Workstorm, a Chicago, IL-based provider of secure collaboration solutions, raised an undisclosed amount in Series A funding, at $200M valuation.
The saw participation from Author Capital Partners and others.
The company intends to use the funds to accelerate product development, expand its customer base, and support the growth of its sales and engineering teams.
Led by Raj Fernando, Founder and CEO, and Nicholas Stech, Co-founder, Workstorm provides secure collaboration technology designed for legal, government, and professional services organizations, as well as compliance mandated industries such as healthcare and finance. With its features, the company enables teams to collaborate efficiently while maintaining the highest security and privacy standards.
FinSMEs
18/10/2023