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Mio Raises $8.7M Series A To Make Enterprise Messaging Interoperable

Dec 09, 2021over 3 years ago

Amount Raised

$8.7 Million

Round Type

series a

Austin

Description

Mio, a startup that helps enterprise teams collaborate across apps like Zoom Chat, Microsoft Teams, Slack and Cisco’s Webex, today announced that it has raised an $8.7 million Series A funding round. The round was led by Zoom and Cisco Investments. In total, Austin-based Mio, which was founded in 2016 and participated in the Y Combinator Winter 2016 class, has now raised $17 million. Other investors include Goldcrest Capital, Eniac Ventures, Two Sigma Ventures, Khosla Ventures, Y Combinator, and Capital Factory.

Company Information

Company

Mio

Location

Austin, Texas, United States

About

Mio solves this by federating publicly available API’s, so each platform can innovate at their own pace.”Given the obvious need for a service like this The company also plans to launch a new unified presence feature that will allow users to synchronize their presence status across services.“This investment, by two of the largest players in the collaboration industry, ushers in a new era for interoperability,” said Hadfield.