Mural takes a visible strategy to collaboration, with a focal point on “creativeness” slightly than wisdom paintings. To try this it depends on a virtual whiteboard canvas that permits colleagues and shoppers to percentage concepts and brainstorming, even if they are far flung.
It’s an manner that has resulted in swift expansion for the corporate, which introduced its app in 2011 and counts IBM – with tens of 1000’s of customers – amongst its greatest shoppers. Buoyed by way of the rise in far flung running all the way through the pandemic, the Buenos Aires and San Francisco-based Mural added greater than 1,000,000 lively customers all the way through the second one quarter of the yr, and tripled its earnings.
On Tuesday, the corporate introduced a $118 million Collection B investment spherical led by way of challenge capital company Perception Companions, hedge fund Tiger World, and quite a lot of particular person traders together with former Microsoft SVP and HP COO Invoice Veghte. Additionally concerned is Slack, which has a fund geared toward making an investment in equipment equivalent to Mural that inspire a brand new means of running. (The newest funding follows from a smaller $23 million investment spherical in January.)
CEO and co-founder Mariano Suarez-Battan spoke to Computerworld about how the corporate is assembly endeavor wishes all the way through the pandemic, the place it hopes to move, and what it’s like elevating capital all the way through a length of monetary uncertainty.
This interview has been calmly edited and condensed for readability.