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Atlassian rival Linear raises $82M at $1.25B valuation
Linear, an enterprise software maker that competes with many of Atlassian's products, announced that it raised $82 million in a Series C funding round led by Accel.
Linear, an enterprise software maker that competes with many of Atlassian’s products, on Tuesday announced that it raised $82 million in a Series C funding round led by Accel. The round, which also had participation from 01A, Sequoia, Seven Seven Six, and Designer Fund, values Linear at $1.25 billion and brings the company’s total raised to $134.2 million, according to Crunchbase. CEO Karri Saarinen told Reuters that Linear’s new funding will be put toward expanding the company’s product portfolio and attracting larger enterprise clients.
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