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Wireless

Element raises USD 30 mln of Series B funding

Tuesday 27 July 2021 | 14:24 CET | News
Encrypted messaging app provider Element has raised USD 30 million of Series B funding in order to revolutionise its application's usability, add major features, expand in the enterprise market and take Matrix fully mainstream. The round is led by Protocol Labs alongside Metaplanet, the investment fund set up by Jaan Tallinn, co-founder of Skype. Automatic and Notion are also participating in the round, doubling down on their existing investments in Element.

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Categories: Mobile & Wireless
Companies: Element / Skype
Countries: World
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