EPFL spin-off Nexthink raises $85 million

Nexthink, an EPFL spin-off that leads the market in software for managing employees' digital experience, has just completed an $85 million fundraising round. The proceeds will be used to fuel the company's international expansion - particularly in key markets like the US. Nexthink, a technology startup founded at EPFL in 2004, announced today that it has raised $85 million in fresh capital from investors. The proceeds will be used to step up the company's global sales efforts for its digital employee-experience management platform and drive its international growth and expansion in key markets, including the US. The fundraising round was led by Index Ventures; other investors included Highland Europe, Forestay Capital, VI Partners, Auriga Partners, Galéo Capital, TOP Funds and Olivier Pomel, the co-founder and CEO of Datadog. This comes on top of a $40 million round completed in 2016 and brings the total amount of capital raised by the firm to $150 million. Using artificial intelligence to map and manage enterprise applications in real-time Nexthink's software gives the IT departments of large companies real-time analytics on their company's entire application portfolio.