In other words, the use cases are nearly infinite, and so is the potential customer base. Being such, and having the infrastructure to support an app ecosystem on top of that, means that this no-code tool can actually be used to write software. Also of note: Founder and CEO Howie Liu told Forbes that he was approached by Greenoaks, rather than actively seeking funding.Īirtable is a relational database that many describe as a souped-up version of Excel or Google Sheets. Airtable, a low-code provider of a lightweight way to help line-of-business employees manage and present business data, today announced the launch of Interface. Airtable chief revenue officer, chief people. Airtable offers low-code app builder tailored for enterprises Speed, ease of workflow, and democratization of technology and business data are what IT is all about in 2021. The company says it plans to use the funding to accelerate the development of its enterprise product and growing the team. Airtable’s whopping 11 billion valuation attained in late 2021 has lured a raft of ambitious entrepreneurs into the low-code database space. This latest round was led by Greenoaks Capital, with participation from WndrCo, as well as existing investors Caffeinated Capital, CRV and Thrive. The valuation comes out to $5.77 billion post-money, more than doubling its valuation from September, when it raised $185 million in Series D funding. Airtable, the no-code relational database that has amassed a customer base that spans 250,000 different organizations, has today announced the close of $270 million in Series E funding. Airtable announced today it raised 270 million in Series E funding at a 5.77 billion post-money valuation. As part of Airtable’s decision to cut 20 of staff, or 254 employees, three executives are parting ways with the company as well, a spokesperson confirmed over email.
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