$30 Million Funding And $300 Million Valuation

$30 Million Funding And $300 Million Valuation

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  • Titan, a professional email suite built with the vision of enabling better customer relationships for professionals and businesses, announced recently it raised $30 million at a valuation of $300 million

Titan — a professional email suite built with the vision of enabling better customer relationships for professionals and businesses with customers — announced recently that it raised a $30 million investment from Automattic. This round of funding values Titan at $300 million.

Titan’s features are designed to bring businesses closer to customers. And with Titan’s Scheduled Send, users can time their new emails to send when they’re most likely to be read. And with Follow-Up Reminders, businesses are able to ensure that they stay persistent when following up on leads. Titan also has Email Templates, which allow users to quickly send out new emails and recurring responses without having to draft them from scratch.

Titan is currently available for users through its partnerships with leading web presence providers, including WordPress.com. And for anyone purchasing a WordPress.com website, Titan is available to all customers with a 3-month free trial for new customers.

Titan will utilize the investment from Automattic to deepen and expand its product suite to deliver greater value to its current and future customers.

KEY QUOTES:

“Email is used by over 1/6th of the global population for work, yet very little innovation has happened in business email over the last two decades. In Titan, we’ve built a platform specifically designed for professionals and businesses with features that drive their goals – streamlining workflows, automating tasks and making conversations richer and more contextual.”

— Bhavin Turakhia, Founder and CEO of Titan

“We are excited to make our largest strategic investment to date in Titan, and we are working to integrate it deeply on WordPress.com as a tool to help customers build a professional brand online. We believe in Titan’s potential to create a world-class suite of productivity tools that offer an in dashboard, customized user experience, in which it gives users and partners ownership and control over their personal data.”

— Matt Mullenweg, founder and CEO of Automattic

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