The Barclays-backed work management platform developer is looking to expand into new verticals after securing series B funding.

Cutover, a UK-based work management software provider backed by financial services firm Barclays, has raised $35m in a series B round led by investment firm Eldridge.

Index Ventures, Sussex Place Ventures, Contour Ventures, Partnership Fund for New York City and Outrun Ventures also took part in the round, as did private investors Cris Conde, Gokul Rajaram and Andy Brown.

Founded in 2013, Cutover supplies software that helps businesses manage and oversee the work processes of their employees. Its platform can…