Whatfix Closes Nittio Learn Acquisition During Record Quarter in Q2, 2021
PR91090
SAN JOSE, Calif., Aug. 10, 2021 /PRNewswire=KYODO JBN/ --
-- Digital Adoption Leader highlights 2021 achievements including Series D
funding, recognition from leading analyst firms and industry awards,
strategic partnerships, customer wins, and more
Whatfix (https://c212.net/c/link/?t=0&l=en&o=3254305-1&h=1812762677&u=https%3A%2F%2Fwhatfix.com%2F&a=Whatfix), a leader in
Digital Adoption Solutions ("DAS"), today announced theacquisition of Nittio Learn,
a learning management system, amid a groundbreaking quarter.
The acquisition will advance the company's application training capability by
making learning more personalized, adaptive and rich. Nittio Learn's toolset -
- including additional content options, assessment capabilities, and training
course allocation - - is a natural fit with Whatfix, making it a comprehensive
digital adoption platform for organizations. New learners will now experience a
drastically reduced ramp-up time for learning, which is the core value Whatfix
provides.
"The business shift to remote work over the last year has solidified the
importance of employee adoption of the enterprise technology stack, as larger
and more permanent segments of workers connect to the workplace through
software exclusively," said Khadim Batti, CEO and cofounder of Whatfix. "We're
delighted to get Nittio Learn onboard on our journey to provide our customers
with all the necessary tools to execute such a massive digital transformation
effort. We are continuously reimagining Digital Adoption alongside our
customers as we grow and expand into new markets over the next year and
beyond."
This acquisition comes on the heels of Whatfix's most successful quarter to
date, achieving quarterly growth of 100% on a YoY basis for the past 2
consecutive quarters. Other milestones include closing new partnerships and
enterprise customers, securing series D funding (https://c212.net/c/link/?t=0&l=en&o=3254305-1&h=3668913654&u=https%3A%2F%2Fwhatfix.com%2Fblog%2Fwhatfix-closes-90-million-series-d-backed-by-softbank-vision-fund-2%2F&a=securing+series+D+funding), earning recognition from top analyst firms, and winning several industry awards.
"We're excited to add Nittio Learn's value proposition to Whatfix's
industry-leading digital adoption solution," said Gagandeep Josan, CEO &
Co-founder, Nittio Learn. "Nittio Learn has been helping Learning & Development
teams build learning experiences that reduce training turn-around and ramp-up
time for today's digital workers. Whatfix, with their laser focus on helping
customers overcome technology complexities is a perfect match for our product
and our team."
Nittio Learn is used by South Asia's largest e-commerce and retail companies to
train their employees. The co-founders Gagandeep and Aravindan - along with
their team - have joined Whatfix, bringing in their rich expertise in the
learning domain.
The recent $90 million Series D funding round led by SoftBank Vision Fund 2
also touted a 3X increase of Whatfix's valuation over 15 months, along with a
3X of revenue and headcount increase over the last two years. With the opening
of three new offices in the United Kingdom, Germany and Australia, Whatfix now
has 500 employees across six offices globally.
The momentum has not gone unnoticed in the industry. Whatfix has grown its
partner program by over 8 partners in this year, announced a strategic
partnership with Microsoft (https://c212.net/c/link/?t=0&l=en&o=3254305-1&h=1268593221&u=https%3A%2F%2Fwhatfix.com%2Fblog%2Fwhatfix-strengthens-partnership-with-microsoft%2F&a=strategic+partnership+with+Microsoft), and added notable new customers such as Red Cross Netherlands, Coca Cola Beverages Africa, Mr Price Group, Messer Americas, Grant Thornton and others including multiple Fortune 500 companies.
Prominent industry analysts have taken notice as well, featuring Whatfix in
reports like the Constellation ShortList for Digital Adoption Platforms 2021
In addition, Whatfix garnered nine awards wins so far in 2021, recognizing
the company's achievements in customer satisfaction and service, as well as
technology innovation. Notably, Whatfix was honored as the Globee Disruptor
Company of the year in the Information Technology Cloud/SaaS category, and was
named a Stevies Gold Winner for Achievement in Customer Satisfaction. Whatfix
has again earned 12 Leader badges across the Digital Adoption Platforms and
Customer Self-Service Sofware categories in G2's Summer 2021 reports.
For more information on Whatfix, please visit https://www.whatfix.com.
About Whatfix
Whatfix is a Digital Adoption Solution that disrupts Application Training,
Learning, and Support content by providing Contextual, Interactive, Real-Time,
and Autonomous user guidance - driving additional adoption and productivity
gains. Whatfix has a proven record of increasing employee productivity by 35%,
reducing training time and costs by 60%, reducing employee case tickets by 50%
and increasing application data accuracy by 20%. Whatfix is based in San Jose,
San Francisco, London, Melbourne, Sydney and Bangalore.
MEDIA CONTACT: whatfix@luminapr.com
SOURCE: Whatfix
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