Radix founder Bhavin Turakhia is involved in many companies these days. Back in May one of his companies, Zeta, secured a $250 million investment from SoftBank Vision Fund 2.

Today another company that Bhavin has founded has raised $30 million at a $300 million valuation. Titan is a next generation email platform. The investor is none other than Automattic the folks behind WordPress.com.

Here is a look at some screenshots of the Titan product.

Cpanel Plugin
WordPress Plugin
Embeddable Panel

Full release

Titan, the next-generation email platform for professionals and small businesses, announced a $30million strategic investment from Automattic, the company behind WordPress.com. The Series A investment values Titan at $300 million.

Titan is uniquely focused on providing the best Integrated Email for Web hosts, Domain Registrars, and Website Builder companies. Titan was born out of a vision to re-invent email, specifically to meet the needs of the small business customers that are starting with their web presence.

“For far too long, customers looking to get started with their web presence with their own domains and hosting have had no good options in terms of getting a great email experience. They’ve either had to contend with legacy platforms built more than a decade ago or buy prohibitively expensive solutions from Google and Microsoft. Titan is here to change that,” said Bhavin Turakhia, Founder and CEO.

Over the past two quarters, Titan has become available to all customers of WordPress.com, Hostgator Latin America, and Hostinger.com, with more globally reputed hosting brands set to launch Titan shortly.

Partnering with leading Web Hosts and Domain Registrars

Titan works with the leading hosting and site builder platforms globally to provide an Integrated Email experience that enables users to set up and access email along with their website. 

By partnering with Titan and offering customers an email experience that meets their specific needs, Web Hosts and Domain Registrars can increase their profit 2x.

Increasing email sales 3x – through Titan’s plugins, the Titan control panel can be integrated into hosting control panels and WordPress to drive a 3x lift in email attach rates.

Increasing email deliverability, improving NPS – with a flawless IP reputation and an advanced abuse prevention process, Titan can guarantee email deliverability, reducing customer complaints and driving a higher NPS.

Improving customer engagement and reducing customer churn by 5% – by integrating the Titan into your own hosting panels, Titan partners can see a 100x lift in logins to their website and higher customer renewals from the increased usage.

Increasing brand engagement 100x – in providing hero branding to partners, partners can capitalize on their customer’s daily email use and stop forfeiting that top-of-mind brand recall to Google and Microsoft.

Custom packaging and pricing – Titan puts its partners in control of pricing, enabling them to offer Titan through freemium bundles, low-cost stand-alone offerings in developing markets, or premium packages in developed markets.

“Our partners are the key to our strategy, and I’ve found that working with partners that truly care about giving their customers the best experience ultimately have the best revenue outcomes as well. This investment reinforces our commitment to our partner-first philosophy,” said Bhavin.

“We are excited to make our largest strategic investment to date in Titan, and we are working to integrate it deeply on WordPress.com as a tool to help customers build a professional brand online,” said Matt Mullenweg, founder and CEO of Automattic. “We believe in Titan’s potential to create a world-class suite of productivity tools that offer an in dashboard, customized user experience, in which it gives users and partners ownership and control over their personal data.”

Titan will leverage the investment to deepen and expand its product suite to deliver even greater value to its current and future customers.

Founded by Bhavin Turakhia, Titan’s team is distributed across multiple locations globally.

About Titan

Titan is a next-generation email platform designed to enable businesses to build closer relationships with their customers. Titan is available to customers exclusively through its partnerships with leading web-presence providers, including web-hosting, domains and site-builder companies. Founded by Bhavin Turakhia (CEO), Titan is part of Nova group, which also owns and operates Flock. Nova currently has over 150 employees, spanning multiple locations globally. Learn more at Titan Email for Professionals and Businesses

About Automattic 

Automattic’s goal is to make the web a better place. With products like WordPress.com, WooCommerce, Jetpack, Tumblr, and WordPress VIP, Automattic helps support customers through web hosting, e-commerce, security and backups, enterprise infrastructure, and more. Automattic is a distributed company with more than 1,600 employees working from 86 countries. Automattic believes in open source, and the vast majority of their work is available under the GPL. Follow Automattic on Twitter, Facebook, and YouTube. For more, visit automattic.com.

Source link

Original article: Titan raises $30M from Automattic at $300M valuation

©2021 Domain Observer. All Rights Reserved.

Leave a Reply

Your email address will not be published. Required fields are marked *