![]() "We are thrilled to support Howie and his team as they continue to scale their thriving enterprise business and put the power of software creation in the hands of millions of knowledge workers."Īirtable has invested heavily in product innovation in 2021, recently introducing Interface Designer, the first complete application builder for enterprise. The decentralization of software development represents one of the largest opportunities in all of technology and will unleash a critical wave of innovation and productivity," said Gaurav Kapadia, founder of XN. "Airtable is building the foundational low-code platform, transforming how software is created and used by businesses globally. “This additional capital will allow us to invest even more aggressively in product development and to scale a team and infrastructure capable of supporting a much larger, worldwide customer base.”īy 2023, the number of people developing software applications outside of IT at large enterprises will be at least four times the number of professional developers, according to Gartner. “As we’ve sharpened our focus on the needs of enterprise businesses, customers are scaling their use of our products to department- and company-wide processes, establishing Airtable as a source of truth for their most valuable operations,” said Howie Liu, co-founder and chief executive officer of Airtable. ![]() The company’s low-code tools enable knowledge workers in virtually any business function – from marketing to product to operations to finance to HR and beyond – to build customized applications that previously required deep technical skill or significant IT investment. Existing Airtable investors including Benchmark, Caffeinated Capital, Coatue, D1 Capital Partners, Greenoaks, ICONIQ Growth, and Thrive Capital also participated in the round.Īirtable’s technology is relied upon by more than 80% of the Fortune 100, and the company’s customer base spans industries and includes Amazon, Baker Hughes, IBM, LVMH, Netflix, Nike, Red Bull, Restoration Hardware, and Under Armour. Morgan Growth Equity Partners, Michael Dell’s MSD Capital, Salesforce Ventures, Silver Lake, and funds and accounts advised by T. This Series F round includes participation from respected public market and private investment firms: XN, which led the round, Franklin Templeton, J.P. The $735 million in new funding brings Airtable’s total investment to date to $1.36 billion and values the company at $11 billion (pre-money). SAN FRANCISCO, Decem– Airtable, the connected apps platform that enables teams to modernize their business processes, announced a new round of investment that will dramatically strengthen its focus on product development, customer growth, and support for enterprise teams across multiple industries. Airtable secures $735 million to invest in its connected apps platform and expand adoption among the world’s largest companies.
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