Huddle provides a secure enterprise cloud collaboration platform with team collaboration, file sharing, task management, social collaboration and version control, integrating with Office, SharePoint and Salesforce. The company serves government and large-enterprise customers, including four U.S. federal agencies, 80% of central UK government departments, NASA, the NHS and over 100,000 large businesses. Huddle offers popular iOS and Android apps and is considering a Windows app. It has been an early mover on collaborative document workflows and third-party integrations. The company is not yet profitable and has received acquisition overtures from Microsoft and Dropbox. Huddle plans to use new funding to double down on growth in the U.S. and Europe and to build more features targeting government customers. Huddle builds cloud collaboration and enterprise storage software. Launched in 2007, the company is co-headquartered in London and San Francisco and recently opened a New York City office to serve as a sales hub. Huddle reports revenues have tripled each year since its 2007 launch and recorded four quarters of record growth in 2011. The company does not disclose revenue but was described as profitable by co-founder Andy McLoughlin. Huddle has about 100 full-time employees split between the UK and the US and expects to triple its staff over the next 12 months. Its customer base includes about 80% of the Fortune 500, with clients such as Procter & Gamble, Saatchi & Saatchi, NASA, and PricewaterhouseCoopers. Huddle provides cloud collaborative workspaces and is focused on improving core productivity features for teams. Earlier this year it closed a $10.2 million funding round and has deployed that capital to expand engineering and overall headcount. The company has tripled its engineering staff and grown headcount from 25 to 60, now operating out of London and a new San Francisco office. Product work includes a ground-up rewrite of the core platform, building out APIs, and a planned series of core feature relaunches. The first visible output is a fully reworked task manager that adds content association, filtering, export and assignment plus an overhauled UI. Huddle was founded in 2006 and has landed distribution deals such as being bundled with millions of HP Business PCs and an integration with Xobni for Outlook. Huddle builds online collaboration software that combines social networking, document editing (including versioning for Word and Excel), lists, real-time presence, and messaging to help groups work together. The product targets enterprise customers and includes services such as webinars and onsite training. Huddle is already used by organizations including Edelman, Reuters, Jazeera Airways and UNICEF. The company faces strong competition from large incumbents like Microsoft and Google as well as startups such as 37Signals, Zoho and HiveLive, and the article notes risks around differentiating its feature set. It sees potential opportunities from projects like Google’s OpenSocial and integration with business networks such as LinkedIn, Oracle and Salesforce. Financially, Huddle has received a $4 million funding round from Eden Ventures.

Total raised

$89M

Funding rounds

4

Latest round

Series D

Latest activity

Dec 2014