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Enterprise cloud service Huddle raises a $51M growth round at $250M-$300M valuation

More rising fortunes for enterprise startups focused on cloud services. Huddle, the enterprise cloud collaboration company that competes with the likes of Microsoft’s Office 365, is today announcing that it has raised another $51 million in funding — a Series D round that will be used to double down on growing its business in the U.S. and Europe…
via TechCrunch

Bloomberg logo

U.K. software maker Huddle mulls IPO after raising $51 million

Huddle has raised $51 million from investors to extend online-collaboration tools and add employees as the software company heads toward an initial public offering. “Our plan will be that this will take us to an IPO,” Andy McLoughlin, one of the founders and head of strategy and product development, said in an interview. Still, there’s no firm schedule for the share sale and “we’ve seen several of our peers pulling theirs back”…
via Bloomberg

Wall Street Journal logo

Huddle Raises $51 Million for Workplace Collaboration Software

The idea of using software to collaborate at work has been around for several years, and waves of tech companies have tried tackling it. Now there is Huddle Inc., which has more than doubled its current funding for an online workspace where people can store and share video, messages and other items and get work done…
via Wall Street Journal

Press releases

DEC 11

Huddle raises $51 million Series D round to accelerate growth and bring secure external collaboration to enterprises worldwide

Huddle, the enterprise cloud collaboration service, today announced that it has secured a $51 million Series D round of funding. The capital will be used to expand Huddle’s leadership in secure external collaboration; transforming the way global teams work together by enabling enterprise and government organizations to simply and securely share, discuss and work on files in the cloud.
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SEP 08

Huddle secures global enterprise-wide agreement with Grant Thornton

Huddle today announced that Grant Thornton, one of the world’s leading organizations of independent assurance, tax and advisory firms, will make secure cloud collaboration technology available to member firms across the globe. Using Huddle, Grant Thornton member firms will be able to bring together client teams in a central online environment to best manage international engagements.
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AUG 28

Huddle unveils secure publishing platform, transforming how organizations measure and track interactions with content

Huddle today announced its secure publishing platform, with full analytics dashboard, which is set to transform the way enterprise and government organizations worldwide measure, track and interact with the files that they share and publish. By providing organizations with intelligence around completed content published at scale and how it is being consumed, Huddle complements its existing intelligent recommendation engine, which surfaces relevant content for each user within large organizations.
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