The firm will use the fresh funds to hire talent to fuel its growth plans.
The investment comes just a year after its inception (February 2015) and follows seed funding from Cyberagent Ventures in May last year even before the startup launched its closed beta testing.
“Oneteam plans to use this fund to enhance recruiting activities for rapid service development of their new business collaboration platform “Oneteam”, and to reinforce marketing functions for business expansion to Southeast Asian countries, as well as to strengthen their business fundamentals,” the company said, in the latest statement.
Oneteam is now released to the limited customers mainly in Southeast Asia under its closed beta initiative, starting from January 12. But the Japanese startup said it will establish overseas business bases, accelerating its global expansion.
Next month, the platform will be published as an open beta version.
Oneteam’s founder, Akira Sasaki, used to be with Recruit Holdings as business development manager in Southeast Asia. His expertise in the region helped the business collaboration platform expand quickly in the area from day one even as it was incorporated in Japan.
Some 85 per cent of its clientele are companies outside of the country and mostly based across Southeast Asia, according to a Tech in Asia report.
By securing the $1.7 million venture money, Oneteam declares to take on other chat apps like Slack, Convo, Flowdock and Chatwork, which has also recently secured series B funding worth $12.8 million. Among a bunch of various cloud tools for communication, some can be inefficient due to cross information, and Oneteam aims to tackle this issue.
“Realising topic-based, real-time discussions and coordination with multiple cloud services and cross-searchability, Oneteam enables unification of communication in a company and contributes to increasing the productivity of the companies by optimising communication,” it said.
While such applications as Slack and Flowdock are meant for engineers, Oneteam develops tool for non-engineer professionals.
“Slack and Flowdock manage flowing information, so engineers can talk [in a] real-time conversation. However, non-engineers cannot confirm information in real-time since they often move from their seat to have negotiations with their customers. Thus, we think [people] need a new communication tool [where] they can discuss in topics,” a representative from Oneteam named Yohei Miyasaka told Tech in Asia.
The app also provides the profile sharing function, enabling a team to know each other better.