Bites, a game-changing player in the employee communications and training industry, announced the completion of their seed funding round, raising $5M. The funding round was led by Vertex Ventures Israel, a leading Israeli venture capital firm. Surround Ventures, a US-Israeli VC specializing in early-stage media and eCommerce startups, Oryzn Capital, an Israeli venture focused on early-stage investments, Lyra Ventures, an ASEAN VC that invests in retail technology companies, and J-Ventures, a Silicon Valley-based fund, invested in the company as well.
“We are thrilled our investors recognize the value our offering brings to the world of employee communications and are confident that we are the right team to bring this dream to fruition,” said Eran Heffetz, CEO at Bites.
Bites enables distributed and remote workforces to stay current on company practices, policies, and products without the need to install or adopt new apps or tools. Bites is ideal for conducting remote training, reaching deskless employees wherever they are located while saving time and money.
The funding will go to R&D, sales, and marketing efforts.
Announcement: Bites Raises $5M for Next-Gen Employee Communications