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Teamwork Solutions Platform Closes $50 Million in Series B

Teamwork Solutions Platform Closes $50 Million in Series B
Credit: klaxoon.com

Klaxoon, the creator of a SaaS teamwork solutions platform, closed $50 million in Series B Funding in a round led by Idinvest Partners, with participation from early round investors Bpifrance, Sofiouest, Arkea, and White Star Capital Fund.

Klaxoon’s solutions are designed to address one of the most daunting challenges of teamwork – making meetings efficient. Launched in 2015 after two years of intensive development, its SaaS platform of advanced tools strives to increase users’ engagement, facilitate better and faster decisions, improve information retention, encourage creativity, and track actionable outcomes.

Klaxoon plans to use the funds to boost its R&D development and further extend its international presence.