PostBeyond Raises $4M to Accelerate Global Expansion of its Employee Advocacy Solution
"With a focus on customer service and expertise, PostBeyond has emerged as the leading partner for global brands such as Molson Coors, Scotiabank, and many others," said Ivan Tsarynny, CEO and Co-founder, PostBeyond. "In the past three years, we've secured major clients across North America, Europe, Asia, and Australia, and have grown 2015 year-over-year sales by over 300%. With this funding, we can accelerate our growth even further."
PostBeyond plans on using the newly acquired funds to expand customer engagement resources and accelerate the development of innovative solutions.
PostBeyond's proprietary employee advocacy solution helps organizations securely involve their employees in social media sharing. With PostBeyond, employees can read corporate content on mobile or web, then share it with their personal social networks from a single, common solution. The result is a socially engaged employee who demonstrates brand value to the marketplace through one-to-one relationships at scale.
"We look forward to accelerating our growth in major global markets as we help organizations engage their employees," said Chad McCaffrey, VP Global Sales, PostBeyond. "Together, we'll redefine the standard for employee engagement."
"Through smart growth, PostBeyond has been able to continually attract top-tier enterprise clients who understand the value that employees play in building their brand," said Robert Antoniades, Co-founder and General Partner, Information Venture Partners. "The platform has emerged as the preferred choice for large enterprises of over 5,000 employees, reporting a significant increase in employees sharing and earned media value."
"Given how innovative and well-suited their product is to the growing trend of employee engagement, it's no surprise how quickly and broadly PostBeyond has been able to expand their international business," said Paul Day, VP Investments, EDC. "We look forward to growing alongside this promising Canadian SME as they attract more customers both domestically and abroad."
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