Clockwise, the US-based smart calendar technology developer that counts enterprise software provider Slack as an investor, received $18m yesterday in a series B round led by Bain Capital Ventures.
Bain Capital Ventures, the venture capital arm of private equity firm Bain Capital, was joined by VC firms Accel and Greylock Partners.
Founded in 2016, Clockwise is the creator of a calendar software tool that utilises artificial intelligence technology to help users organise their activity. It is putting the series B proceeds into product innovation and increasing headcount.
Matt Martin, co-founder and CEO of Clockwise, said: “Clockwise started with a simple mission to help workers make time for what matters. We delivered on that mission with our intelligent calendar software that allows workers to take back control of their day. This new funding enables us to accelerate our growth and build the future of calendar today.”
Accel and Greylock co-led an $11m series A round for the company in June 2019 that included Slack subsidiary Slack Fund, SV Angel, Michael Ovitz, Ellen Levy, George Hu, Soraya Darabi and Jay Simons to take its total funding to $13m.
