Tracxn Research: Enterprise Collaboration Landscape, August 2016

1. Enterprise Collaboration Report, August 2016 Tracxn World’s Largest Startup Research Platform 2

2. Enterprise Collaboration Report, August 20163 Contents Topic Page No. Scope of Report 05 Entrepreneur Activity 08 Investment Trend 12 Who is Investing 20 Exit Outlook - IPO, Acquisitions 24 Sub Sector Analysis 27 Interesting Companies 45 Useful Links 55 Company List 57 Team 356

3. Enterprise Collaboration Report, August 20164 Illustrative Sectors We Track ENTERPRISE INFRASTRUCTURE CONSUMER SECURITY STORAGE NETWORKING MOBILITY IT OPS CLOUD INFRASTRUCTURE API MANAGEMENT BIGDATA INFRASTRUCTURE FOOD TECH SECOND HAND GOODS EDUCATION TECHNOLOGY INTERNET OF THINGS VIRTUAL REALITY CONSUMER ROBOTICS WEARABLE TECHNOLOGY SMART HOMES DRONES SMART CARS 3D PRINTING EDUCATION IT SELF LEARNING FINTECH BITCOIN PAYMENTS ENTERPRISE APPLICATIONS SAAS ERP FINANCE AND ACCOUNTING DATA AS A SERVICE LEGAL TECH MARKETING TECH ENTERPRISE COLLABORATION BUSINESS INTELLIGENCE MOBILE MOBILE COMMERCE MOBILE PAYMENTS MOBILE MARKETING MOBILE DEV TOOLS MOBILE HEALTH MOBILE GAMING MOBILE LEARNING MOBILE COMMUNICATION HEALTHCARE LIFE SCIENCES DIGITAL HEALTH

4. Enterprise Collaboration Report, August 20165 Sector Overview Scope of report This report covers companies that provide enterprise collaboration software, networking tools which help employees to work together and collaborate to meet business objective and in turn improve employee productivity. Enterprise collaboration tools are typically two types: document centric and people centric. This report does not include companies offering customer service application which enables employee and external customer collaboration. This report focuses on following sectors:- The scope of this report includes equity as well as debt funding received by the companies. Name Description Collaboration Suite Integrated solutions providing social networking, conferencing, messaging, project management and others Conferencing Integrated solutions comprising of Web conferencing, Webcasting , webinar, Audio conferencing, Video Conferencing, Screen Sharing, online Meetings Content Management Includes solution for managing structured and unstructured data, Forms Processing, document imaging, scanning, data extraction, versioning control, Indexing, search , retrieval, Digital Asset Management File Synchronization and Sharing Range of on-premises or cloud-based capabilities that enable enterprises to synchronize and share documents, photos, videos and files across multiple devices Knowledge Management Collaboration over information sharing Messaging and Chat Room Solutions include collaborative messaging applications, chat rooms Notes and Documents Document / Content collaboration platform Project Management Solutions for Team management, task management, End to End Project lifecycle management (Scheduling, execution, Control and Monitoring) Social Networking Private communication within an organization through a social networking platform; Solutions include Wiki, Forum, Chat, blog, Document collaboration, Idea-management Platform

5. Enterprise Collaboration Report, August 20166 Enterprise Collaboration – Insights, Market Trends

6. Enterprise Collaboration Report, August 2016 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 7

7. Enterprise Collaboration Report, August 2016 79 139 137 175 158 132 11 0 40 80 120 160 200 2010 2011 2012 2013 2014 2015 2016 NumberofCompanies 8 YoY – Number of companies founded TigerText Seismic Highfive moxtra Symphony Bolste Barvas Bloomfire Captricity Quip Teambition Redkix Oneteam Wink

8. Enterprise Collaboration Report, August 20169 Large Upcoming Sectors

9. Enterprise Collaboration Report, August 201610 Niche Upcoming Sectors

10. Enterprise Collaboration Report, August 2016 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 1 11

11. Enterprise Collaboration Report, August 201612 YoY – Number of Rounds and Total Funding Note: The funding includes debt rounds also. $336M $355M $501M $859M $879M $999M $2.3B $1.1B $759M 73 85 87 113 160 183 157 132 57 0 40 80 120 160 200 0 500 1000 1500 2000 2500 2008 2009 2010 2011 2012 2013 2014 2015 2016 NumberofRounds FundingAmount(inMillions) Funding Amount Number of Rounds

12. Enterprise Collaboration Report, August 201613 YoY – Number of Rounds by Stage

13. Enterprise Collaboration Report, August 201614 YoY – Funding by Stage

14. Enterprise Collaboration Report, August 201615 Average Ticket Size – Early Stage

15. Enterprise Collaboration Report, August 201616 Top investments in last one year

16. Enterprise Collaboration Report, August 201617 Top investments in last one year

17. Enterprise Collaboration Report, August 201618 Funnel view of Sector

19. Enterprise Collaboration Report, August 201620 Most Active Investors in Sector 25 23 19 19 18 18 17 17 14 13 0 5 10 15 20 25 30 Accel Partners Y Combinator 500 Startups Draper Fisher Jurvetson Intel Capital Sequoia Capital Benchmark Capital Emergence Capital Andreessen Horowitz Index Ventures TotalNumberofCompanies Dropbox Dropbox CapLinked Box Box Dropbox Dropbox Box Box Dropbox Slack AeroFS Eko Communications Yammer Kaltura Evernote Lithium Lithium Slack Slack

20. Enterprise Collaboration Report, August 201621 Where are Top Investors investing

21. Enterprise Collaboration Report, August 201622 Top Investor by Stage of Entry

23. Enterprise Collaboration Report, August 201624 Top IPOs IPO Date Company Overview Funding Amount Jan-2016 intellinetics.com Intellinetics ( , 1994) Electronic document management solutions $6.81M Dec-2015 atlassian.com Atlassian (Sydney, 2002) Enterprise Collaboration Applications Accel Partners, T. Rowe Price $210M Jan-2015 box.com Box (Los Altos, 2005) File sharing in the cloud Andreessen Horowitz, Salesforce, Bessemer Venture Partners, NEA, General Atlantic, Emergence Capital, Draper Fisher Jurvetson, Intel Capital, US Venture Partners, Meritech Capital, DFJ Growth, DST Global, Scale Venture Partners, Sapphire Ventures, S23P, ITOCHU Technology Ventures, Telefonica, Telstra, Coatue, HTGC, TPG, Mitsui, Darwin Ventures, Sapphire Ventures, Social Capital, macnica.com $564.07M Feb-2014 varonis.com Varonis (New York City, 2005) Enterprise DLP, management & migration solution Accel Partners, EMC, Pitango Venture Capital, Evergreen Venture Partners, Qumra Capital, TLV Partners $28.8M Dec-2013 vcube.com V-cube (Torrance, 1998) Web based video conferencing solutions Intel Capital Sep-2013 ringcentral.com RingCentral (San Mateo, 2003) Cloud Based Communications and Contact Center solutions Sequoia Capital, Khosla Ventures, Cisco, Silicon Valley Bank, RTP Ventures, DAG Ventures, Scale Venture Partners, Northgate, Wing Venture Capital, Hermes Growth Partners, Hermes Growth Partners, Akkadian Ventures, Cisco Investments $44M Apr-2012 vocera.com Vocera (San Jose, 2000) Critical mobile communication solutions Venrock, GGV Capital, RRE Ventures, Avalon Ventures, Thomas Weisel Venture Partners, Vanguard Ventures, Leader Ventures, venrock $20.73M Dec-2011 jivesoftware.com Jive Software (Palo Alto, 2001) Enterprise collaboration platform KPCB, Northgate, Flywheel Ventures, Sequoia China $69.5M

24. Enterprise Collaboration Report, August 201625 Major Acquisitions

26. Enterprise Collaboration Report, August 201627 August 2016Tracxn BlueBox : Enterprise Collaboration 1350+ companies in the sector, 410 funded in last 5 years, $1.75B invested in 2015/2016

27. Enterprise Collaboration Report, August 201628 Top Business Models by Funding $1.9B $1.4B $1.2B $811M $723M $627M $481M $448M $440M $293M 0 400 800 1200 1600 2000 File Synchronization and Sharing Conferencing Messaging and Chat Room Project Management Social Networking Content Management Collaboration Suite Knowledge Management Notes and Documents Visual Workspaces TotalFundingAmount(inMillions) # Cos. 138 158 174 313 162 125 43 101 48 1 Avg. Age 2008.06 2006.55 2011.25 2009.92 2009.36 2004.15 2007.02 2008.32 2009.92 2005.00 Dropbox Fuze Slack Workfront Lithium SpringCM Atlassian Kaltura Evernote Prysm Box BlueJeans Network Symphony Asana Yammer Seismic Huddle Inkling Cambridge Soft

28. Enterprise Collaboration Report, August 201629 File Synchronization and Sharing – Business Model Description

29. Enterprise Collaboration Report, August 201630 File Synchronization and Sharing – Entrepreneur Activity and Investment Trend

30. Enterprise Collaboration Report, August 201631 File Synchronization and Sharing – Most Funded Companies

31. Enterprise Collaboration Report, August 201632 Conferencing – Business Model Description

32. Enterprise Collaboration Report, August 201633 Conferencing – Entrepreneur Activity and Investment Trend

33. Enterprise Collaboration Report, August 201634 Conferencing – Most Funded Companies

34. Enterprise Collaboration Report, August 201635 Messaging and Chat Room – Business Model Description

35. Enterprise Collaboration Report, August 201636 Messaging and Chat Room – Entrepreneur Activity and Investment Trend

36. Enterprise Collaboration Report, August 201637 Messaging and Chat Room – Most Funded Companies

37. Enterprise Collaboration Report, August 201638 Project Management – Business Model Description

38. Enterprise Collaboration Report, August 201639 Project Management – Entrepreneur Activity and Investment Trend

39. Enterprise Collaboration Report, August 201640 Project Management – Most Funded Companies

40. Enterprise Collaboration Report, August 201641 Social Networking – Business Model Description

41. Enterprise Collaboration Report, August 201642 Social Networking – Entrepreneur Activity and Investment Trend

42. Enterprise Collaboration Report, August 201643 Social Networking – Most Funded Companies

44. Enterprise Collaboration Report, August 201645 Interesting Seed Companies Company Overview Business Model Total Funding beekeeper.io Beekeeper (2012, Zurich) Mobile first team communication platform b-to-v Partners, Fyrfly Venture Partners, Polytech Ecosystem Ventures Messaging and Chat Room $5M shiftmessenger.com Shift Messenger (2014, San Francisco) Shift Messenger Y Combinator, Venrock, Kapor Capital, Golden, Commerce Ventures, Version One Ventures, QueensBridge Venture Partners, Newgen Venture Partners Messaging and Chat Room > Geolocation $1.62M teamstitch.com Stitch (2015, Mountain View) Healthcare team communication platform Y Combinator Messaging and Chat Room > Healthcare $120K Curated list of companies by the sector analyst are defined as Interesting

45. Enterprise Collaboration Report, August 201646 Interesting Series A Companies

46. Enterprise Collaboration Report, August 201647 Interesting Series A Companies

47. Enterprise Collaboration Report, August 201648 Interesting Series B Companies

48. Enterprise Collaboration Report, August 201649 Interesting Late Stage Companies

52. Enterprise Collaboration Report, August 201653 Top Funded Deadpooled Companies

54. Enterprise Collaboration Report, August 201655 Useful Links Slide Title Content Platform Link List of All Companies in readable format Companies Link Upcoming Sectors Entrepreneur Activity Link Top investments in last one year Investment Trend Link Investors Most Active Investors Link Major Acquisitions Exit Outlook - Acquisitions Link File Synchronization and Sharing– Most Funded Companies Sub Sector Understand Link Conferencing – Most Funded companies Sub Sector Understand Link Messaging and Chat Room – Most Funded Companies Sub Sector Understand Link Project Management– Most Funded Companies Sub Sector Understand Link Top Funded Deadpooled Companies Companies Link

56. Enterprise Collaboration Report, August 201657 Enterprise Collaboration – Company List COVERS THE FOLLOWING SECTORS Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and Chat Room Project Management Notes and Documents Knowledge Management Productivity

57. Enterprise Collaboration Report, August 201658 Collaboration Suite (1/10) Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and chat room Project Management Notes and Documents Knowledge Management Productivity Company Details Funding Investors Atlassian [Sydney, 2002]: Atlassian is a software company that provides enterprise collaboration software solutions. Originally founded in 2002 in Sydney, Australia, the company has quickly grown to establish a global presence with over 40,000 customers in over 134 countries. It offers JIRA, Confluence, Hipchat, Bitbucket and Stash products. They are for tracking, collaboration, real-time communication, code hosting and repository management. $210M Accel Partners, T. Rowe Price Huddle [London, 2006]: Huddle creates cloud-based collaboration and content management software for the enterprise. It lets users to securely store, share and collaborate on content with people inside and outside of their organization. Services on the platform include Team collaboration, file sharing, task management, social collaboration and mobile collaboration, integrating with a number of third party apps and supporting multiple other platforms including Office, SharePoint, and SalesForce. Lets you engage with colleagues or clients around projects through an elegant commenting workflow. $89.2M Matrix Partners, DAG Ventures, Jafco Ventures, Eden Ventures, Zouk Capital, Hermes GPE, In-Q-Tel, Icon Ventures Jingoal [Beijing, 2005]: Enterprise software platforms for small and medium enterprises. The company has 700,000 registered users, according to its website. Product includes enterprise instant messaging, project management, knowledge management, coordination and other management tools, supports file transfer, Broadcast Message with voice, video and other functions. $78M Tiger Global Management Open [Nuremberg, 2005]: Open-Xchange develops, markets and sells web-based communication, collaboration and office productivity software, which enable full integration of email, documents, scheduling and social media. Built for the cloud, OX App Suite connects business and personal worlds, across devices and legacy systems. Sold and delivered through cloud and hosting providers, telcos and local Internet services companies, OX App Suite helps individuals to collaborate, work and communicate the way they want. Has offices in San Jose, and Kuala Lumpur. $37.8M Baytech Venture Capital, eCAPITAL, BayBG, United Internet LogMeIn [Boston, 2003]: LogMeIn is a provider of SaaS and cloud based remote connectivity services for collaboration, IT Management & customer engagement. Its offerings include join.me for online meetings, Xively, Central, AppGuru, Cubby, BoladChat, and Rescue, accessible through any web browser. These products are focused on four business areas, including collaboration services, IT management services, customer services and Internet of Things Services. $30M Intel Capital, Integral Capital Partners, Polaris Partners, 3TS Capital Partners, Prism Venture Management

58. Enterprise Collaboration Report, August 201659 Collaboration Suite (2/10) Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and chat room Project Management Notes and Documents Knowledge Management Productivity Company Details Funding Investors Zimbra [Palo Alto, 2003]: Zimbra is the open source email, calendar, and collaboration web-based application, built with AJAX, and a full collaboration server. It can be deployed on-premises or hosted by a third party and run as a hosted email service. It is primarily used in the enterprise market and its competitors are Microsoft Exchange and Google Apps. It is built with well-known web technologies and scales economically. The core web client and server are also open source and available to be used for free. One of the other aspects of Zimbra is all APIs are open and a framework exists to incorporate other applications and web services directly into the web experience, such as Facebook, Twitter, Saleforce.com, WebEx or an organization’s own back-office systems. It got acquired by Telligent in 2013. $17M Accel Partners, Redpoint Ventures, Benchmark Capital, Intel Capital, Presidio Ventures, DAG Ventures, Inventures Group, The Abraaj Group Central Desktop [Pasadena, 2005]: Central Desktop delivers as a Software-as-a-Service (SaaS) social technology platform that allows business teams to communicate and collaborate more efficiently. Its collaboration software solution allows business teams to interact, share and manage their daily work activities from anywhere at any time. It offers a comprehensive suite of online collaboration tools, including wikis, document sharing, task management, Web conferencing, shared calendars and micro-blogging. $7M OpenView, Western Technology Investment, HTGC, SaaS Capital eXo [San Francisco, 2003]: eXo Platform is an open source social collaboration platform for enterprises. It provides various solutions - social intranet, knowledge management, document management, content management, project management, and communication tools. It has rich collaboration features such as wikis, forums, calendars and documents which are integrated around activity streams, social networking, and workspaces. Available for all platforms. Offers white label solutions also. $6M Auriga Partners, XAnge, Harbert Management, FABERNOVEL, Siparex Incentive [California, 2008]: Incentive provides socially powered enterprise collaboration platform which allow to integrates with organization's existing workflow, storage system and document management system.Features includes wikis, blogs, micro blogging, document collaboration, file sharing, instant messaging, video conversations, social behavior UX and API based platform for APP development.Offers 45 days free trial period and thereafter pricing is $3 per per month with an annual commitment. $3.95M

59. Enterprise Collaboration Report, August 201660 Collaboration Suite (3/10) Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and chat room Project Management Notes and Documents Knowledge Management Productivity Company Details Funding Investors WizeHive [Conshohocken, 2008]: WizeHive is an online collaboration tool that enables file sharing, manage projects and track activity with others in secure, private workspaces. It combines microblogging features found in Twitter and Yammer, project management features and general collaboration and organizational features found in SharePoint. WizeHive lets groups of people establish a private and continuous feed of activity. By setting up a private workspace, WizeHive users can communicate on one or more topics through a browser interface, a desktop client, or by sending and receiving emails. Uploaded files can be shared among workspace members and files can be edited collaboratively. $1.08M Gabriel Venture Partners, Gabriel Investments, Goldin Ventures, Mid- Atlantic Angel Group ParaBlu [Bangalore, 2011]: Parablu provides three products viz. Blukrypt, Bluvault and Blusync. Blukrypt is an on-premise cloud access security broker (CASB) and acts as a secure cloud gateway that allows enterprises to fully manage their security policy. Features include encrypted cloud storage, authentication, zero knowledge privacy, access control, authorization, content indexing & full text search, single sign-on, credential mapping, device profiling, logging, alerting. BluSync is a file sharing and collaboration application for enterprises. BluVault is a enterprise endpoint security management suite provider with features such as policy based management, SSO, device authentication. Selected by NASSCOM for "Emerge 10 Awards"in October, 2015. Part of Citrus Acclerators Innovators Program. Raised $500k as a part of newly-launched seed and incubation programme by Kalari Capital - KStart in June 2016. $500k Kalaari, Kstart yWorld [Vancouver, 2012]: yWorld provides a secure collaborative platform which tries to eliminate unnecessary physical meeting while allowing users to share, create, collaborate and chat simultaneously. With its "all-in-one" approach, it tries to provide unlimited cloud storage, document editing, multipurpose whiteboard and HD Video conferencing facility. $500K ScalIT [West Hartford, 2012]: ScalIT fulfill the IT needs of small businesses. It has created on-demand cloud application suite, providing the core services, such as email, calendaring and resource scheduling, file and document management, collaboration software, a private communications network, customer relationship management (CRM), and a public website. It utilize a centralized management system of independent and distinct business networks which have the capacity to provide multiple applications, in place of the single SaaS cloud services offered by its competitors. $30k

60. Enterprise Collaboration Report, August 201661 Collaboration Suite (4/10) Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and chat room Project Management Notes and Documents Knowledge Management Productivity

67. Enterprise Collaboration Report, August 201668 File Synchronization and Sharing (1/30) Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and chat room Project Management Notes and Documents Knowledge Management Productivity

97. Enterprise Collaboration Report, August 201698 Content Management (1/28) Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and chat room Project Management Notes and Documents Knowledge Management Productivity

125. Enterprise Collaboration Report, August 2016126 Social Networking (1/34) Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and chat room Project Management Notes and Documents Knowledge Management Productivity

159. Enterprise Collaboration Report, August 2016160 Conferencing (1/35) Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and chat room Project Management Notes and Documents Knowledge Management Productivity

194. Enterprise Collaboration Report, August 2016195 Messaging and Chat Room (1/37) Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and chat room Project Management Notes and Documents Knowledge Management Productivity

231. Enterprise Collaboration Report, August 2016232 Project Management (1/65) Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and chat room Project Management Notes and Documents Knowledge Management Productivity

296. Enterprise Collaboration Report, August 2016297 Notes and Documents (1/10) Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and chat room Project Management Notes and Documents Knowledge Management Productivity

306. Enterprise Collaboration Report, August 2016307 Knowledge Management (1/24) Collaboration Suite File Synchronization and Sharing Content Management Social Networking Conferencing Messaging and chat room Project Management Notes and Documents Knowledge Management Productivity