Xobni Raises $7 Million From Cisco, Khosla Ventures, First Round Capital, Baseline Ventures, and Atomico
Xobni is a San Francisco, Calif. based startup that built a platform around Microsoft Outlook. Xobni makes it easier to find people, email, and attachments within Outlook. Bill Gates even called Xobni the next generation of social networking. Xobni has recently raised $7 million in Series B. Xobni started as a Y-Combinator company then went on to raise $4.26 million in Series A.
Xobni’s Outlook software has been downloaded over 1.5 million times. Xobni is currently doing product trials with Fortune 500 companies. Some of the companies Xobni has partnered with includes LinkedIn, Facebook, Skype, and Yahoo! Cisco’s investment in Xobni is an indication that they are becoming serious about enterprise email. In August 2008, Cisco acquired PostPath, an email and calendar company for $215 million.
Prior to the $7 million investment, Xobni raised $4.26 million in funding from Khosla Ventures, Atomico, and First Round Capital. The individuals that participated in Xobni’s first round of funding was Ariel Poler, Saar Gur, and Tom Pickney.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry