British collaboration firm Huddle secure new $10.2M investment

Huddle, which employs more than 40 staff in the UK and U.S. and recently became cashflow positive, expects to quadruple in size in the next year. Including the most recent investment, Huddle has raised in excess of $15 million in equity funding since its launch in 2007. The company is using the capital to expand its U.S. presence and build a team in San Francisco led by its newly relocated co-founder, Andy McLoughlin.

Huddle makes it possible for people to connect and work with each other regardless of their location. However, for us as a company it’s crucial to be closer to the people who use our product,” said Mr. McLoughlin. “With more than 50 percent of Huddle users based in the U.S. our intention is to give them even more on-the-ground support.”

Fueled by the rapid rise in remote and online working, people across the globe use Huddle to share files, manage projects and workflows, control and distribute information, suggest and discuss ideas and hold online meetings, as well as connect with colleagues, customers, partners and suppliers. It makes it easy to work with other people inside and outside companies, across boundaries and time zones.

Huddle customers include Procter & Gamble, Disney and HTC, and tens of thousands of small businesses and freelance workers. They are also a key Microsoft partner through its global BizSparkOne program, Huddle also holds a number of global partnerships including HP, InterCall and LinkedIn.

Alastair Mitchell, co-founder and CEO of Huddle, commented: “We have built Huddle with a single purpose in mind: to make it easier for people to work with each other. Three years on, our goal hasn’t changed. Anyone, a student, small business or a worldwide corporation can adopt Huddle as a new way of working to their advantage. If Facebook’s aspiration is to be the social fabric of the web, Huddle’s mission is to become its equal in the workplace, helping workers and businesses across the globe work better together.”

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