What is Igloo?
Igloo Software operates as a leading provider of digital workplace solutions, effectively replacing legacy intranets with dynamic, cloud-native platforms. The company focuses on centralizing organizational knowledge, fostering employee engagement, and streamlining communication across complex enterprise environments. By integrating with existing cloud applications and mobile systems, Igloo serves as a single-source-of-truth for businesses, facilitating improved productivity and a cohesive corporate culture. Its market position is defined by its ability to bridge the gap between disparate enterprise systems and the human-centric needs of a modern, mobile-enabled workforce.
How much funding has Igloo raised?
Igloo has raised a total of $56M across 3 funding rounds:
Series A
$4M
Series B
$5M
Private Equity
$47M
Series A (2008): $4M with participation from BlackBerry and RBC Venture Partners
Series B (2012): $5M led by Ontario Emerging Technologies Fund
Private Equity (2018): $47M supported by Frontier Capital
Key Investors in Igloo
Frontier Capital
Frontier Growth is a growth equity partner focused on supporting vertical Software as a Service (SaaS) companies through their growth journeys, specializing in domain experts innovating their industries.
Ontario Emerging Technologies Fund
The Government of Ontario develops and implements policies, legislation, and programs to serve the needs of Ontario residents while managing provincial affairs and economic development.
BlackBerry
BlackBerry helps organizations defend against cyber threats and is a leader in cybersecurity, helping businesses and government agencies secure the Internet of Things.
What's next for Igloo?
With the infusion of capital from its most recent financing round, Igloo is well-positioned to accelerate its product roadmap and expand its footprint in the competitive SaaS landscape. The company is expected to leverage these resources to deepen its integration capabilities and enhance its AI-driven knowledge management features. As enterprises continue to prioritize digital transformation and hybrid work models, Igloo's strategic focus will likely center on scaling its platform to meet the demands of global organizations seeking to unify their digital ecosystems and drive long-term operational efficiency.
See full Igloo company page
