Hive, a NYC-based upstart workplace collaboration platform, raised $4m in funding.
The round was led by Vocap Investment Partners with participation from Rembrandt Venture Partners and existing investors Tribeca Venture Partners.
The company intends to use the funds to expand its business reach, add new resources in engineering (led by former Googlers), as well as expand its mobile-first platform to include email and calendaring.
Founded in 2015 and led by CEO John Furneaux, Hive provides a work management platform that turns teamwork across companies into automated, repeatable processes, regardless of application, on a single platform. In one year, the company has reached over 2,000 enterprise teams, including Pinterest, WeWork, HBO, Expedia, Salesforce, Nike, The Economist, and Harvard University, as customers.
Hive previously raised $1.3m in January 2016 from Tribeca Venture Partners and angels from Google and Grey Group.