Retrium, which last attracted more than $1m in 2017, was founded by University of Maryland, College Park graduates to market a collaborative platform for software development teams.
US-based occupational collaboration software tool developer Retrium has raised $1.6m in a round led by a $400,000 commitment from Maryland Momentum Fund, the early-stage vehicle established by University System of Maryland, Technical.ly reported yesterday.
The round was backed by angel syndicate Dingman Center Angels, which is affiliated to University of Maryland, College Park (UMCP)’s Dingman Center for Entrepreneurship.
Founded in 2015 by two UMCP computer science graduates, Retrium markets a cloud-based workforce communication platform aimed at improving the engagement and performance of software development teams.
The platform’s features include the ability to create group action plans for specific tasks and visual diagrams that allow the employee to score different elements of their occupational happiness and wellbeing.
Retrium attracted more than $1m in a May 2017 round backed by ten angel investors including Bob King.
