RiseSmart Gets $11M

San Jose-based enterprise career management software developer RiseSmart said today that it has raised $11M in a funding round. The funding was led by Accel-KKR, and also included prior investor Norwest Venture Partners. RiseSmart develops corporate outplacement software, used for recruiting, onboarding, training, and other efforts at companies. The company said the funds go towards sales and marketing, scale operations, and to enhance its product. RiseSmart is led by Sanjay Sathe. More information »