Enterprise social collaboration platform provider expands its executive team to pursue strategic partnerships and growth opportunities
LOS ANGELES – June 17, 2015 – Incentive, a leading provider of a complete, socially powered enterprise collaboration platform for mid-market organizations and enterprise teams, today announced the addition of Timo Lehes to its executive team as vice president of corporate development. In this role, Lehes will be responsible for leading strategic partnership and growth initiatives globally. A veteran of the technology industry, Lehes brings more than 20 years of experience starting, running, exiting and investing in enterprise software companies.
Incentive recently raised $3.5 million in seed funding to expand operations in the U.S. Lehes will pursue growth opportunities for Incentive, including strategic deals and partnerships that will further develop the enterprise social collaboration platform and expand its global customer base. According to a recent report by 451 Research, the social business software market is expected to grow from $13.9 billion in revenue in 2014 to $37 billion in 2019.
“Joining Incentive at this point in time is an extremely exciting opportunity with great potential for innovation and growth,” said Lehes. “Social collaboration platforms are changing how people work and that is clearly evidenced in the market today. It’s a great time to join Incentive and help the company continue its forward momentum and growth.”
Prior to joining Incentive, Lehes served as an investor and executive in technology companies, with extensive experience building, running and investing in enterprise software companies and leading various merger and acquisition deals. With multiple successful exits, he has worked both sides of the financial transactions. In the past year, Lehes had successful exits in advertising technology platform Admeta and virtualization platform Witsbits. Throughout his career, Lehes has invested in more than 40 companies, including video analytics and rights management platform Pexeso and investment banking platform BankerBay, where he currently serves as a board member.
“We are thrilled to have Timo join our team given his extensive experience helping enterprise technology companies expand,” said Rickard Hansson, CEO and founder of Incentive. “With the upward trend in the enterprise social collaboration market, it’s imperative we bring on board innovative minds that understand this emerging market and can contribute to our continued growth and success.”
Incentive is an easy-to use, socially powered collaboration platform that eliminates cluttered workflows by consolidating and standardizing existing apps and tools in a central location. All content – whether a wiki, blog, document, IM or video conversation – is centralized, making it accessible by every employee through a simple, intelligent search. The platform empowers companies and their employees to work, share, communicate and collaborate more effectively and efficiently. For a free 45-day trial of Incentive, visit trial.incentive-inc.com. Pricing starts at $3 per user per month.
Incentive is a leading provider of a complete social intranet for mid-market organizations and enterprise teams that want to achieve improved profitability, increased efficiency and accelerated business results. With an easy-to-use interface, Incentive’s platform enables businesses to capture, collaborate and secure knowledge all in one place by tapping the power of their employees – the collective brain trust – to be better, stronger and faster than their competitors. Incentive enables users to take advantage of existing workflow apps, storage systems, and document management tools such as SharePoint in one central location, with single sign on and intelligent search. Its features include wikis, blogs, micro blogging, document collaboration, file sharing, instant messaging, video conversations, social behavior UX and API-based platform for app development. Founded in 2008, Incentive has helped thousands of customers worldwide accelerate positive business outcomes through improved collaboration and communication. The company has headquarters in Los Angeles and Malmo, Sweden. For more information visit www.incentive-inc.com and follow on Twitter @IncentiveInc
For Immediate Release