VentureBeat.com reported that Monday.com raised $50 million today.
VentureBeat reported:
Monday.com, the team and project management tool formerly known as Dapulse, has raised $50 million in a series C round of funding led by Stripes Group, with participation from Insight Venture Partners and Entrée Capital.
Monday.com was once reported stolen back on Namepros, the conversation there is worth a read.
Elliot Silver wrote about the rebrand, and in the comments Joe Uddeme left a comment that NameExperts.com did sell the name to Dapulse (former name) back in 2016.
Back in the day Monday.com was a rebrand for PWC Consulting.
I remember when PWC rebranded as “Monday” probably using this name and it was widely ridiculed (everyone hates Monday). They changed name again shortly after. Ironic that it was stolen. Is this name jinxed?
Reading the thread I don’t think it was stolen, it was actually sold.
The real question is would they still have been able to raise as much money using their former name? Too bad there’s no way to really know.
Yes, because they raised $35 million previously under the old name. I think the new name is pretty awful personally.
Gotcha. Yeah, I’m not a huge fan of it either. I mean who likes Mondays? At least it’s easy to say, spell, and remember.
Perhaps they should have gone with SmartMonday.com instead. 😉
Anything with “Monday” in it is a bad idea.
Ironically this company says they changed name from dapulse because
“people kept making fun of it”
“Even a TV anchor couldn’t keep her laughter to herself when interviewing a Dapulse employee on air. ”
To me it sounds like this company has used the same person to choose the name on each occasion (was it the ceo or someone else?) Because the same mistake has somehow been achieved twice.
You think you’d get external advisors out the 2nd time around but seems not.