Video messaging platform developer Loom, which counts Slack as an investor, closed a $28.8m round that reportedly doubled its valuation to $350m.
Loom, a US-based communication software developer backed by messaging app producer Slack, has completed a $28.8m series B round that valued it at about $350m, Fortune has reported.
The round was co-led by venture capital firm Sequoia Capital and investment management firm Coatue Management and it increased the company’s total funding to more than $73m.
Founded in 2015, Loom has created a software platform with more than 4 million registered users who can utilise it to record and share video…
