Lattice, a US-based employee assessment software provider backed by enterprise communication platform Slack, has attracted $15m in a series B round led by venture capital firm Shasta Ventures.
The deal also featured VC firms Thrive Capital and Khosla Ventures and accelerator operator Y Combinator.
Founded in 2015, Lattice has created an employee performance management platform that lets employers give real-time feedback and recognise top-performing team members.
The software is intended to replace annual performance reviews with a more modern approach. Lattice will use the series B capital to pursue continued product development.
Slack backed Lattice’s $2.8m seed round in 2016 through its Slack Fund, investing alongside Thrive Capital, Khosla Ventures, SV Angel, Fuel Capital and a range of angel investors. The company added $6.4m in a 2017 series A round led by Thrive Capital that also featured Khosla Ventures and SV Angel.