WorkSpan announced the successful close of additional funding led by Mayfield with participation from Redline Capital, Microsoft’s M12 ventures, Nautilus, and Knollwood. Raising funds during this unprecedented macroeconomic climate is a testament to the powerful business model and growth WorkSpan has consistently demonstrated. Funds will be used to continue the company’s rapid growth as the leader in helping the world’s most recognized technology companies grow revenue through their partner ecosystems.
“We appreciate the vote of confidence by customers and investors, especially in this unprecedented and challenging time”, Mayank Bawa, CEO and Co-Founder of WorkSpan said, “Indeed, our customers tell us that, having digitized their partner programs with WorkSpan, their teams have stayed connected and are driving revenue while working from home.”
“Raising funds in these unprecedented times is not only a testament of our tremendous value proposition but also helps us drive continued growth and momentum as we look to build the company for the long-term,” said Puneet Mittal, Chief Financial Officer.