![]() More than 30% of Airtable’s active users currently pay, and the company’s annual recurring revenue is north of $100 million, Liu said. Similar to Dropbox, Slack and other workplace tools, Airtable offers a basic free version and generates revenue from subscriptions for more advanced tools and services. Existing investors agreed to participate in roughly two weeks. New York-based hedge fund XN led the financing, which Liu said came together quickly. Airtable’s tools allow finance, marketing and other non-technical workers to easily build their own apps. and allow the company to open its first non-U.S. The latest funds will bolster Airtable’s back-end infrastructure, increase integrations with services like Inc. Liu said the company plans to go public in “a couple years.” “This round bridges us to profitability,” Airtable Chief Executive Officer Howie Liu told Bloomberg. ![]() ![]() Omicron Infects 70 Times Faster But Is Less Severe, Study SaysĬhina’s Bubble Bursting Has Wall Street Eyeing a 2022 RallyĪirtable raised $735 million in the funding round, the company plans to announce Monday, and will use the cash infusion to improve its workplace application platform and expand to Europe. Travelers to France Face Stricter Rules to Slow Omicron (Bloomberg) - Collaboration software startup Airtable has raised new funding at an $11.7 billion valuation, making it part of a rarefied club of companies to reach decacorn status - a more than $10 billion valuation.įed Doubles Taper, Signals Three 2022 Hikes in Inflation PivotĬrypto Prices Go Haywire on Coinbase,
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