Slite, a Paris, France-based startup that provides a workspace collaboration platform, raised $11m in Series A funding.
The round was led by Spark capital, with participation from existing investors (which include Index Ventures, Y Combinator and eFounders, as well as individuals).
The company intends to use the funds to expand operations, and increase its development efforts and business reach.
Founded in 2016 by Christophe Pasquier, CEO, and Pierre Renaudin, CTO, Slite provides a collaborative documentation tool that allows businesses to write and centralize docs and organized. The company says the tool is used by teams at approx. 4,000 companies worldwide, including Airbnb, Spotify and WeTransfer, among others.
A graduate in Winter 2018 Y Combinator batch, the company has a team of 18.