Wednesday, November 30, 2016
The very first post we did on the Reprographics 101 Blog about PlanGrid was on March 9, 2012, so, almost five years ago. Here’s a link to that post:
Today, when one visits PlanGrid’s web-site, and looks at the “about us” information, one will notice this – very impressive – information:
After an initial seed rounding of funding amount to $1.1 million, PlanGrid completed two additional rounds of funding – raised $18 million in May 2015 (led by Sequoia Capital) – raised an additional $40 million in October 2015 (led by Tenaya Capital). That’s some serious funding!
And, just as impressive, look at PlanGrid’s “outside board members”:
Carol Bartz – Former CEO of AutoDesk
Ben Boyer – Managing Director of Tenaya Capital
Douglas Leone – Managing Partner of Sequoia Capital
George Hu – Former COO of Salesforce.com
Tracy Young is one of the original founders of PlanGrid and she continues on in the CEO role. Hat’s off to what looks like an extraordinary success, so far.
Posted by Joel Salus at 3:20 PM