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Collaboration tool Klaxoon raises $50 million in venture capital

  • Press review
May 31, 2018
New York Business Journal – New York-area startups and venture capitalists are making funding deals with the hopes of creating the next profitable company.

Here’s one deal announced Thursday:

Who gets: Klaxoon, a global purveyor of teamwork solutions, has secured financing.

Amount raised: $50 million in series B funding.

Who invests: Idinvest Partners led the effort with participation from additional early round investors including BPI, Sofiouest, Arkea and White Star Capital Fund.

What the CEO says: Matthieu Beucher, Klaxoon’s CEO, had this to say: “Our research and platform’s success show that holding efficient meetings is the secret of successful teams. While new ways of communicating at work have disrupted established practices, improving the structure and focus of meetings has never been revamped or addressed. We’ve found that organizations need a solution that would allow their employees to easily get in sync with their team, no matter if they are working remote or in different time zones. This is where Klaxoon comes in. Our solutions help optimize meeting duration and boost collective intelligence, making it easier for everyone to contribute and bring fun to collaborative work. Now thanks to this significant Series B round, we will be able to help even more companies around the world improve their meetings and collaborations”. […]