Employee engagement startup Centrical raises $32M

Centrical, a startup developing an employee engagement and performance management platform, today announced that it raised $32 million in funding led by Intel Capital. CEO Gal Rimon says that the funds, which bring Centrical's total raised to date to $64 million, will be put toward product R&D as Centrical looks to acquire new customers. During the pandemic, as shelter-in-place orders and office closures force employees to work from home, companies are increasingly experimenting with or adopting work quality monitoring products. According to a June study by Gartner, 26% of HR leaders report having used some form of software or technology to track remote workers since the start of the health crisis. It's an uptick driven in part by concerns over performance dips that could arise from work-from-home setups.