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Fintech

Asana raises $75M Series D led by Al Gore’s Generation Investment Management

Asana raises $75M Series D led by Al Gore’s Generation Investment Management
IoE News
January 31, 2018
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Asana, the productiveness and collaboration carrier, is getting a big infusion of money after era funding management, a London-based mostly enterprise backed through former U.S. vp Al Gore, led a $ seventy five million funding.

funding administration became joined in this collection D circular through latest backers 8VC, Founders Fund, Y Combinator President Sam Altman who also participated in the round. Asana co-founder and CEO Dustin Moskovitz, who co-established fb, changed into additionally in.

The deal will see Colin le Duc, a co-founder and accomplice at generation, be a part of the six-year-old startup’s board.

Asana stated in a weblog post that forty five % of its 30,000 paying client base is determined outdoor of the U.S.. some of its excessive-profile names include Tesco, Sky, Danone, Chanel and Spotify. In that mild, it’s planning to introduce Spanish, Portuguese and jap models of its carrier having recently rolled out guide for French and German.

This new circular covered, Asana has now raised $ 168 million from investors. enterprise Insider suggested that the startup is now valued at $ 900 million. If correct, that would represent fairly a soar on the $ 600 million valuation that it commanded when it closed its $ 50 million collection C in 2016.

https://tctechcrunch2011.files.wordpress.com/2018/01/photo-31-01-2018-18-41-58.jpg?w=210&h=158&crop=1
Fundings & Exits – TechCrunch



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Fintech
January 31, 2018
IoE News @ioenews

Related Items$75MAsanaGenerationGore’sinvestmentmanagementraisesSeries

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