Israel-based employee communication and training platform, Bites on Wednesday said, “It raised $5 million in a series seed funding round.”
Led by Vertex Ventures Israel, the round also saw participation from Surround Ventures, Oryzn Capital, Lyra Ventures, and from J-Ventures.
Founded in 2017 by Eran Heffetz, Tal Nagler Almog, and Hagai Horovitz in Tel Aviv, Bites helps SMB & enterprise businesses easily create highly effective media-based professional content, share that content with their employees directly through the communication channels they are already on and manage usage to help employees meet their full potential while reaching their business objectives.
Speaking on the funding in Bites, Aviad Ariel, General Partner at Vertex Ventures Israel said, “Bites is reinventing employee communications by leveraging concepts from social media and training to create a powerful platform designed for today’s distributed and remote workforce.”
“We believe Bites is the answer to one of the biggest challenges organizations face relating to communications and training by enabling easy creation, distribution, and consumption of highly engaging content while moving away from long forms and complex implementation processes of new software,” he added.
Commenting on the fundraise, Eran Heffetz, CEO of Bites said, “We are thrilled our investors recognize the value our offering brings to the world of employee communications and are confident that we are the right team to bring this dream to fruition.”
“This money raised will support our R&D, sales, and marketing efforts, as we execute on our aggressive go-to-market plans by approaching retailers, consumer goods companies, healthcare providers, and other verticals. Bites are leading a revolution, enabling distributed workforces to remain current through highly engaging, trackable content,” he further added.