Miro Raises $400 Million at more than $17.5 Billion Valuation

Miro is an online workspace company that provides its clients with a visual collaboration whiteboarding platform. It is an interactive online platform for teamwork, that also can integrate with more than 100 apps such as Google Workspace, Microsoft Teams, Zoom, and others.

Among investors in the Series C funding round were Iconiq Growth, Accel, Atlassian, Dragoneer, GIC, Salesforce Ventures, and TCV. The individual investors’ list includes Airtable co-founders Howie Liu and Andrew Ofstad, Snowflake CEO Frank Slootman, and DocuSign CEO Dan Springer. “In our view, Miro’s culture of customer centricity makes it well-positioned to address a myriad of use cases across hybrid work for more than a billion knowledge workers globally.”, said Matthew Jacobson, general partner at Iconiq Growth and Miro board member.

Miro, headquartered in Amsterdam and San Francisco, was founded by Andrey Khusid and Oleg Shardin in 2011. The company now offers more than 1000 templates to give users the opportunity to work together regardless of where they are. Miro’s client base includes more than 30 million users, this number increased from 5 million in 2020. Among them are almost the whole Fortune 100 list with such companies as Cisco, Dell, Deloitte, HP, etc. 20 of them bring more than $1 million revenue each year. “We’ve seen the market evolving over the last 10 years, and what started as an idea to bring a whiteboard into a browser has enabled us to understand the kind of value we can bring to organizations of all sizes.”, Andrey Khusid, CEO.

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