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Extra Crunch roundup: 'Nightmare' security breach, Poshmark's IPO, crypto boom, more – TechCrunch


Extra Crunch roundup: ‘Nightmare’ security breach, Poshmark’s IPO, crypto boom, more
The rest of the world may be slowing down as we prepare for Christmas and the new year, but we are not taking our foot off the gas.
Alex Wilhelm keeps a close watch on the public markets in his column The Exchange, but this week, he branched out to look at some of the metrics underpinning soaring cryptocurrency prices and turned his gaze on StockX, the consumer reseller marketplace that just raised $275 million in a Series E that values the company at approximately $2.8 billion.
“Selling a tenth of your company for north of a quarter-billion may be somewhat common among late-stage software startups with tremendous growth,” he says, but “don’t laugh the round actually makes pretty OK sense.” ....

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ClickUp Names Melissa Rosenthal, Former BuzzFeed and Cheddar Executive, Chief Creative Officer


ClickUp Names Melissa Rosenthal, Former BuzzFeed and Cheddar Executive, Chief Creative Officer
Award-Winning Creative Executive Behind Massive Growth of BuzzFeed and Cheddar Joins Productivity Leader to Help Shape Brand Strategy and Community Voice
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SAN DIEGO, Dec. 18, 2020 /PRNewswire/  
ClickUp, the only productivity platform that replaces all other workplace apps across an organization, today announced the appointment of Melissa Rosenthal as the company s first Chief Creative Officer. In this new role, Rosenthal will shape ClickUp s overall brand strategy, guide community engagement and develop the company s creative content across multiple platforms and customer touchpoints. 
Workplace productivity is a white hot space, but the industry today lacks clear definition. Too many tools with too few features have left customers unsure of where to turn to fit their expansive needs, said Melissa Rosenthal, Chief Creative ....

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ClickUp Taps BuzzFeed, Cheddar Exec As Creative Head


socaltech.com
San Diego-based
ClickUp, which develops productivity software for the business market, says it has tapped a veteran of the online media industry as its new Chief Creative Officer. The company said Melissa Rosenthal will serve as its first Chief Creative Officer, to shape its brand strategy, community engagement, and other efforts. Rosenthal was most recently Executive Vice President at Cheddar, and was Global Vice President of Creative at BuzzFeed. The shift is an interesting move, as Cheddar and BuzzFeed are best known for their focus on viral, consumer content. ClickUp is led by founder and CEO Zeb Evans. ....

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ClickUp raises $100M as venture capital continues to flow to local startups [The San Diego Union-Tribune]


ClickUp raises $100M as venture capital continues to flow to local startups [The San Diego Union-Tribune]
San Diego-based ClickUp, which makes productivity software for businesses including tools for remote work, has raised $100 million in a second round of venture capital funding.
The latest funding, announced Tuesday, comes on the heels of ClickUp corralling $35 million in June. It highlights how San Diego startups continue raising money at what looks like a record pace despite the coronavirus pandemic.
Local startups are expected to pull in well over $1 billion in the fourth quarter based on deals announced so far. That comes on top of $3.4 billion raised during the first three quarters of the year. ....

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ClickUp hits $1 billion valuation in $100M Series B raise – TechCrunch


ClickUp hits $1 billion valuation in $100M Series B raise
Just six month after raising its first bit of outside funding, ClickUp has closed $100 million in new funding and reached a $1 billion valuation, a report in Bloomberg first reported.
The company has seen plenty of growth in the past several months to justify that new unicorn status, including doubling the amount of users to 2 million. In a press release the company also detailed it had grown revenue nine times over since the beginning of the year.
This latest $100 million round was led by Canadian firm Georgian with participation from Craft Ventures, which led the startup’s $35 million Series A back in June. The high valuation showcases just how eager investors are to find winners in the productivity software space, which has seen massive customer gains as an industry this year, partially as a result of shifting corporate attitudes toward working from home. ....

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