- #BRAZILBASED ROCKET.CHAT MAUS 16M SERIESLUNDENTECHCRUNCH SOFTWARE#
- #BRAZILBASED ROCKET.CHAT MAUS 16M SERIESLUNDENTECHCRUNCH SERIES#
It’s estimated that there are 2.7 billion “deskless” (frontline and service) workers globally, accounting for no less than 80% of the world’s workforce. Its customers include the likes of the Boots pharmacy chain, Carrefour supermarkets, Lancôme, Lacoste, Logitech, Lidl, Peloton, Puma, Vans, VF Corp, Sanofi, Untuckit, Roots, Canada Goose, Longchamp, Lidl, Zadig & Voltaire and Athletico.īut that is just the tip of the iceberg. Yoobic works with some 300 big brands in 80 countries altogether covering a mammoth 335,000 locations in sectors like retail, hospitality, distribution and manufacturing. The funding comes at a time of strong growth for the company.
#BRAZILBASED ROCKET.CHAT MAUS 16M SERIESLUNDENTECHCRUNCH SERIES#
(Felix led Yoobic’s Series A, while Insight Partners led the Series B in 2019.) Yoobic is not discussing valuation, but from what I understand from a reliable source, it is now between $300 million and $400 million. Highland Europe led the round, a Series C, with previous investors Felix Capital, Insight Partners and a family office advised by BNF Capital Limited also participating. Yoobic, which provides an app for frontline and service workers to manage tasks, communicate with each other and management, and also go through training, development and other e-learning tasks, has picked up $50 million.
#BRAZILBASED ROCKET.CHAT MAUS 16M SERIESLUNDENTECHCRUNCH SOFTWARE#
Today, one of the software companies that has built a popular app for that frontline crowd to become a part of the conversation is announcing a funding round that speaks to the opportunity to do more. “Our rapidly-growing base of enterprises is embracing Rocket.Chat, not only for enterprise messaging but as a building block to connect people and companies”, he said.Slack set the standard in many ways for what knowledge workers want and expect out of a workplace collaboration app these days, but a lot has been left on the table when it comes to frontline workers. READ ALSO: Igah Ventures concludes funding of BRL 750 million and foresees new roundsĪmong the features previewed in 2021, users might find a new Security Bundle, Blockchain Federation, Marketplace Enterprise Apps, Smart Bots, Automation Workflows and Omnichannel Integrations for Social Media.Īccording to Engel, since its seed round in 2016, Rocket.Chat grows its user base by 500% and its open-source community by 260%. The startup intends to use this new round to focus on the company’s long-term vision of replacing email with a real-time communication platform.Īlso, others priorities are vertical market expansion, investment in talent, education programs for the growing developer community, and building an ecosystem of global partners.
As a product-led company, our goal is to keep on building a flexible and transparent Enterprise open-source hub that gives back privacy and control to people and companies,” said Gabriel Engel, Rocket.Chat’s founder and CEO. “Companies want to know where their data is being stored and who has access to it. READ ALSO: Four countries lead Latin America’s fintech funding ranking in 2020, with over 99% of the total raised This new round shows how privacy-first communication is a major trend in 2021, since the adoption of digital workspaces surged last year because of COVID-19 pandemic and raised the software users’ concerns about data privacy and security. The round brings Rocket.Chat to a $27 million in total funding to date.
The round brings Rocket.Chat to a $27 million in total funding to date.īrazilian Rocket.Chat, an enterprise communication and collaboration platform, announced it raised $ 19 million in Series A funding led by Valor Capital Group and followed by Greycroft, Monashees, and NEA.The startup intends to use this new round to focus on the company’s long-term vision of replacing email with a real-time communication platform.
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