Software Startup Airtable Scores a $11.7 Billion Valuation

Source: Airtable.com

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Collaboration software startup Airtable has raised new funding at an $11.7 billion valuation, making it part of a rarefied club of companies to reach decacorn status -- a more than $10 billion valuation.

Airtable raised $735 million in the funding round, the company plans to announce Monday, and will use the cash infusion to improve its workplace application platform and expand to Europe.