Staffbase announced raising $145 million in a deal led by General Atlantic.

Staffbase, a Chemnitz, Germany-based SAAS developer of internal communication tools for big companies, announced the completion of a $145 million funding round.

The money was raised from investors led by General Atlantic. Existing investors Insight Partners and e.ventures also contributed while KIZOO and Capnamic Ventures remain invested but were not part of the round.

As part of the partnership, Achim Berg, Operating Partner at General Atlantic and President of Bitkom, Germany’s digital association, will join the advisory board of Staffbase.

Staffbase, founded in 2014 by Frank Wolf, Lutz Gerlach and CEO Martin Bohringer, is a provider of an internal communications suite, including an employee app, an internal email newsletter tool, and a state-of-the-art intranet platform – all of which are designed to enhance employee communications.

Its products are used by over eight million people across more than 1,000 organizations. Staffbase’s customers include global enterprises and organizations such as Adidas, Audi, BHP, Deutsche Post DHL, Groupon, Hitachi, Ikea, Johns Hopkins University, McKesson, Paulaner, Suncor, Viessmann, and Volvo, among others.

The announcement is made as Staffbase announced merging operations with Canada-based Bananatag. Previously, the company raised a total of $47 million.