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ClickUp raises $100M as venture capital continues to flow to local startups

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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.
For all of 2019, San Diego startups took in a total of $3.5 billion, which was the largest amount of venture capital flowing into the region in the previous five years, according to industry research firm Pitchbook. ....

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ClickUp CEO talks hiring, raising and scaling in the white-hot productivity space – TechCrunch

ClickUp CEO talks hiring, raising and scaling in the white-hot productivity space
Few young software companies have had as great a year as San Diego-based ClickUp. The company, which makes business productivity tools for task management, goals and docs, raised its first bit of outside funding in mid-2020.
Just six months later, it has reached a $1 billion valuation after doubling its customer base and revenue increased ninefold as businesses embraced remote work.
The new funding and valuation after just a few months of hefty growth show just how closely investors are watching the productivity software space. I spoke with ClickUp CEO Zeb Evans yesterday to get his insights on the challenges of hypergrowth and why it made sense to say “yes” to the check. ....

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(ASAN), Salesforce.com Inc (NYSE:CRM) - Asana Rival ClickUp Hits $1B Valuation In Latest Funding Round: Bloomberg

(ASAN), Salesforce.com Inc (NYSE:CRM) - Asana Rival ClickUp Hits $1B Valuation In Latest Funding Round: Bloomberg
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Software maker ClickUp reaches US$1b value in funding round

Software maker ClickUp reaches US$1b value in funding round
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

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ClickUp Raises $100M in Series B Funding

The round, which brought total funding to $135m, was led by Georgian, with participation from Craft Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by Zeb Evans, CEO and Founder, ClickUp ClickUp empowers organizations to bring all work into one platform and let their users work how and where they want. Development, marketing, sales, finance, design and more can all work in ClickUp and create business alignment and efficiency. The platform also provides integrations with over 1,000 workplace apps, including Google Drive, Slack, Zoom, Salesforce, GitHub, and Zendesk, and more than 100 native apps that can be toggled on and off based on user needs. ....

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