|No Of Investors
|Andreessen Horowitz, a16z, ICONIQ Growth
Enterprise Loom $130M in May
Productivity app, Loom raised $130 million led by Andreessen Horowitz in Series C. The round was backed by a16z and ICONIQ Growth with ex-investors Coatue, Sequoia, Kleiner Perkins, and General Catalyst.
Andreessen Horowitz joined the board with other investors and suggest a growth plan for the company. In the digital world, Loom helps companies to increase productivity regardless of its size.
CEO, Joe said that we will use these funds for:
1. Hybrid Work Resources
2. Platform & loomSDK
3. Organization & Discovery
Moreover, Loom believes that work is not bounded at a place; freedom, flexibility and culture are three pillar of a successful companies, Joe added.
Mysha is from a business background and holds a related degree. She is an industry geek and loves to keep a check on every fluctuation happening in the modern tech and business industry.