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HomeFinTechFirstbase: Raises $50M in Series B Funding

Firstbase: Raises $50M in Series B Funding

Firstbase Raises $50M in Series B Funding

  • Firstbase, a NYC-based provider of remote infrastructure for global teams, raised $50m in Series B funding
  • The round, which brought total funding raised to date to $65m, was led by Kleiner Perkins with participation from existing investors
  • Kleiner Perkins’ Josh Coyne, was appointed to company’s Board of Directors
  • The company intends to use the funds to accelerate hiring, product development, operations and geographic expansion
  • The subscription-based process allows a company to create a catalog of available inventory where individual workers can select the equipment they need to do their job
  • The software is currently in use managing tens of thousands of remote workers across the U.S. and Europe
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