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Atlanta’s Calendly Raises $350M From OpenView Venture Partners At $3B+ Valuation

Posted by Staff Writer on January 27, 2021 in Latest News | 2 Views

By Dana Sanchez

Atlanta’s Calendly raises $350M From OpenView Venture Partners At $3B+ Valuation. Photo: Twitter

Tope Awotona’s Atlanta-based scheduling platform Calendly helps make virtual meetings easier, and because we’re all meeting virtually in the time of coronavirus, the market is rewarding him.

Calendly has raised a $350 million investment, valuing the company at more than $3 billion as business booms for tech founders who service people who work and study from home.

The Calendly funding round was led by OpenView Venture Partners, a Boston-based expansion-stage firm and existing investor, with participation from San Fransisco-based Iconiq Capital, Atlanta Business Chronicle reported.

Calendly doubled its subscription revenue to $70 million in 2020, according to the announcement. More than 10 million people per month, including workers at Zoom and Twilio, use the platform to streamline the way they schedule meetings.

“Our profitable, unique, product-led growth model has led to Calendly becoming the most used, most integrated, most loved scheduling platforms for individuals and large enterprises alike,” Awotona said in a prepared statement.

After immigrating from Nigeria to the U.S. as a teenager and attending college in the U.S., Awotona worked as a door-to-door salesman but planned on Click here to read entire article

Source:: AFKINSIDER

      

Posted in Latest News | Tagged african, apps, benin, cameroon, chad, eritrea, Ethiopia, ghana, latest, mozambique, news, niger, nigeria, senegal, somaolia, south africa, technology, togo, uganda

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