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