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Bananatag Merger Staffbase Raises USD $145 Million

March 30, 2021 by Techcouver Newsdesk Leave a Comment

Staffbase has raised a USD $145 million financing round led by growth equity firm General Atlantic.

Earlier this month Staffbase merged with Kelowna-headquartered Bananatag. The combined company is one of the world’s largest and fastest-growing providers of cutting-edge internal communications software.

As a result of the merger, the Staffbase suite with an employee app and intranet was expanded to include a native solution for email communications and closer integration with collaboration tools like Slack and Microsoft 365, including Microsoft Teams and SharePoint.

Established in Chemnitz in 2014, Staffbase has become a high-growth, multi-award-winning provider of an internal communications suite, including an employee app, an internal email newsletter tool, and a state-of-the-art intranet platform – all of which are designed to enhance employee communications. Its products are used by over eight million people across more than 1,000 organizations.

Staffbase’s customers include global enterprises and organizations such as Adidas, Audi, BHP, Deutsche Post DHL, Groupon, Hitachi, Ikea, Johns Hopkins University, McKesson, Paulaner, Suncor, Viessmann, and Volvo, among others.

Staffbase has a global workforce of 450 employees throughout 11 locations, including its headquarters in Chemnitz and offices in London, New York, Vancouver, Amsterdam, and Berlin.

Filed Under: News Tagged With: Bananatag

 

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