Huddle celebrates $51 million Series D funding, delivering content collaboration to enterprise worldwide | Huddle
Huddle celebrates $51 million Series D funding, delivering content collaboration to enterprise worldwide

Today, we’re very excited to announce that Huddle has secured a $51 million Series D round of funding. This is a huge validation of our leadership in the collaboration market and brings our vision of entire enterprise ecosystems – internal teams, customers, partners and suppliers – securely collaborating, sharing and working on content together in Huddle closer than ever!

This round sees us bring new investors on board to join us on the next stage of our journey. The financing was led by Zouk Capital, with participation from the Hermes GPE Environmental Innovation Fund, managed by Hermes GPE, and all existing investors, including Matrix Partners, Jafco Ventures, DAG Ventures, and Eden Ventures. We’re also pleased to welcome Nathan Medlock, Partner at Zouk Capital, to the Huddle board.

The next phase of Huddle’s growth will be concentrated on expanding our leadership in secure external collaboration in the US and Europe. We’re also going to be significantly growing our product team to ensure we keep innovating and keep up the continuous development of our product.

As we start on the next phase of Huddle’s journey, it’s also given me a chance to reflect and look back at how far we’ve come. From a bedroom-based start-up back in 2007 with a very small team – Andy and me – Huddle has grown exponentially. Today, we have 170 Huddlers based in four offices around the world – San Francisco, London, New York and Washington D.C.

Last year, we had the launch of Huddle’s US government offering, the Huddle Foundation hit the $10 million milestone, we partnered with tibbr, unveiled Huddle Note, and welcomed many new customers on board. Helping customers, such as Grant Thornton, Baker Tilly International, P&G, Keolis, Williams Lea, Beats by Dre, Driscoll’s, 80 percent of the central UK government departments, NASA, and the Office of the Secretary of Defence drive workforce productivity and meet their business goals is certainly something to be proud of.

At Huddle, 2014 has meant big business. Milestones include sales to enterprise customers tripling in the first three quarters of 2014 over the same period last year and we’ve secured seven of our ten biggest contracts to date.

It’s great to see that over the past year the content collaboration market has started to come of age, with enterprises and governments replacing legacy software at scale and embracing a new way of working. Our Series D is a fantastic way for us to close the year. At Huddle, our mantra has always been “go big or go home” and in 2015 we’ll certainly be going big!

Alastair Mitchell

Co-founder

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