Sacha’s Weblog

eXo Platform raises 6m USD March 8, 2010

I am very happy to report that eXo has successfully raised 6m USD from two leading French VCs (Auriga Partners and XAnge Capital). Also, Bob Bickel will step up as chairman of eXo’s BoD. As announced a few months back, I am an advisor to eXo and I’ve also participated to this investment round.

I’ve always been impressed by eXo’s product portfolio, both in terms of width and depth. Yet, while eXo is well-known and has very solid references in France (Orange, M6, Geneva State, Generali, etc.), they are pretty much unknown in the USA. This is not surprising though: this is the result of a complete lack of sales presence in the USA and no marketing activities. Consequently, with this investment, eXo will accelerate their U.S. operations and recruit some key talents.

And this acceleration has already started: Katie Poplin, fame of JBoss’s marketing machine, has recently joined eXo as their worldwide marketing director (Katie was the steam engine behind all JBoss World events). And in case you didn’t know that yet, the highly talented Chantal Yang is behind eXo’s PR machine (through PageOne).

This is going to be a fun ride! Onward,

Sacha