Nylas, an API platform enabling developers to build features for email, scheduling and work automation tools, has attracted a $120 million Series C investment that includes participation from some fintech luminaries.
The round, which will be used to enable the platform to automate workflows using natural language processing, optical character recognition and conversational AI/ML, was led by Tiger Global but included Stripe’s Collison brothers and Klarna CEO Sebastian Siemiatkowski. The Series C round brings Nylas’ total raised to $175 million.
“The fundamental shift towards digital communications and connectivity has companies across all industries increasingly leaning on developers to solve critical business challenges and build engaging product experiences. APIs have become core to modern software development and digital transformation,” said Gleb Polyakov, co-founder and CEO of Nylas. “Through our suite of powerful APIs, we give developers the tools needed to meet customer and market needs faster, create competitive differentiation through powerful and customized customer experiences, and generate huge operational savings through more productive, secure, and intelligently-automated development cycles.”