Brazilbased Rocket.chat 8m Maus 16m – Brazil-based Rocket.Chat, an open-source enterprise messaging service, recently announced a $19 million Series A funding round. This funding was led by Greycroft and joined by Monashees, NEA, and DGF. Rocket.Chat is a cloud-based messaging service that claims to have 8 million monthly active users (MAUs) and 16 million total users across 150 countries.
Founded in 2015, Rocket.Chat is an open-source messaging platform that allows teams to communicate and collaborate in real-time. The platform is designed to be highly customizable, allowing users to create their own integrations and workflows to fit their specific needs. The platform is available as a cloud-based service or can be deployed on-premises.
Rocket.Chat has been growing rapidly, with a 600% increase in MAUs over the last two years. The company’s success can be attributed to its open-source nature, which allows users to customize the platform to fit their specific needs. Additionally, Rocket.Chat offers a wide range of integrations with popular tools like Slack, GitHub, and Trello, making it a powerful tool for teams that use multiple applications.
The $19 million Series A funding will be used to expand Rocket.Chat’s product offerings and accelerate its growth. The company plans to invest in product development, marketing, and customer support to continue to meet the needs of its growing user base. In addition, Rocket.Chat plans to expand its presence in the United States, Europe, and Asia, with a focus on enterprise customers.
Rocket.Chat’s success is a testament to the power of open-source software. By offering a highly customizable platform, Rocket.Chat has been able to attract a wide range of users, from small businesses to large enterprises. Additionally, Rocket.Chat’s integrations with popular tools like Slack and GitHub make it a powerful tool for teams that use multiple applications.
One of the main advantages of Rocket.Chat over other messaging platforms is its focus on security and privacy. Rocket.Chat offers end-to-end encryption, two-factor authentication, and the ability to host the platform on-premises, giving users complete control over their data. This is particularly important for businesses that deal with sensitive information, such as healthcare providers and financial institutions.
Another advantage of Rocket.Chat is its affordability. The platform offers a range of pricing plans, including a free plan for up to 100 users. This makes Rocket.Chat a viable option for small businesses and startups that may not have the budget for more expensive messaging platforms.
In conclusion, Rocket.Chat’s $19 million Series A funding is a testament to the company’s rapid growth and success. The platform’s focus on open-source software, customizability, security, and affordability has made it a popular choice for businesses of all sizes. With this new funding, Rocket.Chat is poised to continue its growth and expand its offerings to meet the needs of its growing user base.