ChatWork a leading cloud communication platform for business teams today announced it has raised a $2 5 million investment from GMO VenturePartners for a minority equity position ChatWork will use the funds for product development hiring top-tier talent and to continue its rapid growth in North America and Europe ChatWork will also work with GMO Internet Group to build brand awareness and acquire enterprise customers in Asia
Unlike other communication platforms e g , Slack HipChat Asana Basecamp ChatWork is designed for non-technical small business and enterprise users to collaborate and maximize team productivity
ChatWork is one of the only communication platforms that combines group or individual text voice calls video chats task management and file sharing into a single service that can be used both within and between companies For example many law firms use ChatWork to more efficiently and securely communicate with their clients and manage legal documents
Rapid Growth Data
ChatWork the largest business communication platform in Asia is growing rapidly and has doubled its year-over-year revenue in 2014 Over 66,000 companies in 183 countries across a wide range of industries e g , technology marketing academic legal healthcare etc ) use ChatWork to get work done faster and easier The company’s key growth data include
-30,000 new users added per month on pace to surpass 1 million total users in 2015
-The company has 100,000 paying users of the service
-Over 15 percent of ChatWork’s free users become paid users three times greater than Dropbox or Evernote
-ChatWork has a % retention rate of paid users
-Over 60 percent of both DAU daily active users and MAU monthly active users log in every day a percentage on par with Facebook
-Over 600 million messages have been sent on ChatWork
Our powerful platform is a clever and more efficient way to increase team productivity than email alone said Toshi Yamamoto CEO of ChatWork Non-technical business professionals can easily take advantage of our text voice video task management and file sharing features all in one simple place ‘
ChatWork works in most Web browsers and requires no additional software to install The ChatWork mobile app is available on Android and iOS devices ChatWork uniquely combines chat with task management and it enables users to assign tasks to group members to make more focused decisions Also video chat is available for all users Free users can have 1-on-1 video chats and multiple voice calls If one or more paid users are included in a group a single video chat can include up to 14 free or paying users
ChatWork has free and paid plans starting at $2 00 per user per month which offer the ability to add more users and/or storage space Full plan descriptions and pricing are available at http://www chatwork com
About ChatWork
ChatWork is a cloud communication platform that allows small business and enterprise teams to get work done faster and easier The platform manages text voice video task management and file sharing all in one simple place Over 66,000 companies in more than 183 countries have used ChatWork across wide range of industries including technology marketing academic legal and healthcare among others ChatWork works with most modern Web browsers and requires no additional software to install The ChatWork mobile app is also available on Android and iOS devices Key customers include KDDI ZOHO TEDxKyoto Keio University Yuai Hosptial Access International Law Group Founded in 2011 with headquarters in Japan ChatWork’s U S office is in Sunnyvale CA For more information visit http://www chatwork com
About GMO VenturePartners
GMO VenturePartners Inc is a venture capital investment subsidiary of GMO Internet Group one of the most comprehensive providers of industry-leading Internet services in Japan The company provides startup incubation services in eCommerce payment solutions ad tech enterprise software and other technology industries in the United States Japan China Vietnam Singapore Philippines Thailand and Indonesia GMO VenturePartners has invested in over 50 startups including eight companies that went public For more information visit http://www gmo-vp com/en/
Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/ChatWork/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co
