Audio-based social community Clubhouse has closed a financing spherical that reportedly values the corporate round $4 billion.
In a blog post Sunday, Clubhouse stated it has closed a brand new Sequence C spherical of funding, although it didn’t disclose an quantity.
Clubhouse closed a Sequence B funding spherical in January. “Since then we now have grown quicker than anticipated,” Clubhouse stated in its weblog publish. “Whereas we’ve quadrupled the dimensions of our crew this yr, stabilized our infrastructure, launched Funds in beta to assist creators monetize, and readied Android for launch, there’s a lot extra to do as we work to deliver Clubhouse to extra folks world wide.”
The San Francisco-based firm stated the brand new funding would go to supporting worldwide progress, investing in accessibility options, and scaling its help and neighborhood groups, amongst different issues.
Buyers included DST World, Tiger World and entrepreneur Elad Gil, and was led by Andrew Chen at a16z, Clubhouse stated.
The invitation-only app launched lower than a yr in the past, and has seen membership develop strongly. A number of rival companies, together with Twitter Inc.
LinkedIn and Salesforce.com’s
Slack are reportedly engaged on related options for his or her software program.