11 years ago
Huddle Secures $51 Million Series D to Transform Enterprise Collaboration
London-based Huddle, a cloud-based collaboration service, has raised $51 million in a Series D funding round led by Zouk Capital
The round saw participation from Hermes GPE Environmental Innovation Fund and all existing investors, including Matrix Partners, Jafco Ventures, DAG Ventures, and Eden Ventures
The funds will be used to fuel Huddle's expansion in the US and Europe, double the size of its product team, and continue its growth in the enterprise content collaboration market.
ProblemTechnology
"Enterprise and government organisations need to securely share, discuss, and work on files in the cloud, especially with external collaborators, to improve productivity and decision-making."
Solution
"Huddle is a cloud-based collaboration service that enables secure storage, access, sharing, syncing, and collaboration on files for both internal and external teams, going beyond simple cloud storage to offer a dedicated workspace for enhanced teamwork."