As product development incorporates more feedback, development toolkit productboard raises $8M

TechCrunch | 7/12/2018 | Staff
Click For Photo: https://techcrunch.com/wp-content/uploads/2016/09/productboard11.jpg?w=600

Since its debut on the TechCrunch Disrupt stage in September 2016, demand for a service like productboard, which gives companies a wholistic view of product development and encourages input from across an organization, has only gotten more acute, according to company chief executive Hubert Palan.

Now, with an $8 million commitment from Kleiner Perkins Caufield & Byers with participation from Index Ventures, Credo Ventures, Reflex Capital and Rockaway Capital, alongside a host of angel investors, the company is looking to expand its sales and marketing and product development efforts to bring the benefits of its toolkit to more companies.

Years - TechCrunch - Productboard - Company - User

In the two years since TechCrunch last saw productboard, the company’s user base has grown significantly, from 100 customers in 2016 to over 1,200 companies today spanning a broad range of industries.

For Palan, the company’s growing user base (which now includes medical device companies, academic publishers, and news organizations in addition to traditional digital product developers) is proof of a new demand in the market for more inputs around product design and development.

Company - Company - Palan - Company - Product

“Every company is now a digital company,” Palan said. “So every company needs to worry about digital product design.”

The company’s toolkit still includes features that allow it to hoover up information from customer support tickets, emails, input...
(Excerpt) Read more at: TechCrunch
Wake Up To Breaking News!
True or False Prophet, check for God keeping seal of approval.
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!