Teramind Analysis: $50M Raised
What is Teramind?
Employee monitoring and workforce analytics platform
Employees
51-200
Founded
2014
Revenue
$13.4 million
Latest Funding Round Size
$50M, $0, undisclosed, Not found
Product Features & Capabilities
- Insider risk management software
- Data loss prevention tools
- Compliance monitoring solutions
- Employee productivity analytics
- Business process optimization software
Use Cases
Monitor employee activity to prevent insider threats; Analyze productivity to enhance team performance; Ensure compliance with regulatory standards; Optimize business processes for efficiency; Manage hybrid workforce dynamics effectively
How much Teramind raised
Funding Round - $50M, $0, undisclosed, Not found
RecentOther Considerations
Trusted by over 10,000 organizations; Rated 4.6 out of 5 on G2; Offers a free trial for potential customers
Recent Acquisitions
In the past year, the following acquisitions were reported among competitors in the workforce analytics and employee monitoring sector:
- Workday
- - Acquired Evisort, an AI-powered document analysis platform, for an undisclosed sum (7 months ago).
- Acquired TopBloc, a Workday consultancy, for $340 million (completed 2 months ago).
- SAP
- - Announced the acquisition of LeanIX, a leader in enterprise architecture management, expected to close by the fourth quarter of 2023 (announced 19 months ago).
No recent acquisitions were found for ActivTrak, Time Doctor, Hubstaff, Veriato, SentryPC, BambooHR, ClickTime, or Oracle in the past year.
Growth Rate
70% (ActivTrak), $4M to $35M (Time Doctor), $11M to $32.9M (Hubstaff)
