NEW YORK and TEL AVIV, Israel, Nov. 4, 2019 /PRNewswire/ —
The provider of the holistic employee engagement and performance management platform today announced its new corporate name, Centrical, and the closing of a $13 million funding round led by Aleph, a new investor, along with the company’s largest investor Jerusalem Venture Partners (JVP). The company now has $34 million in total funding. Other existing investors who participated in the latest round included La Maison Compagnie d’investissment, and 2B Angels.
Centrical, formerly GamEffective, will use the investment to boost growth, increase R&D activities, add to its array of solutions, build strategic alliances, and expand its customer roster, which already includes Microsoft, Novartis, Synchrony Financial, Unilever, and Swiss Life, among others.