COLUMBUS, Ohio, Oct. 13, 2021 /PRNewswire/ -- Aware, the
leading enterprise-grade, collaboration governance platform making
sense of human behavioral data, today announced that it has raised
a $60 million Series C round led by
the Growth Equity business within Goldman Sachs Asset Management,
with participation from previous investors including Spring
Mountain Capital, Blue Heron Capital, Allos Ventures, Ohio
Innovation Fund, JobsOhio and Rev1 Ventures, and continued support
from Draper Triangle Ventures and JumpStart. The round will help
the company scale its AI-driven, human-centric SaaS solutions for
collaboration governance and data insights. Aware enables
enterprises to overcome common legal and compliance barriers to
collaboration adoption, address growing data risks and insider
threat concerns, and empower employees by creating more empathetic,
flexible, and human-centric workplaces.
In today's diverse, hybrid workplaces, organizations frequently
turn to messaging and collaboration tools to meet the growing need
for productivity and knowledge sharing. However, these platforms
weren't designed to handle the operational, data governance
complexities of modern businesses. Aware is the only comprehensive
solution to keep businesses in sync, leveraging native APIs and
webhooks to collect and analyze human data from collaboration
platforms without involving IT. Its solutions are trusted by
industry leaders across sectors, including AIG, AstraZeneca, BT
Group, Memorial Health, MercadoLibre, Rivian, Sunlife Financial,
and Wipro, among many others.
"Aware continues to be the leading force for digital
collaboration insights, giving companies a better understanding of
their workforce and the ability to manage the risks associated with
digital conversations and remote collaboration," said Jeff Schumann, CEO and Co-Founder of Aware.
"Aware's continued adoption as essential tech further shows how AI
solutions are key to building more transformational
businesses."
The human data created by digital collaboration platforms used
extensively in hybrid workplaces is abundant and unique, full of
human risk but also rich with insights to empower employees.
According to IT analyst firm Gartner, organizations need to develop
more human-centric workplace models to drive performance in such
businesses. Aware delivers the unique ability to access and analyze
the hidden meaning buried in unstructured data from countless
sources of digital communication and human interactions to empower
organizations as they adapt to rapidly changing markets and
business conditions.
"At Goldman Sachs, we believe in the transformative power of
technology and see potential in Aware's ability to connect
fragmented data that exists within organizations across many
sectors," said David Campbell,
Managing Director in the Growth Equity business within Goldman
Sachs Asset Management. "The Aware team addresses information
management, data protection and organizational insights at scale
through their feature-rich platform that can satisfy the most
demanding global enterprises, yet is simple enough to serve the
mid-market"
This capital raise follows a $12
million Series B equity investment in December 2020, led by New York-based Spring Mountain Capital with
participation from Blue Heron Capital, Allos Ventures, Draper
Triangle Ventures, Ohio Innovation Fund, JumpStart, Rev1 Ventures
and JobsOhio.
For more information about Aware and its solutions, please visit
www.awarehq.com.
About Aware
Aware is the only enterprise-grade
collaboration governance platform making sense of human behavioral
data for enterprise organizations deploying today's leading
collaboration and messaging platforms, including Slack, Microsoft
Teams, Zoom, Yammer, Workplace from Facebook and more. Aware's
comprehensive platform solves common challenges that legal,
compliance, information security and IT departments face when
rolling out collaboration, including archiving, monitoring,
organization insights, DLP, eDiscovery, retention and legal holds.
Aware is a Microsoft Gold Partner, Slack compliance partner and a
Workplace by Facebook integration partner.
About Goldman Sachs Asset Management
Bringing
together traditional and alternative investments, Goldman Sachs
Asset Management provides clients around the world with a dedicated
partnership and focus on long-term performance. As the primary
investing area within Goldman Sachs (NYSE: GS), we deliver
investment and advisory services for the world's leading
institutions, financial advisors and individuals, drawing from our
deeply connected global network and tailored expert insights,
across every region and market—overseeing more than $2 trillion in assets under supervision worldwide
as of June 30, 2021. Driven by a
passion for our clients' performance, we seek to build long-term
relationships based on conviction, sustainable outcomes, and shared
success over time. Goldman Sachs Asset Management invests in the
full spectrum of alternatives, including private equity, growth
equity, private credit, real estate and infrastructure. Since 2003
the Growth Equity business within Goldman Sachs Asset Management
comprising more than 75 individuals has invested over $13 billion in companies led by visionary
founders and CEOs. We focus exclusively on investments in growth
stage and technology-driven companies spanning multiple industries,
including enterprise technology, financial technology, consumer and
healthcare. Follow us on LinkedIn.
Media Contact
Dex
Polizzi
Lumina Communications on behalf of Aware
aware@luminapr.com
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SOURCE Aware