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WalkMe raises $40 Million in its Series F round | EdTech Israel

WalkMe?the software training and onboarding platform provider?announced it raised $40 million in Series F financing. WalkMe was founded in 2012 by CEO Dan Adika, president Rafi Sweary, CPO Eyal Cohen, and Yuval Shalom and has raised $207.5 million to date, according to a statement from the company.

The goal of its training programs is to help people learn how to use software to its fullest extent. To this end, WalkMe helps organizations manage technology change by giving them a way to create interactive walkthroughs and training materials for employees. For sales and support teams, WalkMe can be used to build onboarding workflows for new and prospective customers.

The round was led by prior Series E investor Insight Venture Partners. Mangrove Capital Partners, which has been an investor in WalkMe since the company raised its Series A back in April 2012, followed on its prior investments by participating in the round.