Cotap Raises $10 M of Series B Funding
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San Francisco, California – Cotap, a simple and secure mobile messaging application for coworkers has raised $10 million of series B funding from Emergence Capital Partners and Charles River Ventures.
“There are 615 million knowledge workers in the world but 2.1 billion workers that are not ‘knowledge workers,’” says Jim Patterson, the co-founder and CEO. “It’s interesting that you have all these companies like IBM and even Google going after a relatively small piece of the pie. We’re looking at the other portion.”
Cotap has signed more than 6,000 companies to use the mobile for free. The startup made $5.5 million of series A funding last year..
Funding Total: $10,000,000
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|Investors: Emergence Capital Partners, Charles River Ventures|