New German unicorn is here! Chemnitz-based Staffbase nabs $115 million at $1.1 billion valuation to drive employee communication

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After it brought in a big $145 million in March last year, the employee communications management solutions provider has raised $115 million (€106 million) funding to enter the unicorn club. The company has now reached a valuation of $1.1 billion.

The Series E funding round was led by General Atlantic with participation from existing investor Insight Partners.

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