• Latest
  • Trending
Airtable hits US$11 billion valuation in latest funding

Airtable hits US$11 billion valuation in latest funding

December 15, 2021
ATC Ghana supports Girls-In-ICT Program

ATC Ghana supports Girls-In-ICT Program

April 25, 2023
Vice President Dr. Bawumia inaugurates  ICT Hub

Vice President Dr. Bawumia inaugurates ICT Hub

April 2, 2023
Co-Creation Hub’s edtech accelerator puts $15M towards African startups

Co-Creation Hub’s edtech accelerator puts $15M towards African startups

February 20, 2023
Data Leak Hits Thousands of NHS Workers

Data Leak Hits Thousands of NHS Workers

February 20, 2023
EU Cybersecurity Agency Warns Against Chinese APTs

EU Cybersecurity Agency Warns Against Chinese APTs

February 20, 2023
How Your Storage System Will Still Be Viable in 5 Years’ Time?

How Your Storage System Will Still Be Viable in 5 Years’ Time?

February 20, 2023
The Broken Promises From Cybersecurity Vendors

Cloud Infrastructure Used By WIP26 For Espionage Attacks on Telcos

February 20, 2023
Instagram and Facebook to get paid-for verification

Instagram and Facebook to get paid-for verification

February 20, 2023
YouTube CEO Susan Wojcicki steps down after nine years

YouTube CEO Susan Wojcicki steps down after nine years

February 20, 2023
Inaugural AfCFTA Conference on Women and Youth in Trade

Inaugural AfCFTA Conference on Women and Youth in Trade

September 6, 2022
Instagram fined €405m over children’s data privacy

Instagram fined €405m over children’s data privacy

September 6, 2022
8 Most Common Causes of a Data Breach

5.7bn data entries found exposed on Chinese VPN

August 18, 2022
  • Consumer Watch
  • Kids Page
  • Directory
  • Events
  • Reviews
Sunday, 4 June, 2023
  • Login
itechnewsonline.com
  • Home
  • Tech
  • Africa Tech
  • InfoSEC
  • Data Science
  • Data Storage
  • Business
  • Opinion
Subscription
Advertise
No Result
View All Result
itechnewsonline.com
No Result
View All Result

Airtable hits US$11 billion valuation in latest funding

by ITECHNEWS
December 15, 2021
in Leading Stories, Tech
0 0
0
Airtable hits US$11 billion valuation in latest funding

Enterprise software company Airtable has raised a $735 million Series F funding round that boosts its valuation to $11 billion

Airtable, a connected apps platform that enables teams to build workflows that modernise their business processes, has closed a $735 million investment at a pre-money valuation of $11 billion, nearly twice the $5.77 billion it was worth following its previous funding round in March.

YOU MAY ALSO LIKE

ATC Ghana supports Girls-In-ICT Program

Vice President Dr. Bawumia inaugurates ICT Hub

According to Airtable, its technology is relied upon by more than 80% of the Fortune 100, and the company’s customer base spans industries and includes Amazon, Baker Hughes, IBM, LVMH, Netflix, Nike, Red Bull, Restoration Hardware, and Under Armour. 

The company’s low-code tools enable knowledge workers in virtually any business function – from marketing to product to operations to finance to HR and beyond – to build customised applications that previously required deep technical skill or significant IT investment.

“As we’ve sharpened our focus on the needs of enterprise businesses, customers are scaling their use of our products to department- and company-wide processes, establishing Airtable as a source of truth for their most valuable operations,” said Howie Liu, co-founder and chief executive officer of Airtable. “This additional capital will allow us to invest even more aggressively in product development and to scale a team and infrastructure capable of supporting a much larger, worldwide customer base.”

Developing technology to allow teams to collaborate

By 2023, the number of people developing software applications outside of IT at large enterprises will be at least four times the number of professional developers, according to Gartner.

Airtable has invested heavily in product innovation in 2021, recently introducing Interface Designer, the first complete application builder for enterprise. The new features empower teams to design fully interactive front-end experiences on any workflow built in Airtable and to tailor apps specifically to how their teams operate. 

With an estimated 1.25 billion knowledge workers worldwide, according to Forrester, Airtable continues to expand its enterprise sales, success, and support teams to fuel a growing number of large deployments. Airtable’s go-to-market approach combines the virality and ease of use of end-user adoptable products, with the ability to scale across entire organisations.

“Airtable is building the foundational low-code platform, transforming how software is created and used by businesses globally. The decentralisation of software development represents one of the largest opportunities in all of technology and will unleash a critical wave of innovation and productivity,” said Gaurav Kapadia, founder of XN. “We are thrilled to support Howie and his team as they continue to scale their thriving enterprise business and put the power of software creation in the hands of millions of knowledge workers.”

By Technology Magazine

ShareTweetShare
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.

Search

No Result
View All Result

Recent News

ATC Ghana supports Girls-In-ICT Program

ATC Ghana supports Girls-In-ICT Program

April 25, 2023
Vice President Dr. Bawumia inaugurates  ICT Hub

Vice President Dr. Bawumia inaugurates ICT Hub

April 2, 2023
Co-Creation Hub’s edtech accelerator puts $15M towards African startups

Co-Creation Hub’s edtech accelerator puts $15M towards African startups

February 20, 2023

About What We Do

itechnewsonline.com

We bring you the best Premium Tech News.

Recent News With Image

ATC Ghana supports Girls-In-ICT Program

ATC Ghana supports Girls-In-ICT Program

April 25, 2023
Vice President Dr. Bawumia inaugurates  ICT Hub

Vice President Dr. Bawumia inaugurates ICT Hub

April 2, 2023

Recent News

  • ATC Ghana supports Girls-In-ICT Program April 25, 2023
  • Vice President Dr. Bawumia inaugurates ICT Hub April 2, 2023
  • Co-Creation Hub’s edtech accelerator puts $15M towards African startups February 20, 2023
  • Data Leak Hits Thousands of NHS Workers February 20, 2023
  • Home
  • InfoSec
  • Opinion
  • Africa Tech
  • Data Storage

© 2021-2022 iTechNewsOnline.Com - Powered by BackUPDataSystems

No Result
View All Result
  • Home
  • Tech
  • Africa Tech
  • InfoSEC
  • Data Science
  • Data Storage
  • Business
  • Opinion

© 2021-2022 iTechNewsOnline.Com - Powered by BackUPDataSystems

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version