Over the years, it has become a big business opportunity, in line with organizations getting more sophisticated in terms of what they expect and need out of their IT services, where off-the-shelf apps may not always fit the bill. The promise of open source in the world of enterprise IT has been that it provides a platform to customise a service to fit with how the organization in question wants to use it, while at the same time providing tools to make sure it is robust enough in terms of security, extensibility and more for use in a business environment. Rocket.Chat’s funding and expanding business comes as part of a bigger focus overall for open-source platforms. It’s currently installed on some 845,000 servers, the company said, and has over 1,500 developers building on its platform. Of that 16 million, 11.3 million users registered for the service in the past six months. The startup now has 16 million registered users across 150 countries, with eight million of them monthly active users. Rocket.Chat is not disclosing its valuation with this round, but it indeed comes on the back of some significant growth in the last year. We’re excited for the company to continue its strong customer and developer growth around the world after this round.” “They have proven the value of their platform through an international customer base, which includes some of the largest global corporations and government agencies as clients.
Chat for several years now and have been very impressed by their open-source platform, which allows any organization to securely manage its own chat tool with customized look-and-feel,” said Antoine Colaço, Partner at Valor Capital Group, in a statement.
#Rocket.chat 8m 16m series#
The Series A round of funding was led by Valor Capital Group, with Greycroft, Monashees and NEA giving strong backing and e.ventures, Graphene Ventures, ONEVC and DGF also participating. The Porto Alegre, Brazil-based startup (which is incorporated in Delaware) has now raised $27 million to date. The company plans to use the funding both to continue adding more customers, but also expanding the platform’s functionality, including more security features, a way to use the service over federated blockchain architecture, apps for marketplaces, options for bots, and more social media and omnichannel customer service integrations, and potentially facilities for virtual events.Īs more business interactions have gone virtual, it has essentially opened the door for companies like Rocket.Chat building virtual communications platforms to build in an increasing number of features into what it does.
Navy, NGOs and other organizations big and small to set up and run any variety of secure virtual communications services from one place - they can include not just team chat, but also customer service, collaboration platforms covering your staff and outside partners, school classrooms, conferences and more - has raised $19 million. Rocket.Chat, a startup and open-source-based platform of the same name used by banks, the U.S. Today, a company that’s aiming to move the goalpost again with an integrated, open-source alternative is announcing some funding to fuel its growth. Chat platforms like Slack have been game-changers when it comes to what business users want and expect out of their work communications.
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