London-based Cord Raises 17.5M Series A Funding from European Investors
London-based Cord, a Slack-like communication platform, recently announced that it has secured 17.5M Series A funding from European investors. This investment will be used to expand the platform and its offerings, allowing Cord to become a globally competitive player in the communication space. This huge Series A investment is a positive sign of investor confidence in the London-based company and its potential for growth.
Overview of Cord
Cord is a communication platform that was founded in London in 2018. It is similar to the popular workplace communication tool, Slack, but with a few differences. Cord is built to be more intuitive and user-friendly, with features like group chat, file sharing, and notifications. It also comes with an integrated customer relationship management (CRM) system, allowing teams to communicate more effectively and efficiently. The platform is used by businesses of all sizes, from small startups to large corporations.
Series A Funding Details
Cord recently announced that it has secured 17.5M Series A funding from European investors. This is a significant investment for the company and will be used to expand the platform and its offerings. The funds will allow the company to become a globally competitive player in the communication space.
Benefits of the Investment
The Series A investment from European investors will provide Cord with numerous benefits. Firstly, the funds will allow the company to expand its offerings, such as introducing new features and making the platform more user-friendly. Additionally, the investment will give the company the resources to compete with larger players in the communication space. Finally, it is a sign of investor confidence in the London-based company and its potential for growth.
Future Plans for Cord
Cord plans to use the Series A funding to further develop the platform and its offerings. The company plans to introduce more features and make the platform more user-friendly. Additionally, the company plans to expand its user base, both domestically and internationally. The goal is to become a globally competitive player in the communication space.
Conclusion
Cord’s recent Series A investment from European investors is a positive sign of investor confidence in the London-based company and its potential for growth. The funds will be used to expand the platform and its offerings, allowing Cord to become a globally competitive player in the communication space. The company plans to use the investment to introduce more features, make the platform more user-friendly, and expand its user base.
