It will also include localised versions of its platform for France, Germany and Spain, the company said. In all, ClickUp is being used by 800,000 teams - up from just 200,000 a year ago.Ī significant proportion of ClickUp’s customers, some 40%, are already based outside of the U.S, with a large part of those users in Europe - some 275,000 teams in all, the company said - hence its interest in focusing more deeply in the region. The company counts the likes of Google (yes, the company behind its own productivity tools), McDonald’s, and Netflix among its large enterprise customers. Craft Ventures and Georgian Partners are among its earlier backers the company has now raised $535 million.ĬlickUp - based out of San Diego - plans to use the funding to double down on growth in Europe, with 600 new jobs and a new HQ set for Ireland that will handle R&D, operations and sales. Now another startup is announcing a massive round of funding for a platform that it believes has its own unique role to play in disrupting enterprise IT: by providing a single, all-in-one solution covering various aspects of workplace productivity.ĬlickUp, which provides a set of tools that lets its users tackle project management, document collaboration, spreadsheets, chat and goals from a single platform - a little like Workday but for productivity - has raised $400 million, a Series C funding that the company confirmed values it at $4 billion post-money.ĬlickUp said that this is, to date, the single-largest Series C in the workplace productivity market (others like Slack have raised bigger single rounds… so still room to grow!). Andreessen Horowitz and Tiger Global are co-leading the round, with Lightspeed Venture Partners and Meritech Capital Partners also participating. We’ve had opportunities to raise a lot more, but we’ve never felt like if we had more money we could grow faster.Companies like Slack and Asana stormed into the world of tech to steal a march on incumbents like Microsoft in providing a new wave of point solutions to make it easier for workers respectively to chat with each other, plan projects and more. In November, COO Akshay Kothari told TechCrunch that the company was hoping not to raise outside funding again, “So far one of the things we’ve found is that we haven’t really been constrained by money. The company’s highly customizable note-taking app allows enterprise customers to create linked networks of databases and documents. Their last raise of $10M valued them at $800 million. With this raise, the firm has amassed $67 million in total funding, the company says. Notion, a startup that operates a workplace productivity platform, has raised $50 million from Index Ve ntures and other investors at a $2 billion valuation, the company told The New York Times.Ī Notion spokesperson confirmed the raise and valuation to TechCrunch.Īs startups across the board begin looking at layoffs or raising at less than favorable terms, Notion had been in the unusual position of turning away interested investors for years.
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