Vancouver’s Visier has acquired the technology of Silicon Valley’s Yva.ai, a leading collaboration analytics company.
Recently crowned a unicorn, Visier is the globally recognized leader in people analytics and on-demand answers for people-powered business. Visier raised a USD $125 million Series E funding round led by Goldman Sachs last year.
Yva.ai shines light on employee well-being, satisfaction and productivity using AI and an innovative combination of deep collaboration analytics and peer polling for a rich understanding of employees, teams, and their work environments.
Santa Clara’s Yva.ai approach to analytics combines data that is sourced from corporate tools, such as Microsoft Office 365 and Microsoft Teams, Zoom, Slack, and other collaboration tools, and enhances it with weekly sourced peer-to-peer feedback.
The announcement was made at Outsmart, Visier’s annual customer conference, which brings together thought leaders and practitioners driving today’s people-powered business transformations.
“We believe that the most successful companies of the next 25 years will be those that understand their employees and use this knowledge most effectively and responsibly,” said Ryan Wong, co-founder and CEO of Visier.
“This acquisition reflects our goal of helping companies to deeply understand the human truths–and the hidden truths–within their organizations by shining light on how people work and how people work together.”
In addition to the acquisition of Yva.ai’ technology assets, Visier hired over 30 Yva.ai engineers and data scientists, the majority of its global workforce.
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