Permira led the Mannai-backed work experience software provider’s latest round, the funding being raised at a valuation of $1.1bn.

Nexthink, a Switzerland-headquartered workplace management technology developer backed by diversified conglomerate Mannai Corporation, secured $180m in series D funding yesterday at a $1.1bn valuation.

Investment firm Permira’s Growth Opportunities Fund led the round, which is set to close in the first quarter of this year, investing with Highland Europe and Index Ventures.

Founded in 2004, Nexthink has created work experience management software that helps organisations detect IT issues that can potentially affect employees’ performance. Some 11 million people from across…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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