Firebase, a three-year-old, San Francisco-based startup whose cloud service is designed to power collaborative communications in real time, has raised $5.6 million in Series A funding from Union Square Ventures and Flybridge Venture Capital. The company had raised $1.4 million in seed funding last year from Flybridge, Data Collective, Greylock Partners, New Enterprise Associates and Expansion Venture Capital.
COMPANY BLOG POST:
We’ve raised a $5.6M Series A from Union Square Ventures and Flybridge
By James Tamplin on June 20, 2013
We’re thrilled to announce our Series A today!
Firebase exists to help developers build extraordinary experiences. Every day we’re inspired by the things you build, from video sharing services to business collaboration tools to disaster simulation software. This new investment lets us pursue this mission even faster, and it provides the solid financial footing we need to ensure we’ll be around in the long term.
This raise would not have been possible without the amazing people on our team. Firebase would not be here if it weren’t for their dedication and truly excellent work.
Chip Hazard from Flybridge and Albert Wenger from USV will be joining our board. They both bring deep expertise building companies with developer-facing products. Both Chip and Albert sit on the board of 10gen, the makers of MongoDB, and between the two of them they bring experience from Twilio, Crashlytics, and many more.
Chip invested in our seed round a year ago and has been fantastic to work with. Albert was the only investor we pitched who immediately made a Firebase app (a game of multiplayer snake). Together they’ll help us navigate the early stages of building a big company that has a huge impact.
The goals for us now are:
Invest heavily in supporting our community. We want to provide developers who are using Firebase with assistance, educational materials, and opportunities to show off their work.
Launch our paid product. We’ll be taking the beta label off Firebase soon. You can see our pricing plans for when that happens here. Until then Firebase remains free.
Continue to build a world-class team (we’re hiring!).
Finally, we’d like to thank everyone who has supported us over the past 21 months. Our early developers helped shape what Firebase looks like, and our seed investors gave us advice and runway so the product could mature. Many more of you provided encouragement and counsel along the way. Thank you!
We can’t wait to show you what’s next. Big things are coming!
Co-Founder & CEO