San Francisco based startup Waggl receives $1.1 mln seed funding

May 1
8:21 AM 2014

San Francisco based Waggl, offering messaging and business polling services, has received $1.1 million seed funding round.

The new startup offers business executives to post questions to their workers. This would create an internal discussion through the service. The best responses are then determined through a poll wherein users get to cast their votes.

Waggl was launched last February after a spin-off from Fort Hill Company. The startup is backed by a group of investors including founding CEO of Ninth House, Jeff Snipes, Glassdoor founder Robert Hohman, Progreso Financiero’s founder James Gutierrez and Smithkline Beechman animal health division president Ignace Goethals. Other financiers also include Software Toolworks and Intermix’s Joe Abrams, who would join Waggl’s board of directors.

Sanofi, Kaise Permanente and Stanford Graduate School of Business have signed up for Waggl’s service.
In a statement, Waggl’s CEO said, “The funding we’ve raised will help us meet product development requests and enhance our platform even further, as well as expand our customer base internationally.”

Waggl also announced it has collaboration with Brazilian human resources company Affero Lab to gain foothold in Latin America.

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