass a roster of high-profile customers, including Dropbox, Nike, and Slack.

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Document Management Management Information Systems North America Productivity Tools SaaS

airSlate Secures $50 Million from Silicon Valley Bank

– airSlate secures $50m in debt financing from Silicon Valley Bank for a total of $130m in capital raised to date.
Silicon Valley Bank‘s technology banking team is excited to support breakout companies like airSlate through their next phase of growth.
– airSlate enables non-technical users to digitally transform their front and back-office business processes, including employee and customer onboarding, sales and ordering workflows, and contracts and payments.
– More than 600,000 customers worldwide and 25 million users have realized significant improvements in the delivery and effectiveness of their departments with airSlate’s solutions.
– airSlate’s no-code business automation platform is creating valuable workflow solutions for small and mid-sized businesses across verticals.

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Document Management Management Information Systems North America Productivity Tools SaaS

AirSlate raises $50 million more to automate enterprise workflows

– AirSlate has raised $50m in debt financing from Silicon Valley Bank.
– The capital comes after a $40m round in January led by Morgan Stanley and General Catalyst, and it brings the company’s total raised to $130m.
– When McKinsey surveyed 1,500 executives across industries and regions in 2018, 66% said addressing skills gaps related to automation and digitization was a “top 10” priority.
– According to market research firm Fact.MR, small and medium-size enterprises are expected to adopt business workflow automation at scale, creating a market opportunity of more than $1.6bn between 2017 and 2026.
– AirSlate launched its first product — a PDF editor — in 2008.

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