Workstorm Closes Series A Funding Round, Marking Significant Milestone For Chicago-Based Company
Round Type
Series A
Investors
Description
Workstorm, a leading provider of secure collaboration solutions, today announced it has closed its Series A round, valuing the company at $200 million. The company was advised by Sidley Austin LLP, and funding participants include Author Capital Partners and Chicago-based high-net-worth investors. The funding will be used to accelerate product development, expand its customer base, and support the growth of its sales and engineering teams.
Quick answer
Workstorm raised an undisclosed amount in a Series A round, dated October 18, 2023. Investors: Author Capital Partners and Sidley Austin LLP. Workstorm is based in Chicago, Illinois, United States.
- How much did Workstorm raise?
- Workstorm raised an undisclosed amount in a Series A round on October 18, 2023.
- Who invested in Workstorm?
- Author Capital Partners and Sidley Austin LLP are named as investors in this round.
- What does Workstorm do?
- Workstorm is a powerful collaboration platform, built to protect privacy and data, where you have your most important meetings, share information on a need-to-know basis, and stay focused on work.
- Where is Workstorm based and how big is it?
- Workstorm is based in Chicago, Illinois, United States.
- Who are the decision-makers at Workstorm?
- Fundz holds 1 contact at Workstorm. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Security and Legal around the same time
Companies in the same sectors as Workstorm that raised within 45 days of this round, from Fundz verified event records.
- LegalFly raised $2.2M (Seed) on November 28, 2023.
- SGNL raised an undisclosed amount (Corporate Round) on November 16, 2023.
- Vulcan Cyber raised $55M (Series B) on November 15, 2023.
- TrojAI raised $2M (Seed) on November 15, 2023.
- Zip raised $7.7M (Funding Round) on November 14, 2023.
- Aikido Security raised $5.4M (Seed) on November 14, 2023.
Who to call at Workstorm, and when
A new round usually means Workstorm is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Workstorm raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Workstorm, from your own LinkedIn network
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Fundz sees it the moment Workstorm raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansWorkstorm raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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