https://nighthawkrottweilers.com/

https://www.chance-encounter.org/

Business

Airtable, maker of a coding platform for non-techies, raises $ 100M at a $ 1.1B valuation – TechCrunch




If data is the new oil, you might think of apps are the cars that need it to move. Nu, en startup som har bygget en platform til at lette alle – ikke bare de med teknisk kompetanse – produsere og drive sine egne "biler" har opparbeidet en betydelig omgang med finansiering til at vokse sin forretning. Airtable – which uses a simple interface built on spreadsheets and other tools familiar to knowledge workers as a frontend to produce apps and other web-based experiences – has raised $ 100 million in funding to expand its business with more talent and offices outside the US.

Airtable's tools are now in use by some 80,000 businesses today, the company said, representing a real growth spurt.

This latest round ̵[ads1]1; a Series C – was led by Josh Kushner at Thrive Capital, Peter Fenton at Benchmark, and Philippe and Thomas Laffont at Coatue Management. Delphine Arnault, Emily Weiss, Alexa von Tobel, Sarah Smith, Dan Rose, and previous investors. CRV and Caffeinated Capital also participated – bringing the total raised by Airtable to $ 170 million.

Howie Liu, the CEO who co-founded Airtable with Emmett Nicholas (now CTO) and Andrew Ofstad, said that the initial idea for the product came out of their own experience. The tech world had already identified that many tools for building apps and other products were potentially too technical for the vast majority of knowledge workers in the tech industry (who might not have coding experience), but the solutions in the market for making things like apps were still "too expensive and complicated to use."

"The vision was to democratize the value proposition," he said. A database, the founders decided, "in its most flexible form, can be customized to what you need, and that would be better than using someone else's existing database model."

Airtable is not the only company that has identified the problem and tried to solve it by building powerful macros under the hood of otherwise standard-looking database interfaces.

DashDash is building a similar concept out of Europe focused specifically on spreadsheets, and we're even seeing Microsoft and partners building more functionality into the world's leading spreadsheet provider, Excel.

Indeed, that's not seen as stiff competition, but a sign for Airtable's investors of just how much opportunity there is in space. " Airtable has established itself as the leader in what will become a very large market," Josh Kushner, managing partner at Thrive Capital, said in a statement.

One of the important aspects of Airtable is its Slack-like approach to the task of using its platform to build things.

The company has a platform called Blocks that not only allows its users to include data from a number of sources, but also to select a number of Verschillende soorten of outputs voor hoe en waar de gegevens zouden moeten worden gebruikt, of het in een marketingcampagne over tekstberichten, een AI-gebaseerde bot of een VR-ervaring ligt. Liu confirmed for me that for now Excel is not one of its integration partners, for now.

Another notable point is that Airtable is yet another example of how the most promising startups are racking up funding in rapid rounds at the moment. 19659002] Just yesterday, no less than four different startups – Service Titan, UiPath, Nikola, and SAM – announced rounds of funding coming on the heels of fundraising more months earlier. It's a sign of how the market is very hot at the moment: VCs and other investment companies have raised fueled by large sums of cash that now need to be put to use, and they are all looking for strong bets to do just that. 19659002] Fast-growing startups in areas that are on the rise present safe harbors to these investors, and with tens and hundreds of billions of dollars at these funds still in play, we will probably continue to witness this funding trend for some time to come.



Source link

Back to top button

mahjong slot

https://covecasualrestaurant.com/

sbobet

https://mascotasipasa.com/

https://americanturfgrass.com/

https://www.revivalpedia.com/

https://clubarribamidland.com/

https://fishkinggrill.com/