Friday, February 26th | 14 Adar 5781

December 9, 2019 10:49 am

Israeli Website Usability Company WalkMe Raises $90 Million

avatar by Adi Pick / CTech

Typing on a computer (illustrative). Photo: Wikimedia Commons.

CTech – Israeli website usability company WalkMe has raised a $90 million funding round, the company announced Monday. The round was led by Vitruvian Partners with participation from previous investor Insight Partners. In a statement, WalkMe said it will use the funds to grow its team and expand to Latin America.

Founded in 2011 by Israeli-born entrepreneurs Rafael Sweary and Dan Adika, WalkMe adds a layer of on-screen guidance prompts on top of existing websites, helping users navigate through web pages. The company lists PayPal, Cisco, and Microsoft as clients. WalkMe has raised over $307 million to date, the company said in a statement.

WalkMe currently employs more than 750 people in the US, Israel, and Australia, a company spokesperson said in a Monday email to Calcalist.

Since 2017, WalkMe acquired three startup companies founded by Israeli entrepreneurs — mobile user experience testing company, user behavior analytics company Jaco Analytics, and machine learning startup DeepUI.

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