, Dynamic Signal, today announced that it has raised $25 million in growth financing. Participants in this round included new investors, Akkadian Ventures, Microsoft Ventures and Focus Ventures in addition to participation by existing investors, Trinity Ventures, Venrock, Rembrandt, and Time Warner. This round of financing brings Dynamic Signal’s total funding to $68.3 million.
The California-based company will use the newly raised funds to expand its international operations and further strengthen its investments in engineering, sales, marketing, and customer success to serve its expanding roster of world class enterprise customers.
“Organizations are recognizing the need to communicate with employees in a way that mirrors how we communicate in our everyday lives,” said Dynamic Signal CEO and co-founder, Russ Fradin.
“Informed employees are more productive, engaged, and more likely to become advocates; profoundly impacting a company’s top and bottom line. We look forward to collaborating with our new and existing investors as we continue to scale to meet growing market demand all over the world.” Fradin added
Nagraj Kashyap, Corporate Vice President, Microsoft Ventures believes that Dynamic Signal is changing the way that companies communicate with their employees with enterprise-grade technology that seamlessly integrates with existing global business processes.
According to Ajay Chopra, General Partner at Trinity Ventures, Dynamic Signal is the leader in enabling corporations to engage, inform and motivate the significant portion of the working population that does not have corporate email.
“They are serving the ‘forgotten masses’ who don’t hear enough from their corporations despite being loyal employees. Trinity was the first investor in Dynamic Signal and we’re delighted to see that they’re continuing to change the way the world communicates at work.” he added
Innovative organizations like GE and Procter & Gamble use Dynamic Signal to communicate with employees, creating a more connected workforce and driving powerful results for their global companies.