{"id":21476,"date":"2020-08-25T05:03:34","date_gmt":"2020-08-25T05:03:34","guid":{"rendered":"https:\/\/www.lavca.org\/insight-partners-leads-us118m-series-b-in-visual-collaboration-platform-mural\/"},"modified":"2020-08-25T05:03:34","modified_gmt":"2020-08-25T05:03:34","slug":"insight-partners-leads-us118m-series-b-in-visual-collaboration-platform-mural","status":"publish","type":"post","link":"https:\/\/www.lavca.org\/insight-partners-leads-us118m-series-b-in-visual-collaboration-platform-mural\/","title":{"rendered":"Insight Partners Leads US$118m Series B in Visual Collaboration Platform MURAL"},"content":{"rendered":"

Insight Partners led a <\/span>US$118m<\/span> Series B in <\/span>MURAL<\/b>, a US-based visual collaboration software enterprise platform with operations in Argentina, with participation from Tiger Global, Slack Fund, and World Innovation Lab, and follow-on from Gradient Ventures. <\/span>Radian Capital and Gradient Ventures led a <\/span>US$23m<\/span><\/a> Series A in MURAL in early 2020.<\/span><\/em><\/p>\n

(Press Release<\/a>) MURAL, the leading digital workspace for visual collaboration in the enterprise, has closed $118 million<\/span>\u00a0in Series B funding, led by\u00a0Insight Partners and joined by Tiger Global, Slack Fund, World Innovation Lab, and existing investor Gradient Ventures. Numerous other investors participated in the funding, including\u00a0Ryan Smith<\/span>, CEO and co-founder of Qualtrics;\u00a0Bill Veghte<\/span>, CEO of AthenePartners, former Microsoft SVP and former HP COO; and\u00a0Allison Pickens<\/span>, former COO of Gainsight.\u00a0Jeff Lieberman<\/span>, managing director at Insight Partners, has joined MURAL’s Board of Directors and Insight Partners managing director,\u00a0Nikhil Sachdev<\/span>, has joined the Board as an observer.<\/p>\n

“MURAL has repeatedly supported massive implementations and met the exacting specifications of global enterprises,” said\u00a0Jeff Lieberman<\/span>\u00a0of Insight Partners. “The company has shifted from a startup to a scaleup, not only growing revenue through rapid expansion within Fortune 500 companies, but also onboarding new enterprise customers and consulting partners at high velocity. Insight Partners looks forward to helping to accelerate market adoption of MURAL to support the future of team collaboration.”<\/p>\n

Enterprise teams and consulting leaders use MURAL to generate common understanding and solve problems through visual collaboration. More than an online whiteboard, MURAL enables innovation at scale. It is a digital workspace for product strategy and planning, research and design collaboration, facilitated workshops that use agile and design thinking methodologies, and sales and consulting engagements. MURAL integrates with Slack, Microsoft Teams, Dropbox, JIRA, Google Drive, and GitHub, among other platforms.<\/p>\n

The Series B capital will enable MURAL to expand adoption to new types of teams and use cases within enterprises; extend its go-to-market operations globally; accelerate development of new enterprise-ready features; and deepen its community engagement initiatives that support facilitators, design thinkers, and agile experts as they advance the way teams work together.<\/p>\n

“Slack Fund invests in companies that are reinventing the future of work, especially those addressing the unique challenges presented by distributed teams,” said\u00a0Jason Spinell<\/span>, director, Slack Fund. “As the system of record for visual productivity, MURAL gives teams the ability to develop ideas in real-time to enhance innovation and collaboration at enterprise scale. We have seen that when integrated with the Slack platform, MURAL’s solution transforms how distributed teams interact and imagine together to get work done.”<\/p>\n

“Imagination at work is key to innovation. The visual methods made popular to collaborate on ideas are here to guide us,” said\u00a0Mariano Suarez-Battan<\/span>, MURAL’s co-founder and CEO. “Early adopters in some of the largest organizations in the world realized that they don’t need to be in the same room to turn imagination into innovation through visual collaboration. They now feel comfortable doing product strategy, improving processes, and engaging customers remotely. Today, everybody else is rushing to develop this level of remote work fluency. With this funding and the expansion of our team, we are ready to support teams all over the world in their journey.”<\/p>\n

MURAL has tripled annual revenue year over year, doubled headcount, and added more than a million monthly active users around the world so far this year. Enterprises such as IBM, Autodesk, Intuit, GitHub, and Atlassian each have up to tens of thousands of MURAL members collaborating with the product each month.<\/p>\n

Learn more about MURAL and try it free for 30 days by visiting\u00a0www.mural.co. In addition, MURAL is offered free for\u00a0classroom use\u00a0as well as to consultants through the\u00a0MURAL Consultant Network.<\/p>\n

ABOUT MURAL
<\/b>MURAL is the leading digital workspace for visual collaboration in the enterprise. Teams depend on MURAL to understand and solve problems and build consensus using visual methods. More than an online whiteboard, MURAL enables innovation at scale by providing a platform for everything from product strategy and planning to leading immersive workshops using agile and design thinking methodologies. Industry-leading teams at companies including IBM, IDEO, Autodesk, Intuit, GitHub, and Atlassian use MURAL to work together \u2014 at any time and from anywhere. Learn more at\u00a0www.mural.co.<\/p>\n

ABOUT INSIGHT PARTNERS
<\/b>Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than\u00a0$30 billion<\/span>\u00a0in capital commitments. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all. For more information on Insight and all its investments, visit\u00a0www.insightpartners.com\u00a0or follow us on Twitter @insightpartners.<\/p>\n

Image credit: Diggity marketing<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Insight Partners led a US$118m Series B in MURAL, a US-based visual collaboration software enterprise platform with operations in Argentina, with participation from Tiger Global, Slack Fund, and World Innovation Lab, and follow-on from Gradient Ventures. Radian Capital and Gradient Ventures led a US$23m Series A in MURAL in early 2020. (Press Release) MURAL, theContinue reading “Insight Partners Leads US$118m Series B in Visual Collaboration Platform MURAL”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":6712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[26],"tags":[],"acf":[],"yoast_head":"\nInsight Partners Leads US$118m Series B in Visual Collaboration Platform MURAL - LAVCA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lavca.org\/insight-partners-leads-us118m-series-b-in-visual-collaboration-platform-mural\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insight Partners Leads US$118m Series B in Visual Collaboration Platform MURAL - LAVCA\" \/>\n<meta property=\"og:description\" content=\"Insight Partners led a US$118m Series B in MURAL, a US-based visual collaboration software enterprise platform with operations in Argentina, with participation from Tiger Global, Slack Fund, and World Innovation Lab, and follow-on from Gradient Ventures. 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