Firstbase, a NYC-based provider of remote infrastructure for global teams, raised $50m in Series B funding.
The round, which brought total funding raised to date to $65m, was led by Kleiner Perkins with participation from existing investors Andreessen Horowitz, Alpaca VC, and Forum Ventures. Kleiner Perkins’ Josh Coyne, was appointed to Firstbase’s Board of Directors.
The company intends to use the funds to accelerate hiring, product development, operations and geographic expansion.
Founded in late 2019 by Chris Herd, CEO, and Trey Bastian, Firstbase is building an Employee Experience Management (EXM) platform for modern work, which provides remote infrastructure as a service, automating the onboarding and offboarding of employees and management and upgrades of all physical equipment. In addition to handling the deployment of assets, the company manages IT installation and upgrades, ongoing repairs, culture and perks, as well as asset collection when a worker leaves.
The subscription-based process allows a company to create a catalog of available inventory where individual workers can select the equipment they need to do their job.
The software is currently in use managing tens of thousands of remote workers across the U.S. and Europe.
The team recently hired:
- Ian Cairns, Head of Product, a former director of product for Twitter’s developer platform, and
- Loic Houssier, VP of Engineering, who joined from Docusign, where he spent six years.
FinSMEs
27/03/2022