He has worked with various prestigious enterprises before joining Airtable. Andrew is a graduate in Electrical Engineering and Economics. He hails from rural Montana and is also an alumnus of Duke University. Before establishing Airtable, Howie had also founded the intelligent CRM Etacts, which was obtained by Salesforce.Īndrew Ofstad is also a co-founder and Chief Product Officer at Airtable. He is a graduate of Mechanical Engineering and Public Policy from Duke University. Ever since he was a teenager, Howie was enthusiastic about software creation. The founder and Chief Executive Officer of Airtable, Howie Liu, had been a product administrator at Salesforce before starting on this venture. They have also been able to raise a total of 170 million dollars as funding through various rounds. More than 15 million databases have been created through Airtable as of now. In addition to these, around 170,000 companies are regular users of Airtable. make use of the services provided by Airtable. Many famous companies from all over the world, such as Netflix, Shopify, BuzzFeed, Expedia etc. You can organise complicated procedures like shooting a film or even the smallest tasks like making a list with the help of Airtable. Through Airtable, the users can make a database, set up section types, include records, interface tables to each other, work together, sort records and distribute the data to external sites.Īirtable believes that anyone should have the right to create the tools they need for their work. You can take a look at the file attachments like images. Airtable consists of various fields which resembles the cells in a spreadsheet but has sections named checkbox, phone numbers etc. The company has its headquarters in San Francisco, California. Airtable is one such platform which integrates the features of a database into a spreadsheet.Īirtable ( 1) was established by Howie Liu, Andrew Ofstad and Emmett Nicholas in 2012. It works well for businesses as all members of a team can co-author computer files with the help of cloud collaboration. A number of people can contribute and edit the documents present in a shared space. In today’s world, the most popular sort of data management system is a cloud collaboration network. Tech site the Information previously reported some details of the funding round.The collection and storage of information is no longer trouble with the help of the internet and various softwares. Investors put $270 million into the company in March at a $5.8 billion valuation. About 80% of companies in the Fortune 100 are paying customers, Liu said.Īirtable’s valuation has climbed quickly. Like many workplace productivity tool companies, Airtable has seen demand surge during the pandemic and now counts more than 300,000 active customers including International Business Machines Corp., Hulu and Netflix Inc. 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,
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |