- On Thursday, Asana — a collaboration and productivity software company started by Facebook co-founder Dustin Moskovitz — announced that it had raised a $ 50 million Series E funding round.
- Asana is now valued at $ 1.5 billion.
- “It’s really nice to cross over that concrete mark,” Asana CEO Dustin Moskovitz said, referring to reaching the unicorn status of companies valued over $ 1 billion.
- 2018 has been a momentous year for Asana, as the company already raised a $ 75 million Series D in January and says it’s revenue is growing 90% year over year.
- With the latest funding round, Asana plans to continue its international growth (first, by opening an office next week in Australia) and increase its number of employees from 400 to 600 by the end of 2019.
After more than a decade, Asana can finally call itself a unicorn.
On Thursday, Asana announced that it had raised a $ 50 million Series E funding round, putting the company at a $ 1.5 billion valuation. The funding round was led by Generation Investment Management with participation from others like Benchmark Capital and Founders Fund. In total, Asana has raised over $ 2o0 million to date. See the rest of the story at Business Insider
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