PALO ALTO, CA, Feb. 5, 2019 (GlobeNewsWire) — Mattermost, the fastest growing messaging platform for engineering teams at large organizations, today announced that it has closed a $20 million series A funding round led by Redpoint Ventures with participation by S28 Capital and Y Combinator. In just a few years, Mattermost has exploded in popularity as an open source messaging platform, with over 10,000 server downloads every month and a vibrant community of contributors.
Hi everyone, I am excited to announce that Mattermost has raised a $20 million Series A round led by Redpoint Ventures, with participation from S28 Capital and Y Combinator. Mattermost’s mission is to make the world safer and more productive through open source software.
After closing a $20 million Series A round, Mattermost is skyrocketing in popularity as a secure, open source Slack alternative for enterprise DevOps and IT. High-trust teams are adopting it for messaging to overcome some of the biggest collaboration challenges today.
We are releasing a recommended security update via Mattermost Team Edition 5.7.1, 5.6.4, 5.5.3 and 4.10.6 (ESR) and Mattermost Enterprise Edition 5.7.1, 5.6.4, 5.5.3 and 4.10.6 (ESR). This security update addresses a high-level vulnerability discovered during a security research review by Rohitesh Gupta.