M.io Raises $5.75M in Funding

M.io, an Austin, Texas-based developer of a universal messaging network, raised $5.75m in funding.

Backers included Goldcrest Capital, Eniac Ventures and Two Sigma Ventures.

The company will use the funds to expand operations, to continue to develop the platform and extend its business reach.

Co-founded by Tom Hadfield and James Cundle in 2016, M.io provides universal messaging platform to chat with anyone across Slack teams, Cisco Spark and Stride. M.io enables group chat across multiple company workspaces and other chat platforms. Users can add contacts with no IT setup.
It is currently used by teams across hundreds of organizations including Harvard University, Howdy, Roku, Evernote, and Dialogflow.

The Y Combinator startup has now raised $8.25m in total funding.

FinSMEs

08/03/2018

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