Achievers Secures $24,500,000 Series C Funding Round

  • Feed Type
  • Date
    9/28/2011
  • Company Name
    Achievers
  • Mailing Address
    1 Broadway 14th Floor Cambridge, MA 02142
  • Company Description
    Achievers (formerly I Love Rewards) is passionate about employee rewards and Social Recognition. Our software helps engage employees and inspire performance globally. Achievers’ customers include Deloitte, 3M and Microsoft. The Social Recognition platform provides performance-based recognition and rewards in the form of points that can be redeemed for meaningful rewards including Apple, Visa Reward Cards, and Expedia travel.
  • Website
    http://www.achievers.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $24,500,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    With this round of financing, we will be able to scale our culture, partner with more customers and execute on our mission which is to Change the Way the World Works.
  • M&A Terms
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    JLA Ventures
  • Venture Investor
    GrandBanks Capital
  • Venture Investor
    Ontario Venture Capital Fund

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