Sift, the modern people directory on a mission to make work more human, announced the successful completion of a $3 million Series A round of financing. The investment is led by Detroit-based Rock Holdings and will be used to expand Sift’s sales and marketing teams as they respond to rising demand from a marketplace hungry for digital workplace solutions in the wake of COVID-19. Sift is also announcing that Mike Malloy, Chief Amazement Officer at Rock Central and Jared Stasik, Partner at Detroit Venture Partners will be joining Sift Board of Directors.
HR Technology News: TecHRseries Interview with Iain Moffat, Chief Global Officer at People First
“Sift is an excellent tool that is uniquely suited to meet this moment of digital-first workspaces,” says Jay Farner, CEO of Rock Holdings. “More than ever, organizations across all sectors need user-friendly technology that allows people to navigate their enterprise. Sift makes it simple to find and understand the roles, responsibilities and personalities of colleagues so they can work better together. We are delighted to help propel Sift into their next chapter.”
HR Technology News: Smartsheet Brings Together Government Industry Experts to Form Federal Advisory Board
The Series A funding builds on a remarkable year for Sift, which has seen a significant increase in new customers and key executive meetings throughout the first half of 2020. Sift’s platform allows colleagues to find and understand one another, leveraging powerful search across attributes, dynamic people profiles, and easily navigable org charts that are built directly from an organization’s data.
“We’ve used Sift for years to encourage connection, employee engagement and productivity within our family of companies,” says Mike Malloy, Chief Amazement Officer at Rock Central and Board Member. “We have more than 20,000 team members across multiple locations, and Sift is like having the whole FOC in your contacts on your phone, just a search away. I don’t know how any modern enterprise functions without a tool like Sift.”
HR Technology News: Online School Made Simple: K12 Inc. Introduces New Tech Tools for Thousands of Students