Russian-founded software publisher RealtimeBoard raises $25 million in California

RealtimeBoard, a startup with Russian roots which offers a visual collaboration tool for distributed teams, has raised $25 million in California. This Series A funding round was led by Accel, with participation from existing investor AltaIR Capital, a seed stage fund with Russian and Israeli roots.

Another investor in RealtimeBoard is Dutch businessman Bas Godska, one of the most prolific business angels in Eastern Europe with more than 35 investments in Russia, Ukraine and Kazakhstan.

Godska invested in the startup along with AltaIR in January 2017, but did not follow-on in the latest round.

Commenting on the startup’s team and its prospects,  Godska said: “Andrey Khusid [the founder and CEO] is very passionate, creative and focused, and attracted a great team. I was excited when he opened the door for my seed investment, and have enjoyed observing the project’s development over the last five years.”

“RealtimeBoard has the potential to become a unicorn,” the Dutch business angel added in his exchange with East-West Digital News.

Founded in Perm, Russia, in 2011, the startup quickly got recognition in industry contests. It now employs 150 people across offices in San Francisco, Los Angeles, Amsterdam and Perm. Among its clients are Autodesk, Hubspot, Netflix, Qlik, Skyscanner and Twitter, as reported by TechCrunch.

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Topics: Enterprise software, Finance, International, News, Perm, Regions & cities, Software, Startups, Venture / Private equity
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