Coda, Would-Be Successor To Google’s G-Suite, Now Valued Above $600 Million
While Slack and Microsoft Teams spar over users in the new world of work-from-home, a much-hyped startup is taking on a different tech titan, Google and its productivity G-suite, with a major new round of funding from venture capital investors.
Coda, a San Francisco area-based startup which helps users collaborate in online documents that function as their own lightweight apps, has raised $80 million in a funding round that values the company at $636 million, the company tells Forbes. Kleiner Perkins led the funding round, and was joined by existing investors Greylock, Khosla Ventures and General Catalyst.