Microsoft Ventures invests in Workboard, a leader in active strategy management software

Workboard is a leader in active strategy management software. Their solution helps organizations iterate, measure and achieve their strategy at market speed by enabling them to quickly iterate strategic priorities quarterly, measure progress, augment strategy and execution, replace onerous reporting and more. Workboard counts 8X8, Catalina, Disys, Sony, IBM, Samsung, Terarecon and others among its hundreds of customers.

Yesterday, Workboard announced a Series A funding round of $9.3 million from new several investors including Microsoft Ventures. “Workboard optimizes strategy management for quicker decision-making and better implementation,” said Nagraj Kashyap, corporate vice president, Microsoft Ventures. “It’s a promising solution at a time when enterprises are looking to transform all aspects of their businesses.”

“Workboard recognized an entirely new problem and need as the traditional enterprise approach to strategy iteration, communication and execution alignment is outpaced by rapid market and technology change,” said Arjun Chopra, partner at Floodgate and Workboard board member. “Organizations must be able to operationalize bolder strategic priorities faster or they risk falling behind, yet few have an efficient, effective approach today. Workboard has helped customers achieve impressive successes, and we see strong demand for its Active Strategy Management solution. We believe its SaaS offering will drive tremendous value for customers.”

Learn more about Workboard here.