Announced
Completed
Financials
Sources
Tags
Data Centers and Hosting
Acquisition
Completed
Private Equity
Venture Capital
cloud collaboration service
Friendly
Minority
Domestic
United States
Private
Single Bidder
Synopsis
Thrive Capital, a private equity firm, led a $185m Series D funding round in Airtable, a cloud collaboration service company, valuing the company at $2.5bn. Benchmark, Coatue Management, CRV, Caffeinated Capital and D1 Capital Partners also participated in the round. "We didn't need the money. Once Covid hit, we wanted to seize the opportunity and not have to worry about what the economy is going to look like if there's a second wave. We are building for the long term without being distracted by broader market fluctuations," Howie Liu, Airtable Co-Founder and CEO.
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