RealtimeBoard, a visual collaboration platform for companies, raises $25M led by Accel

Funding Rounds

Summary

The 150-person company — which itself is distributed across offices in San Francisco, Los Angeles, Amsterdam and Perm — says it will use the additional capital to continue to scale, including building out its customer acquisition capabilities by bolstering sales and marketing teams, and growing its user community. To that end, RealtimeBoard counts the likes of HubSpot, Skyscanner, Qlik, Autodesk, Netflix and Twitter as customers, and claims 2 million users worldwide. Crucially, the platform integrates with other commonly used workforce tools such as Google Docs, Slack, Sketch, Jira, Trello, Dropbox and more. “And, with some bi-directional integrations with Google Docs, Office 365, and Jira, you can do work in RealtimeBoard and update information in other systems and vice versa.” Meanwhile, Khusid tells me the company’s early adopters have been “rapidly scaling tech companies” that leverage modern collaboration frameworks like Agile, Scrum, Lean, Design Thinking, etc., and that these teams are used to leverage whiteboard rituals and are looking for ways to improve and scale in order to better engage remote team members. Adds Khusid: “[They] have active workforce transformation initiatives to roll out things like Design Thinking; globally or drive innovation through new tools and ways of collaborating.

$ Funding

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Amount $25.0M Total raised
Date November 8, 2018 Announcement date
Investors Accel, AltaIR Capital Lead investors
Company http://www.realtimeboard.com Funded company

Classifications

industries
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applications
Collaboration & Communication

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Labels
Collaborative Work Management Productivity Software Work Management SaaS

Linked Companies

Miro
$500M to $1B