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Andreessen Horowitz led a $130m Series C round in Loom.

Synopsis

Andreessen Horowitz, a private American venture capital firm, led a $130m Series C round in Loom, a video messaging platform for work, with participation from ICONIQ Growth, Kleiner Perkins, Sequoia Capital, Coatue Management, and General Catalyst. "The time is now to rethink how work happens, the tools that support it, and how they fit together. This is a change on a generational scale. That begins with embracing new models of working, but also using tools that foster high-performing, sustainable cultures. We believe Loom is the future of communication at work and essential to making that shift successfully. Our growth over the past year, coupled with this new financing, validate that we’re well on our way to delivering a new standard for teams worldwide," Joe Thomas, Loom CEO.

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