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Nexthink Raises $85 Million

12.12.2018 12:30

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Nexthink, the leader in digital employee experience management-software for enterprises, has secured $85 million in a new funding round. Led by Index Ventures, the investment will support the company’s rapid growth and fuel global expansion.

Over the past few years, Nexthink has achieved exponential growth to become the leader in Digital Employee Experience. Its innovative technology allows IT departments to become proactive by having real-time visibility across the digital workplace, gather real-time feedback from employees and automate remediations. Customers experience up to a 30% reduction of IT incidents resulting in dramatic savings in support costs and less employee frustration. The platform also allows companies to transform the digital workplace with real-time analytics across the entire end-user computing landscape.

With more than 7 million endpoints across 900 enterprise customers, such as market leaders Adobe, Advocate Healthcare, BlackRock, Commerzbank, Safran, Sega HARDlight, Tiffany & Co., Vitality, Wipro and Western Union, Nexthink is leading the way in helping to deliver optimized digital experiences to employees across the enterprise.

Today, the company has raised $85 Million for the next steps. The round was led by Index Ventures and includes participation from returning investors Highland EuropeForestay CapitalVI PartnersAuriga Partners and Galéo Capital and new investors TOP Funds and Olivier Pomel, Co-founder and CEO of Datadog.

The funds will be used to accelerate Nexthink’s global sales efforts, drive the continued enhancement of its digital employee experience management platform for enterprises and fuel the company’s international growth and expansion in key markets, including the United States.

Nexthink also announced that Index Ventures’ Partner and Founder, Neil Rimer, has joined the company’s board of directors. “Businesses around the world are becoming more employee-centric. They have recognized that talent is their biggest asset and that a better experience for their workforce is a real competitive advantage. By proactively measuring the performance of IT systems from the employee’s point of view, Nexthink removes the frustrations that many employees encounter almost every working day,” said Rimer. “Based on this compelling proposition, Pedro and his team have created a leader in a category that is forecast to expand significantly over the coming years. We’re thrilled to be working with Nexthink.”

(Press release)

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