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No-code spreadsheet startup Rows has raised a $16 million Series B funding round led by Lakestar. 

Formerly known as Dashdash, Rows previously raised funding from Lakestar in March 2020 and says it has taken advantage of investor interest to continue scaling its product. “COVID-19 has accelerated our product because people working remotely want to feel more productive,” Rows CEO Humberto Ayres Pereira told Insider.

Founded in 2016, Rows provides easy-to-use spreadsheets which the company believes will disrupt an industry dominated by Google Sheets and Microsoft Excel. The startup spent 2020 adding increased functionality to the platform and will continue to scale its offering as it launches its public beta today. Moving from its private beta to public helps bring some 10,000 customers from its waitlist onto the platform. 

Existing investors Accel and Cherry Ventures also joined the round which takes Rows to $25 million in overall funding. “It was quite an informal process,” Pereira added. “We’ve worked with Lakestar for a while and they know the product conversations continued to scale up again after the March round.”

Rows will use the funding to hire in more senior positions across its two offices in Porto and Berlin. Another key addition will be an …read more

Source:: Businessinsider – Tech


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