4 years ago

Element Secures $30M in Series B Funding for Secure Collaboration App

  • Element, a UK-based developer of secure collaboration and messaging app for the Matrix protocol, has secured $30 million in Series B funding

  • The funding round was led by Protocol Labs and Metaplanet, with existing investors Automattic and Notion also participating.

      • ProblemTechnology

      "making secure communication and collaboration accessible to everyone, without relying on large corporations for their needs."

      Solution

      "developing an open-source, secure messaging and collaboration app based on the Matrix protocol, allowing anyone to run their own server and providing tools for organizations to use it."

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