Moveworks Raises $200M in Series C Funding
- Moveworks, a Mountain View, Calif.-based AI platform that automates support at work, closed a $200m Series C financing
- The round was led by Tiger Global and Alkeon Capital, with participation from existing investors Lightspeed Venture Partners, Sapphire Ventures, Bain Capital, ICONIQ Growth, and Kleiner Perkins
- In addition, Nikesh Arora, Chairman and CEO of Palo Alto Networks and Former Chief Business Officer of Google, will be joining the board as independent director
- The company, which has now raised $315m in total funding with a valuation of $2.1B, intends to use the funds to continue to expand operations and its business reach
- The company is an AI platform purpose-built to solve employees’ support issues, from IT tickets to HR requests to policy questions
- The platform is used by customers like DocuSign, Broadcom, and Western Digital
