Venture-backed WorkJam acquires Peerio Technologies

WorkJam, a Montréal-based digital workplace solutions provider, has acquired Peerio Technologies, a Montréal-based employee communication software company. No financial terms were disclosed. WorkJam said the acquisition adds secure messaging and file sharing to its technology, enhancing team communication and workstream collaboration capabilities. Founded in 2014, WorkJam raised about $16 million two years ago in a first-time financing backed by Lerer Hippeau Ventures, Blumberg Capital, Founder Collective and NovelTMT. Also founded in 2014, Peerio's investors have included InnoStart Capital and Real Ventures, according to Crunchbase.

13 January 2019•3 mins read
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