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STARTUP: Co. Plans to Hire 400 More Employees
ClickUp, a company that provides workplace collaboration software has raised $35 million in Series A funding led by Craft Ventures with participation from Georgian Partners.
The funding will be used to begin paid marketing and localizing the product to different languages and user geographies. This is the startup's first outside capital, and will be used to grow "aggressively," setting an ambitious goal to expand its 90-person team to 500 by the end of this year.
David Sacks, general partner of Craft Ventures, will join ClickUp's board of directors as part of the raise. Sacks was part of the PayPal mafia, formerly serving as Chief Operating Officer alongside Elon Musk and other well-known entrepreneurs during the earliest days.
"ClickUp's rapid growth through viral, bottom up adoption was a clear sign to us, people love it," said Sacks. "We believe Zeb's vision for uniting collaboration tools on one, flexible platform is the future for the category."
Founded in 2016, by Zeb Evans chief...