THANK YOU FOR SUBSCRIBING
The company issued around 25 percent of its shares for $25 million and began trading on the Tel Aviv Stock Exchange this week under the ticker SHMM. The stock price is up 62 percent over the IPO pricing after three days of trade.
FREMONT, CA: Shamaym, a leading provider of collaborative real-time learning solutions, has raised $6.7M in an initial public offering (IPO), along with additional options which could bring $5.5M if fully exercised.
The company issued around 25 percent of its shares for $25 million and began trading on the Tel Aviv Stock Exchange this week under the ticker SHMM. The stock price is up 62 percent over the IPO pricing after three days of trade.
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
Shamaym assists teams in improving their performance and fast adapting to changing needs by providing methods and tools that enable team members and leaders to transform day-to-day operations into learning opportunities.
The company's real-time learning platform, which is based on a methodology developed by the Israeli Air Force to drive rapid learning and continuous improvement cycles, makes it simple for employees to capture lessons learned from each activity, share insights with team members, and access relevant takeaways when needed.
Shamaym is working with prominent international firms such as Abiomed, Akamai, Medtronic, Stratasys, Teradyne, and Teva, and has a track record of assisting sales, support, and product teams in driving improved business outcomes.
"Turning Shamaym into a public company is an important step in our growth. Our mission is to improve organizational learning so that teams continuously learn and improve in real-time from the lessons of their corporate colleagues," stated OfirPaldi, founder and CEO of Shamaym. "We plan to designate funds to accelerate sales and marketing activities and increase our research and development efforts."
More in News