What Company is Offering:
Enkata is a leading provider of on-demand performance and talent management solutions for customer operations. Enkata is the only solution that combines best-in-class analytics and workflow to guide managers to the next best actions to improve performance and eliminate rework. Enkata's solution enables large service organizations to increase their profitability and boost the productivity of their employees.
How Much They Got From VCs:
They got $8 million in corporate financing. This latest funding round was led by Sigma Partners, Menlo Park, Calif. and Apex Ventures, Chicago, Ill. The investment will fund strategic investments to accelerate Enkata's US and international growth and the adoption of its solutions that are critical to the new service-driven economy.
What VCs Says About Company:
We recognize that Enkata is delivering a uniquely powerful solution and has established itself as a clear leader in offering on-demand performance and talent management technologies to service operations," said Wayne Boulais, general partner of Apex Ventures. "Our investment in Enkata signals Apex Ventures' continued commitment to investing in innovative technologies that deliver a significant impact to customers and to the marketplace."
What's Market Of That Kind Of Company:
The market opportunity for talent management applications, such as Enkata's, are projected by Yankee Group to grow 25 percent year-over-year, reaching $4 billion by 2009.
More at:www.enkata.com
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