Rallyteam Secures $8.6 Million

HR technology startup Rallyteam announced it has raised $8.6 million in Series A financing, led by Norwest Venture Partners and Storm Ventures. Cornerstone OnDemand and Wilson Sonsini Goodrich & Rosati also participated.

Rallyteam is an internal mobility platform that aims to enable companies to understand and use their most valuable assets – their people. It helps organizations develop, engage, and retain top talent by offering them growth and experiential learning opportunities, fostering collaboration and continuous feedback, and rewarding top performers with new opportunities and recognition. Rallyteam matches employees to projects, tasks, ideas and people and enables teams to respond faster to change.