Nylas, a San Francisco, CA-based communications API platform for modern email, scheduling, and work automation tools for developers and enterprises, raised $120m in Series C funding.
The round, which brought total funding to $175m, was led by Tiger Global Management with participation from existing investors Citi Ventures, Slack Fund, 8VC, Round13 Capital, Scale Asia Ventures, and more, as well as new investors including Owl Rock Capital, a division of Blue Owl, Blue Cloud Ventures, and individual contributions from Patrick Collison, Co-Founder and CEO of Stripe, and his brother John Collison, President and Co-Founder of Stripe, Sebastian Siemiatkowski, CEO of Klarna, and Tony Fadell, Founder of Nest and Principal at Future Shape. In conjunction with the funding, John Curtius, Partner at Tiger Global, will join the Nylas Board of Directors.
The company intends to use the funds to further invest and scale its integrated and productivity-driven developer experience, support the influx of developers and companies using Nylas through the scaling of its go-to-market teams, product advancement, engineering, and customer support organizations, accelerate investment in technologies that automate workflows and integrate technologies such as conversational AI/ML, sentiment analysis, Natural Language Processing (NLP), Optical Character Recognition (OCR), and cross-system intelligent automation.
Led by Gleb Polyakov, Co-Founder & CEO, Nylas provides developers around the world with a platform to build email, scheduling, and work automation features into their applications. With Nylas, developers at innovative companies like Upwork, Wix, Freshworks, Lever, Dialpad, Ceridian, and Move.com get access to communications data from their end-users, pre-built workflows that automate everyday tasks, embeddable UI/UX components for fast front-end development, and comprehensive security features – all delivered via a suite of APIs that make integration easy.
FinSMEs
17/06/2021