Email startup Front just raised $59 million in Series C funding - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The CEO behind one of the hottest IPOs of 2019 just helped email startup Front raise $59 million in a push to reinvent business email and take on Microsoft Outlook

Front just raised $59 million in Series C funding, in a round that included prominent software executives from hot companies like Zoom, Atlassian, Okta and Qualtrics. Front is taking on Outlook and Gmail with a team based approach to email. It combines a company's social media, email, texts and other messages into a shared inbox that an entire team can use.

Front will be using the funding to keep growing and add new functionality to its product, including launching a calendar app for its customers. Email is a staple in every workplace, no matter the industry. But it hasn't really been reimagined since it first hit the mainstream in the '90s.and her team at Front want to change that, and take on established players like Microsoft Outlook and Google's Gmail in the doing.

However, it was also a slightly unusual round that included capital from prominent tech executives, many of whom are similarly focused on the future of work. Executives from Zoom, Atlassian, Okta and Qualtrics participated — including Zoom CEO Eric Yuan, Front is already growing rapidly, and this new funding will propel it even further. Front now has 5,500 customers, including companies like MailChimp, Y Combinator, Shopify, Cisco Meraki, eTix, and Stripe.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Personio: Insurtech startup raises $75 million without pitch deck - Business Insider'We were already well funded from our round last year but when Accel and Lightspeed come calling you have to take it.'
Source: BusinessInsider - 🏆 729. / 51 Read more »

Personio: Insurtech startup raises $75 million without pitch deck - Business Insider'We were already well funded from our round last year but when Accel and Lightspeed come calling you have to take it.'
Source: BusinessInsider - 🏆 729. / 51 Read more »

Blossom Capital: European VC raises $185 million to invest like Silicon Valley - Business InsiderBlossom Capital, founded by former general partner at LocalGlobe and principal at Index Ventures Ophelia Brown, has raised an additional $185 million.
Source: BusinessInsider - 🏆 729. / 51 Read more »