Digital Adoption Platform Whatfix Raises $12.5 Million in Series B

Whatfix acquired $12.5 million in a Series B funding round led by Eight Roads Ventures India with participation from its US-based sister fund F-Prime Capital and Cisco Investments. Existing investors Stellaris Venture Partners and Helion Ventures Partners also participated in the round.

Whatfix plans to use the funds to continue its expansion in the US and global digital adoption enterprise application software markets. The company plans to also grow their marketing, sales, research and development teams in the US and India.