Nulab Raises $5M in Funding


Nulab, a Japanese team productivity startup, raised $5M in funding.

Backers included NOW, Inc., XTech Ventures, Inc., and Shinsei Corporate Investment Limited.

The company intends to use the funds to:

  • Add further features and integrations to its three software.
  • Hire more developers in both North American and European offices.
  • Increase international marketing efforts.
  • Develop “Nulab Pass”, a new security product for Backlog, Cacoo, and Typetalk, which will be released in Summer 2020.

Founded in 2004 by Shinsuke Tabata, Nulab provides a collaboration software platform for international teams of all sizes, from a few people to hundreds of employees working in different departments and time zones. Its products – used by more than 4 million people in over 190 countries – include:

  • project management and issue tracking tool Backlog
  • cloud-based diagramming software Cacoo
  • chat app Typetalk

The company has offices in New York, Amsterdam, Singapore, Tokyo, Kyoto, and its headquarter in Fukuoka.



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