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iObeya Raises $17 Million to Revolutionize Visual Management and Expand U.S. Footprint With New Seattle Office

Jul 24, 2020•about 5 years ago

Amount Raised

$17 Million

Massy

Description

iObeya, a leading provider of Enterprise Visual Management software, today announced that it has raised $17 million in a second round of funding from Red River West with participation from Atlantic Bridge Capital and Fortino Capital Partners, bringing the total raised to date to $20 million. In addition to advancing the development of its platform, the new financing will accelerate the company's expansion into the United States, including the opening of a Seattle headquarters led by Cisco veteran Tim McCracken. The company also announced that it has recruited Rick Tywoniak, an expert in the field of visual collaboration, as Vice President of Marketing.

Company Information

Company

I Obeya

Location

Massy, Normandy, France

About

Founded in 2011, iObeya is the enterprise platform dedicated to all Visual Management and collaboration practices. iObeya enables distributed teams to perform their rituals and ceremonies as though face-to-face and in a secure virtual environment, while upholding the principles of Lean and Agile methodologies. More than 350,000 workers around the world use iObeya daily to improve their company's performance as part of their major strategic Lean, Agile, digital, and cultural transformations. iObeya is backed by leading venture capital firms including Red River West, Atlantic Bridge Capital, and Fortino Capital Partners. For more information, please visit iobeya.com.

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