Today, we’re delighted to announce that Y Combinator Continuity is leading a $50M Series B investment in Mattermost as an open source alternative to Slack and Microsoft Teams. With today’s announcement, Mattermost becomes YC’s largest ever Series B investment, and more importantly, their largest open source investment to date. YC is joined by our existing investors, Redpoint and S28 Capital, and new investor Battery Ventures.
After migrating from Hipchat to Mattermost, Oetker Digital was able to innovate faster for its legendary parent company. The platform helped globally dispersed teams stay unified, productive, and focused as they collaborated on bold new digital initiatives for the enterprise.
Mattermost 5.12 is packed with new features designed to increase team productivity and improve your Mattermost experience.