The round was led by the Ontario Teachers’ Pension Plan Board.
CODA SOFTWARE SAN FRANCISCO SERIES
Following its Series D round, Coda is looking to build out its all-on-one docs editing software. As remote work has become the new norm, cloud-based document developer Coda is planning to pursue further growth with its latest injection of funding. It’s also currently hiring for a few positions across marketing, sales and CX. Skedulo just closed on a Series C round led by SoftBank’s Vision Fund II to invest in scaling up its platform and fueling international expansion. Its cloud-based workforce management platform provides enterprises with tools to manage, engage with and analyze the work of deskless employees. Powered by AI and machine learning, Skedulo’s cloud-based software helps enterprises increase productivity by enabling them to intelligently manage and support workforces.” -Priya Saiprasad, partner at SoftBank Investment Advisers, Skedulo investor “The pandemic dramatically accelerated the adoption of digital services for workers across many industries, including those who don’t work in a traditional office setting. Investors led by SoftBank’s Vision Fund contributed to the round, alongside Sequoia Capital and others. The platform comes with features like automatic background removal and dynamic presentation features. With a fresh round of funding, the company has raised $140 million to date for its platform that offers video conferencing software. The transaction is set to close later this year, and Nextdoor will trade under the ticker symbol “KIND.” The deal will also include a $270 million investment and will boost Nextdoor’s valuation to $4.3 billion. The neighborhood social network platform is planning a reverse merger with a special purpose acquisition company sponsored by an affiliate of Khosla Ventures.
Find out who’s going public, who raised fresh funding and more. Quite a few companies announced big news last week, helping grow the ever-evolving Bay Area tech scene.
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