Serial entrepreneur and technology billionaire Bhavin Turakhia plans to invest $25 million in Flock, an enterprise team messenger, to enhance product innovation and meet global demand.
The new funding is in addition to Turakhia’s original investment of $20 million. The company, which competes with Slack, has also expanded to the US, Brazil, the UK, Russia and Spain, with the addition of native language support in each location.
“Since Flock entered the market, we have experienced significant global traction and 200 per cent growth. Accelerated demand for the need to increase efficiency across teams has provided us with every reason to continue to expand globally and for me to prepare to invest additional capital,” said Bhavin Turakhia, CEO and Founder of Flock
“Surveys and interviews with our global users demonstrated that more than 80 per cent of professionals prefer using software in their native language. We immediately made it a priority to develop multilingual support for our users worldwide,” he added.
The latest version of Flock comes with introduction of public channels to make it easier for users to discover and join conversations that interest them, within the team. It also introduces two native apps to help users improve efficiency and task management - shared to-dos to create and assign tasks, with due dates and My Favorites, to bookmark important messages, files, or links in a chat.