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Nexthink Reaches $1.1 Billion Valuation with $180M in Series D Financing Round, Names Former Adobe CEO to its Board of Directors
February 8, 2021 GMT
LAUSANNE, Switzerland & BOSTON (BUSINESS WIRE) Feb 8, 2021
Nexthink, the leader in digital employee experience (DEX) management software, today announced a $180 million Series D financing round reaching a valuation of $1.1 billion. Permira, through its Growth Opportunities Fund, led the round alongside existing investors including Highland Europe and Index Ventures. In addition to the investment, the company has announced that Bruce Chizen, former CEO of Adobe and senior advisor at Permira, will join its board of directors. The latest round will be used to accelerate Nexthink’s innovation, rapid growth and expansion, particularly in the US.
Lakeside Software Integrates with ServiceNow to Drive Proactive IT Service Management
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BOSTON, Feb. 9, 2021 /PRNewswire/ Lakeside Software today announced the availability of SysTrack Root Cause Analysis, an app for ServiceNow that delivers endpoint intelligence to enable proactive service desk operations and improve workforce efficiency.
The integration provides context for root cause analysis within the ServiceNow IT Service Management platform, including device details, end-user experience scoring, top problems, and critical sensors. Lakeside s sensors detect adverse conditions and anomalies, which are surfaced along with suggested resolution pathways to help agents address problems proactively and minimize productivity impacts.
Date Time
EPFL spin-off Nexthink becomes new Swiss unicorn
With $180M in financing round, the leader in software for managing employee’s digital experience reaches $1.1 billion valuation.
Nexthink, the leader in digital employee experience (DEX) management software, today announced a $180 million Series D financing round reaching a valuation of $1.1 billion. Permira, through its Growth Opportunities Fund, led the round alongside existing investors including Highland Europe and Index Ventures. In addition to the investment that puts the EPFL spin-off as the new Swiss unicorn, the company has announced that Bruce Chizen, former CEO of Adobe and senior advisor at Permira, will join its board of directors. The latest round will be used to accelerate Nexthink’s innovation, rapid growth and expansion, particularly in the US.