Hall Raises $5.5 Mln in Series A Funding
Social networking service provider Hall announced on Tuesday that it received USD 5.5 million from new investors in Series A funding.
Signia Venture Partners, Felicis Ventures and Eric Hahn headed the round along with the California-based company's current investor, PivotNorth Capital's Tim Connors.
Felicis Venture's Sundeep Peechu was appointed a position in Hall's board of directors in the same event, joining Hall CEO and Founder Brett Hellman and Tim Connors of PivotNorth.
Peechu commented on recent Hall investment, saying "messaging is the next frontier in the enterprise for SaaS. We were incredibly excited to see thousands of teams living on Hall's platform and the early team Brett has assembled to scale it further."
Hall, which is currently based in Mountain View, California, specializes in providing cross-device, cross-platform messaging to businesses and assists consumers heighten revenues through efficient messaging services much like SMS.
"As both users and entrepreneurs we were inspired by the early innovation delivered in consumer messaging services, yet we know that those services don't work in a business environment. Today there is a pent up demand for mobile messaging that's cross-device, cross-platform and cross-company," stated Hall Founder and CEO, Brett Helman, adding, "with this round Hall will deliver next generation messaging and collaboration solutions which are currently under-served by inadequate or antiquated, on-premise offerings."
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