Workvivo, a software technology company founded in Cork, has today announced that it has raised $16 million in Series A funding.

Workvivo provides companies with an internal communications platform designed to engage and connect with employees.

The technology directly addresses many of the challenges being faced today as more companies turn to remote working.

The investment round was led by Tiger Global, who have invested in companies such as LinkedIn, Airbnb, Stripe, Uber and Square.

The Series A round follows on from a seed round late last year, bringing total funding to just over $17.5 million. 

The funding will allow the company to expand, offering Workvivo to many more companies globally and will accelerate its product development plans. 

Workvivo expects to break the one million user count on its platform by 2021.

The Cork-based company, founded by John Goulding and Joe Lennon, bootstrapped its way from its beginnings just three years ago.

Mr Goulding said that the new funds will be used to grow further internationally.

"The move to remote working has been significantly accelerated by recent events. It's now more important than ever that employees are able to effectively communicate and remain engaged with each other and with the business," he said.

"Workvivo's communication platform helps organisations connect and engage with their employees regardless of location, bringing the culture alive and aligning everybody with what the organisation is trying to achieve," John Goulding explained.

"We have experienced tremendous success to date and this funding will allow us to expand our reach significantly to help organisations across the globe, while also allowing us to continue to invest strongly in ongoing product development," he added.