ActivTrak Closes Year with Record Growth as Companies Adopt New Hybrid Work Models
ActivTrak, Inc. today announced another year of record growth in 2020 as companies around the world adapted to new ways of working and implemented workforce analytics and productivity tools to ensure ongoing success. The company grew over 140% year over year and closed the year with more than 8,500 customers.
ActivTrak also announced the appointment of Aaron Johnson as chief product officer to lead the company's product strategy and innovation in workforce analytics and productivity. Johnson was most recently chief product officer at Act-On Software, Inc. and has held numerous executive roles including senior vice president of product management at New Relic, Inc. and vice president of customer engineering at Jive Software (News - Alert).
"We are grateful to our customers and our partners for their trust and confidence in us. To support them, the ActivTrak team has demonstrated outstanding creativity, innovation and resilience in a year unlike any other," said Rita Selvaggi, CEO. "From the early days of the pandemic to the 'new normal' of remote work, it has been our mission to deliver tools and expertise to help businesses continue to thrive and fulfill their workforce productivity goals. As remote work trends continue in the new year, companies will need to expand their investment in purpose-built technology that supports the productivity of remote and hybrid teams, and provides new analytics and insights for a new way of working."
Capping a year of notable achievements, ActivTrak closed $50 million in Series B funding led by Sapphire Ventures and significantly expanded operations, doubling its workforce and making key hires across engineering and sales. The company also launched the ActivTrak Workforce Productivity Lab, a global center for research and expertise that helps companies embrace and embody the future of work.
Other milestones for the year ending December 31, 2020 included:
To learn more about ActivTrak's workforce analytics and productivity software:
ActivTrak helps companies unlock productivity potential. Our award-winning workforce analytics and productivity management software provides expert insights that empower people, optimize processes, and maximize technology. Additionally, with data sourced from more than 8,500 customers and over 250,000 users, ActivTrak's Workforce Productivity Lab is a global center for ground-breaking research and expertise that helps companies embrace and embody the future of work. Based in Austin, Texas, ActivTrak is backed by Sapphire Ventures and Elsewhere Partners, and is led by a seasoned team of software industry veterans. To learn more visit: https://activtrak.com/.