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ActivTrak: Raises $50M in Series B Funding

  • ActivTrak, Inc., an Austin, Texas-based provider of workforce analytics and productivity management software, raised $50m in Series B funding
  • The round, which brought ActivTrak’s total funding to-date to $77.5m, was led by Sapphire Ventures with participation from Elsewhere Partners
  • In conjunction with the funding, Nino Marakovic, CEO and Managing Director at Sapphire Ventures, will join ActivTrak’s board of directors
  • The company intends to use the funds to scale go-to-market activities in sales, marketing, and channels, and expand platform capabilities
  • ActivTrak provides a cloud-native SaaS platform that collects real-time work activity data about people, processes, and technology
  • The company now has more than 8,000 customers and over 250,000 users, and recently launched the ActivTrak Workforce Productivity Lab
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