INSUBCONTINENT EXCLUSIVE:
Technology has been used to improve many of the processes that we use to get work done
organisations and their employees evaluate their performance, as well as set and meet goals, has closed a Series B round of $30.7 million,
that 15Five works on productizing these principles into software form, it seems that the secondary idea will be to bring in more services
manufacturing giant Siemens
It brings the total raised to $42.6 million, but Hassell said that while the valuation is up, the exact number is not being
are seeing a significant evolution in how companies are run internally
in constant contact while otherwise working potentially hundreds of miles from their closest colleagues, or at least not sitting in one
office altogether, all the time.All well and good, but this has also had an inevitable impact on how employees are evaluated by their
managers, and also how they are able to gauge how well they are doing versus those with whom they work
operative word here, with key thing being frequency
appropriately enough), as well as regular evaluations and goals set by the employees themselves.Hassell said in an interview that this is in
emphasis that has been associated with California culture for a while now, even amidst the relentless march that comes with being at the
epicenter of the tech world.In that regard, its newest investor, Next47, will help put 15Five to the test, both in terms of how the product
will be adopted and used at a company whose holdings are as much manufacturing as technology, and in terms of sheer size: Siemens globally
base today.Matthew Cowan, a partner at the firm, noted that while Siemens is currently not a 15Five user, the thinking behind the investment
