“Universal communication” service Mailcloud raises $2.8m

Octopus Ventures leads backing of Young Gun-founded service which allows real-time management of all electronic communication

A new start-up that allows users to manage all their electronic communications and services through a single platform has raised $2.8m seed funding, led by tech-focused VC investor Octopus Investments.

Mailcloud, founded in November 2013 by former Young Gun Malcolm Bell, operates a service where users connect their existing email account to allow the platform to organise their entire history of emails, files and content into folders sorted by person.

The service – currently in beta – allows teams to communicate with all their contacts, across all devices, in a “highly personalised” way. Its stated aim is to put all content and communication in one place for the first time.

Founder Malcom Bell said the idea for the start-up came after he received 145,000 emails in a year in his capacity as founder at previous start-up Zaggora.

The $2.8m Octopus-led backing also contained input from a number of high-profile tech investors, including Xavier Niel’s Kima Ventures (an early backer of Square and Nest amongst others), Seedcamp London, co-founder of Skyscanner Barry Smith, Irish tech entrepreneur Ray Nolan and Frederic Court, a partner at Advent Ventures.

It follows a $1m “commitment” in January from Malcolm Bell’s investment company Dessinka.

Malcolm Bell, founder of Zaggora, said: “In 2011, I spent so much time organising my own organisation I couldn’t get any real work done. Since I was a kid, I always had a passion for technology and this was a problem I believed technology could solve.

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“After looking around at different apps and solutions, there wasn’t one that organised everything for me in one place. After speaking with some engineering friends, they felt the same. So, we decided to build a Mailcloud for ourselves and for everyone else.

“This latest funding will help us to really push forward the development of the service, we welcome Octopus and our new investors on board and look forward to working together to help teams work easier and faster.”


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