22 January 2020:
Email platform Front has raised $59 million in Series C round of funding. The funding round was led by several technology executives building the future of work, including Atlassian co-CEO and co-founder Mike Cannon-Brookes; Atlassian President Jay Simons; Okta executive vice chairman, COO and co-founder Frederic Kerrest; Qualtrics co-founder and CEO Ryan Smith and Qualtrics co-founder and CTO Jared Smith; and Zoom CEO Eric Yuan.
Sequoia Capital, Initialized Capital, Anthos Capital and other existing investors are also participating in the funding round.
The company will use the fresh capital to continue driving product innovation and scale go-to-market functions to accelerate Front’s mission to help the half billion knowledge workers across the globe work happier.
Mathilde Collin, co-founder and CEO, Front, said ,”I am thrilled to have these exceptionally talented entrepreneurs and operators join our mission. These leaders are building the future of work, and their investment in Front validates our position that email can do so much more for both people and businesses – help them rise to the challenges they face every day, and make work more productive, more delightful, and ultimately more human, for everyone involved.”
Eric Yuan, CEO of Zoom, said, “The way we use email for business has been stuck at a standstill for the last twenty years, while every other system and workflow has evolved and improved in time. Mathilde and her team have built an exceptionally collaborative communications platform to bring work email into the 21st century. Front will play an important role in the future of work, and I’m excited to be a part of the journey.”
Bryan Schreier, Partner at Sequoia Capital, said, “Front is creating an entirely new category and rebuilding corporate email from the ground up — turning the inbox into the central hub for work. Front’s platform adds a much needed human element to our work, and we are thrilled to continue to be a part of the journey and mission.”
(Image – Front)