Tech Company Financing Transactions
Mattermost Funding Round
Mattermost, based in Palo Alto, secured $50 million from Y Combinator, Battery Ventures and Redpoint Ventures.
Transaction Overview
Company Name
Announced On
6/20/2019
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
Proceeds Purpose
We plan to use this new funding to accelerate community expansion and product development in a new and fast-growing market.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
530 Lytton Ave. 2nd Floor
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Overview
Mattermost's mission is to make the world safer and more productive by developing and delivering secure, open source collaboration software that is trusted, flexible and offers fast time-to-value. Mattermost's first product is a collaboration platform built to accelerate DevOps workflows in high-trust environments by offering secure messaging across web, desktop, and native mobile devices.
Management Team
Title
Name
Email & Social
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