Slack-backed Loom has completed a $130m series C round led by Andreessen Horowitz.

Loom, a US-based video messaging platform backed by enterprise software producer Slack, has closed a $130m series C round led by Andreessen Horowitz.

The round, which valued Loom at $1.53bn, also attracted Iconiq Capital, Kleiner Perkins, Sequoia Capital, Coatue Management and General Catalyst.

Loom operates a platform that allows co-workers to send each other recorded video messages, rather than communicating in real time. It will use the money to drive research and development activities.

Loom has now raised $203m in…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.