Cork-based internal communication software company, Workvivo, has secured significant investment from one of the world’s leading tech entrepreneurs, Eric S. Yuan.
The founder and chief executive of video-first unified communications company, Zoom Video Communications, Inc., said the Irish company’s culture, values and technology were a perfect fit for his vision of employee communication, engagement and satisfaction.
Mr Yuan, who founded NASDAQ-listed Zoom in 2001, commented: “Engaging a workforce and making them feel valued should be a top ambition of any company. Workvivo is making that ambition a reality, and I am delighted to invest in such an innovative company. I believe Workvivo is fast becoming an essential component in the makeup of successful companies as we head into the next decade.”
Since 2017, Workvivo is being used to engage employees across 40 countries and in companies of all sizes, and is already one of the fastest growing providers of internal communications worldwide.
The investment will assist Workvivo in its plans to grow users of its unique model of internal communications built for employee engagement to more than one million by 2021.
Co-founder of Workvivo, John Goulding, said: “Eric’s investment is a hugely significant moment in the Workvivo story. We’re not just a communication tool. We bring community, engagement, enthusiasm, relevance, recognition and fun into employee communication. We’re delighted someone like Eric Yuan recognises that in Workvivo.”