Productivity-focused task-management startup Asana has introduced a recent $75 million spherical of funding led by Generation Investment Management (GIM), the London-based funding agency cofounded by Al Gore. Existing traders 8VC, Peter Thiel’s Founders Fund, Sam Altman, and Asana’s very personal Dustin Moskovitz additionally participated within the spherical.
By manner of a fast recap, Asana was created by Facebook cofounder Dustin Moskovitz and Justin Rosenstein, a software program engineer who performed a key position in growing early Google merchandise equivalent to Gmail chat and helped create the “Like” button when he joined Facebook as engineering lead in 2007. The duo left Facebook in 2008 to kickstart Asana — although the product didn’t launch to the general public till 2012 — and Asana went on to safe some notable traders, together with Mark Zuckerberg, Sean Parker, Peter Thiel, and Marc Andreessen.
The thought behind Asana really started whereas Moskovitz and Rosenstein have been at Facebook, the place they wished to enhance Facebook staff’ productiveness — they felt that they have been spending an excessive amount of time on “work about work,” equivalent to task-planning. According to Rosenstein, he felt this represented a “Facebook-sized alternative all by itself.”
Asana claims 30,000 purchasers globally, together with Uber, Airbnb, Google, Spotify, Tesla, Dropbox, Samsung, NASA, Snap, and — sure — Facebook. Until pretty just lately, Asana hadn’t actually pushed its enterprise outdoors the U.S., although it did arrange a small staff in Dublin, Ireland a few years in the past to additional its European ambitions. In an interview with VentureBeat again in November, Asana mentioned that round 40 p.c of its income and 45 p.c of its paying clients at the moment are outdoors the U.S., and it has expanded its interface past English into French and German, with plans for Spanish, Portuguese, and Japanese later this 12 months.
The San Francisco-based firm has now raised round $163 million in funding, and with its newest money injection Asana mentioned it plans to turbocharge its worldwide growth and push additional into the enterprise.
The firm added that it’s now valued at $900 million, placing it simply in need of the much-coveted “unicorn” standing.
This article sources data from VentureBeat