Liveblocks raises $5M in seed funding from Boldstart, Atlassian, Seedcamp and more
Today, a year into our journey, I'm thrilled to announce that we have raised a $5M seed round from Boldstart, our lead investor, as well as Atlassian, Kima Ventures, Seedcamp and more.
The widespread shift to remote work has been faster and more dramatic than I
think any of us could have imagined. I was recently watching
an interview
with LinkedIn’s Chief Economist who shared a stat I found staggering:
pre-pandemic one in every 67 jobs was remote. Now it’s one in seven.
I’ve been fortunate to work remotely since 2016, when the animation tool I had
created led me to
join InVision by way of an acquihire.
At the time, InVision was
a pioneer in remote work
that grew to 1,000 employees with zero offices before anyone had even heard the
word COVID-19. But throughout my years of working remotely I’ve also seen
firsthand the struggles that come along with trying to collaborate with
coworkers who aren’t in the same physical space as you, especially when the
tools we use everyday simply haven’t kept pace. I felt this acutely in the early
days of working with my Liveblocks co-founder, Guillaume.
Guillaume and I first connected when we were both working on the design tools
team at InVision: he as an engineer and me as a product designer. We bonded at
an in-person team event in San Francisco over being the only two French people
in the company, and also our shared passion for making creative tools.
We eventually decided to leave our jobs to focus our efforts full-time on
building a Google Slides competitor. The first several months were difficult.
Guillaume was working from Montreal and I was working from New York, and we
struggled to find a solution that would enable us to build a tool with the
multiplayer functionality that was so critical. The tools we did manage to find
had myriad problems. They didn't integrate easily into our infrastructure, made
it difficult to build a version history panel and multiplayer undo/redo, were
optimized for text collaboration rather than layer-based creative tools and
required us to cobble multiple services together in order to have something work
end-to-end.
Eventually we decided to create our own. Along the way, we realized that if we
were having this problem, other companies must be as well. And so we decided to
drop the presentation tool, and focus on turning the powerful backend we’d built
into a set of APIs that any team could use to build realtime collaborative
products.
Today, a year into our journey, I’m thrilled to announce that we have raised a
$5M seed round from Boldstart, our lead investor, as well as Atlassian, Kima
Ventures, Seedcamp and more.
Boldstart and Seedcamp – early stage funds that have backed startups like Hopin,
Snyk, Superhuman, Revolut and Wise — both returned after participating in
our pre-seed round.
As a company with two French founders, we were particularly proud to partner
with the team at Paris-based Kima Ventures. And of course, we are thrilled to
welcome Atlassian – the best-known company in the world for team collaboration
and productivity software – as one of our new investors. (And, as a naturalized
Australian citizen, I’m thrilled to be working with one of the country’s biggest
tech success stories!)
“The shift to remote work has changed the use case for many products quite
literally overnight. Developers are tasked not only with the core user
experience but also with making those experiences collaborative and
multiplayer,” said Chris Hecht, Head of Corporate Development, Atlassian. “This
is why investing in Liveblocks was a no-brainer for us. The team has found a way
to save engineering teams time and money by shortcutting the need to build
collaborative infrastructure in-house.”
“We invest in technical founders who are intensely committed to building a
solution to a problem they’ve experienced themselves, so Liveblocks’ mission and
origin story couldn’t have resonated more with us,” said Ellen Chisa, boldstart
ventures. “The need for what they’re building couldn’t be clearer and we’re
proud to support the team as they build the future of realtime collaboration.”
Since we announced our
pre-seed in September, the number of Liveblocks accounts has doubled, and
connections – when a user connects to a Liveblocks room – have increased by more
than 10x in the last three months. We’ve also seen a handful of companies
leverage Liveblocks in really exciting ways: Clover, the all-in-one notebook for
creatives, managed to
make their product multiplayer in less than a day.
We believe that this kind of realtime collaboration is the future for every SaaS
company, and we’ll be using this round of funding to continue investing in
product development so more companies can make that transition. We’ll also be
using it to build our team across engineering,
design, marketing and HR.
In addition to our funding, we’re also launching
Storage block, a conflict-free data storage
solution that will enable anyone to edit and view the same data in realtime.
Inspired by CRDTs, Storage block is a perfectly integrated, lightweight solution
that serves as the persistence layer to enable multiplayer collaboration. It has
the following features:
Multiplayer undo/redo: Storage Block’s flexible APIs integrate perfectly
in a multiplayer environment.
Offline support: We’ve created plenty of resources to ensure that you are
backed up and changes made by any user will automatically sync when they're
back online.
Conversion in hours, not months: Liveblocks integrates with JavaScript and
React, as well as Zustand and Redux — the most popular state-management
libraries –, so you can convert a non-multiplayer product in a matter of hours
and without re-architecting your entire codebase.
Control over your data: Create custom authentication endpoints to control
your users' permissions and use our API endpoints to clear realtime data from
Liveblocks’ servers and store it on your own database at the end of each
session.
I couldn’t be more excited about the future at Liveblocks. Everyday I see the
need for what we’re building, and the creative ways that our users are
incorporating our technology into their products. The stellar group of investors
that we’ve attracted is just more evidence that our mission to make all digital
experiences collaborative is resonating with others.
If you are interested in joining our team to help support that mission, check
out our careers page. For more information or to
sign up for Storage block, visit liveblocks.io/storage.