15Five raises $30.7M to expand its employee development toolkit

15Five, which builds software and services to help organisations and their employees evaluate their performance, as well as set and meet goals, has closed a Series B round of $30.7 million, money that it plans to use to continue building out the functionality of its core product -- self-evaluations that take "15 minutes to write, 5 minutes to read" -- as well as expand into new services that will sit alongside that. David Hassell, 15Five's CEO and co-founder, would not elaborate on what those new services might be, but he recently started a podcast with the startup's "chief culture officer" Shane Metcalf around the subject of "best-self" management that taps into research on organizational development and positive psychology. At the same time that 15Five works on productizing these principles into software form, it seems that the secondary idea will be to bring in more services and coaching into the mix alongside 15Five's existing SaaS model.