San Francisco — (BUSINESS WIRE) — Nylas, a leading provider of communications APIs for developers, today announced it has secured $25 million in Series B funding. This round was led by 8VC and Round13 Capital, with participation from existing investors Spark Capital, ScaleUP, and Slack Fund. Additionally, new investors Citi Ventures joined the round.
Nylas provides an API platform that enables developers to quickly and securely access and process user data from any email, calendar, and contacts provider in the world.
Nylas says its solution saves customers an average of 16 months and $2M in up-front development costs by allowing developers to efficiently integrate complex, unstructured communications data into their applications in days, providing secure and reliable pre-built integrations that are SOC 2 certified, GDPR compliant, Privacy Shield certified, and HIPAA and FINRA-ready.
Nylas boasts over 450 customers globally — including companies such as Comcast, Hyundai, Realtor.com, Dialpad, Freshworks, Pipedrive, Qualia, and Clio. Over 40,000 software developers around the world use Nylas to serve over 1.2B API calls and sync 15TB of data daily.
“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,” said Gleb Polyakov, CEO and co-founder of Nylas.
Nylas plans to allocate the funding to scale sales and marketing activities while accelerating product innovation. The funding follows the recent acquisition of June.ai, a developer of AI-powered productivity tools that perform autonomous tasks across users’ inboxes, such as organizing messages, surfacing attachments, automating responses, and highlighting important interactions. The integration of June.ai’s core technology expands the capabilities of the Nylas platform into intelligent workflow automation.
Nylas plans to double its workforce over the next 12 months and is hiring across locations in San Francisco, New York City, and Denver as well as building a dedicated engineering team in Toronto, Canada.
To learn more about how Nylas, visit nylas.com.
Contacts
Jaclyn Pullen
BLASTmedia for Nylas
317.806.1900 x 143
Jaclyn@BLASTmedia.com
