USA – FortressIQ, a San Francisco, CA-based company delivering human-level observability into the processes behind every strategic business initiative, raised $30m in series B funding.
The round was led by M12, Microsoft’s venture fund, and Tiger Global Management, with participation from earlier investors Boldstart Ventures, Comcast Ventures, Eniac Ventures, and Lightspeed Venture Partners. The company intends to use the funds to continue to expand operations and its business reach.Led by Pankaj Chowdhry, founder and CEO, FortressIQ delivers real-time, end to end process insights for the modern enterprise. It leverages computer vision and artificial intelligence to add human-level observability to any application, with zero integration and universal compatibility. Its automated process discovery enables enterprises to discover insights and analytics so that they may make decisions and strategically implement them across the enterprise. FortressIQ creates a detailed map – of every process across every application and department – delivering data-driven insights needed for companies to make strategic decisions that will have business impact. By mapping out an organization’s productivity workflows, the solution provides visibility into all versions of an identified process so companies can determine the most optimal model and how to best leverage it within their organization. 14/05/2020
