With everyone collaborating virtually these days as a result of COVID-19, most employees are using email, an antiquated technology, but one that still gets the job done.
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, a conversational work ecosystem, is taking email and mixing it with instant messaging features to provide a suite of new, real-time communication and workflow capabilities. A task now powered by an $8 million Series A round of funding led by .
Existing investors that participated in this funding round, announced Thursday, included , and . Following this Series A investment round, the Israel-based company has to date, which includes several seed rounds over the past seven years, the most recent a in March 2019, led by Wix, according to 蹤獲弝け data. As part of the investment, Insight Partners��� Vice President will join Spike���s board of directors.
As homes became workplaces for more people, investors also recently saw potential in startups similarly helping keep employees connected. Last month, we reported about , a virtual office platform that raised a $2.7 million seed round, as well as , which secured a $16 million Series A to turn emails into engaging content.
Reinventing email
Spike, founded in 2013, brings functions together, such as chat, calendar, calls, document sharing, note-taking, video and tasks, into one place���an email inbox���so that users don���t have to switch between applications or tabs, , Spike co-founder and CEO, told 蹤獲弝け News.
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Spike’s inbox platform ���Email is one of the unique identifiers in the digital world, but it was invented 50 years ago and hasn���t changed much since then,��� Ben-Aroya said. ���The biggest advantage is that it is not owned by anyone, so we are leveraging email in a modern way���reinventing it���to combine it with everything we need in one inbox.���
The new funding will be used to accelerate growth, build out additional tools and services and double the size of its team within the next year, Ben-Aroya said.
Some of the new features coming online Thursday include notes, tasks and collaboration capabilities.
���Everything is drag-and-drop, you can comment on a document in real time and send a link to someone outside Spike who can collaborate with you, as well,��� he said. ���These are all things to help you manage your time and activities, unifying and modernizing your workflow.���
Insight Partners��� Aronovitz said via email that Spike is addressing a market seeking digital collaboration tools, made more important with greater remote teams.
���We think email will remain ubiquitous and a critical communication channel,��� he said. ���Spike offers a differentiated application relative to competitors given the breadth of email integration and productivity tools enabling a single, unified workspace.���
Illustration:
Photo courtesy of Spike
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