Switchboard Raises $25M in Series A Funding

Switchboard

Switchboard, a San Francisco, CA-based cloud coworking space, raised $25M in Series A funding.

The round, which brings Switchboard’s total funding to date to just over $38M, was led by Icon Ventures, with participation from existing investors Sequoia Capital, XYZ Venture Capital, and Spark Capital. In conjunction with the funding, Jeb Miller, General Partner at Icon Ventures, will be joining the company’s Board of Directors.

The company intends to use the funds to continue to develop new product features and expand the team with a focus on hiring more engineering, product, and marketing professionals. 

Led by Amir Ashkenazi, CEO and founder, Switchboard is a cloud coworking space that powers remote work by bringing together teams and tools for side-by-side collaboration. It allows users to both video conference and work within multiple web-based applications — from Google Docs and Figma, to Trello and Jira — in a single virtual room.

Users can also create permanent public and private rooms that keep all the apps and files for projects and recurring meetings open for the next time they’re ready to collaborate. Each room has a “meeting memory,” which includes a history of chat threads and the content shared, making meeting prep and wrap-up faster. Switchboard Beta is currently available and free to all users who are interested.

FinSMEs

27/07/2022