Engagedly, a provider of performance management and employee engagement software, today announced the acquisition of Management Mentors, a SaaS-based mentoring company headquartered in Boston. Acquiring Mentoring Management’s e-mentoring software with its proprietary precision matching algorithm extends Engagedly’s offerings and its people first philosophy to performance management, development and employee engagement.

We’re seeing a growing need for engagement and performance to be linked to leadership development. Mentoring apps have been slow to gain traction on their own. Interesting deal for a small relatively unknown vendor like Egagedly.