, a startup developing what it characterizes as an open-source messaging alternative to Google’s Hangouts Chat, Atlassian’s HipChat, Slack, and Microsoft Teams, today announced the closure of a $50 million series B financing round led by Y Combinator’s Continuity Fund, with participation from new investor Battery Ventures as well as existing investors Redpoint and S28 Capital. The capital infusion follows on the heels of a $20 million series A in February and a $3.5 million seed round in February 2017, and it brings the Palo Alto, California-based company’s total raised to roughly $70 million.

Twitter COO Ali Rowghani and Battery Ventures’ Neeraj Agarwal will join as board director and board observer, respectively, as part of the round, which comes as monthly downloads of the open

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