Workboard

Workboard, Inc.
Private
Industry Active Strategy Management
Founded February 11, 2013 (2013-02-11)[1]
Founder
  • Deidre Paknad
  • Daryoush Paknad
Headquarters 460 Seaport Court Suite 102, Redwood City, California, USA[2]
Key people
  • Deidre Paknad (CEO)
  • Daryoush Paknad(CTO)
  • Arjun Chopra(Board Member)
  • Priya Saiprasad(Board Member)
Products Workboard App
Owners
Website www.workboard.com

Workboard, Inc. provides SaaS solutions for Active Strategy Management software and is based in Redwood City, California. It was founded in 2013[1] by Deidre Paknad and Daryoush Paknad.

History

Deidre Paknad has a history of founding companies before Workboard, including PSS Systems[3] which was acquired by IBM in 2010.[4] After working at IBM she thought of the idea for Workboard after dealing with inefficiency in her tenure there.[5][6] Starting at their founding in 2013 Paknad and co-founder Daryoush Paknad, focused on "VQ", Velocity Quotient, that they define as the speed at which an organization is able to accomplish a goal.[7] In 2014 Workboard secured US$2,750,000 (equivalent to $2,842,775 in 2017) in seed money from several venture capital firms including: Opus Capital, Granite Ventures, Crosslink Capital.[8] It announced a US$9,300,000 Series A round in December 2017 led by Floodgate and Microsoft Ventures.[9] Arjun Chopra and Priya Sapraisad joined the board.[9] Hundreds of organizations use Workboard including: IBM, Liberty Mutual and Samsung.

See also

References

  1. 1 2 "WORKBOARD, INC". OpenCorporates. 1 August 2016. Retrieved 28 December 2016.
  2. ↑ "Statement of Information". Business Filings. Secretary of State of California. 26 August 2015. Retrieved 28 December 2016.
  3. ↑ S&P Global Market Intelligence (2016). "Deidre Paknad: Executive Profile". Bloomberg L.P. Retrieved 29 December 2016.
  4. ↑ Dunn, Laura (27 March 2015). "Women in Business: Deidre Paknad, CEO and Co-Founder, Workboard". The Huffington Post. Retrieved 28 December 2016.
  5. ↑ Paknad, Deidre. "Our Story". Workboard. Retrieved 28 December 2016.
  6. ↑ Stengel, Geri (6 April 2016). "The Killer App: Pairing Technology With People". Forbes. Retrieved 2 January 2017.
  7. ↑ Kosinski, Matthew (17 December 2015). "How to Measure Your Organization's 'Velocity'". Recruiter. Retrieved 28 December 2016.
  8. ↑ Avellana, Nicel Jane (26 February 2014). "Workboard gets $2.75M in Series A round". Venture Capital Post. Retrieved 28 December 2016.
  9. 1 2 Soper, Taylor (13 December 2017). "Microsoft Ventures invests in SaaS 'Active Strategy Management' startup Workboard, Workboard". Geek Wire. Retrieved 13 December 2017.

Coordinates: 37°30′15″N 122°12′47″W / 37.50424°N 122.213111°W / 37.50424; -122.213111

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