Ally secures US$15 million funding led by Tiger Global Management
- seranggonroad
- Nov 2, 2019
- 1 min read
KUALA LUMPUR, Oct 25 -- Ally, a leading objectives and key results (OKR) solutions provider has raised a US$15 million Series B funding round, led by Tiger Global Management LLC. (US$1 = RM4.19)
The funding will further accelerate Ally’s investment in global sales and marketing, expand the product offering and enhance professional services.
New York-based investment firm, Tiger Global Management is known for investing in strategic, innovative companies such as Facebook, Flipkart, Slack and Stripe.
Previous investors, Accel, Vulcan Capital and Founders Co-op also participated in this round.
In the last three months, Ally has added over 100 new customers and doubled the number of its employees.
Ally helps startups and large enterprises to accelerate business performance through alignment, agility and transparency to match the fast-paced needs of their evolving markets.
Its product is based on the OKR framework, an operating model for running agile businesses popularised by Google and other industry leaders.
Ally’s customers include fast-growing startups and large enterprises such as Slack, Remitly, DoorDash, UrbanClap, Nike and InVision. More details at https://www.ally.io/
-- BERNAMA
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