FuzeBox Raises $26 Million In Funding
FuzeBox is a real-time communication and collaboration startup that has raised $26 million in Series B funding. The company has hired former Yammer and Salesforce.com executive David Obrand as their chief executive officer as well. Hermes Growth Partners led this round of funding with participation from existing investors Index Ventures, Khosla Ventures, and Insight Venture Partners.
“Loss of productivity has burdened the distributed workforce for far too long and it is time that changed. FuzeBox is redefining the real-time collaboration experience across teams and organizations of all sizes, in any location and on any device,” stated Obrand. “I am thrilled to join FuzeBox at such a pivotal time in its growth. We will use the new capital to expand our technology leadership, drive viral freemium adoption, scale global sales and marketing, and build a world-class support organization focused on customer success. I am excited to have Hermes Growth Partners involved given their experience in communications, mobile and international expansion.”
FuzeBox has raised a total of $46 million. FuzeBox is used by many large organizations including NASA, Starbucks, Kellogg’s, and General Motors. The company was also named one of Forbes’ Most Promising Companies in America for 2013.