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Nylas secured $25 million in Funding backed by Round13 Capital

Nylas secured $25 million in Funding backed by Round13 Capital

Nylas

Nylas, a California based provider of communications APIs for developers, has now secured $25 million in Series B funding round.

Nylas is founded by Gleb Polyakov. It offers an API platform that enables developers quickly and securely access and process user data from any calendar, email, and contacts provider in the world.

The solution allows developers to integrate complex, unstructured communications data into their application in days, offering secure pre-built integrations that are GDPR compliant, HIPAA, FINRA, SOC 2 certified, and Privacy Shield certified.

Executive Opinion

Gleb Polyakov, CEO, and co-founder of Nylas, said, "The way we build software has fundamentally changed. The last 10 years have been all about the explosive growth of applications; the next 10 years will be all about companies solving development challenges at the API and abstraction layer to enable developers to increase their go-to-market velocity. Companies like Twilio, Stripe, and Nylas have shown developers around the world how API platforms can help them quickly and securely build critical features into their applications, removing complexity, cost, and risk. With this additional funding and deep expertise from all of our investors and partners, Nylas will be able to ensure that no developer has to waste their time building their own communications infrastructure ever again."

Alex Moore, Partner at 8VC, said, "We are proud to lead this round as we continue to see Nylas’ exponential growth in a category that’s in heightened demand. Over the years, we have seen the Nylas team establish and scale their platform to become an integral layer in some of the world’s leading software applications. We believe Nylas will become the industry standard for companies looking to power experiences in their applications that drive customer engagement and retention."

Nylas' latest funding

The round was backed by the Round13 Capital and 8VC with participation from existing investor ScaleUP, Slack Fund, and Spark Capital.

Apart from that, new investors Citi Ventures also joined the funding round.

The company, as of now, has plans to use the new funds to increase sales and marketing activities while accelerating product innovation.
PC: Pablo, Unsplash

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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